What Do VCs Look For In Their Own Investors aka LPs?

If an entrepreneur is looking just for money they should probably raise from sources other than VC. What good VCs do is truly help a company — in the early stages especially with product and go to market, in the later stages especially with business model and exit. Similarly, VCs have their own investors and will often look for other values beyond capital. This post will first illuminate the general structure / terminology around VC and then talk about those other values. 1) Structure / Terminology Of A Fund Those running a fund are called General Partners (GPs) while those…...