My last post in this series covered what an LP looks for in a venture capital fund manager, and the aim of it was to provide the entrepreneurs amongst you with some insight into the pressures on VCs and hence how they behave. This post is similar, although more directly related to the way investors make investment decisions and manage their portfolios, and hence to entrepreneurs.
The vast majority of funds in the venture industry are what we call ‘closed end funds’, which means they operate over a fixed time period. These time periods determine the rhythm by which VC funds operate and are the most important structural element of the venture industry for an entrepreneur to understand.
To read the full, original article click on this link: How does the structure of the VC industry impact investment strategy? « The Equity Kicker
Author: Nic Brisbourne
