Jenny Fielding’s Post

I’ve aggregated a list of 50+ VC roles in one spreadsheet. It’s updated weekly and can be filtered by location, position, firm, etc. Check out the latest list here (as of June 24th) 👇 https://lnkd.in/dRC3XtjS Tag someone who needs this in the comments 💭 — Want a quick snapshot? Here are a few of my favorite postings: Associate, M12, Microsoft's Venture Fund Link: https://lnkd.in/eNFaaSBy Associate & Principal, Wischoff Ventures Link: https://lnkd.in/gu6Mun7p Consumer Investor, Stripes Link: https://lnkd.in/eZdRk6jV Venture Lead, Struck Studio Link: https://lnkd.in/exGcNHJ5 New Ventures Associate, Live Nation Entertainment Link: https://lnkd.in/e3mBYGCt — I’m creating more tools, guides, and other free resources for Junior VCs to (1) 2x their network and (2) carve their path to partner. If you found this helpful, check out the Venture House website for more 👇 https://venturehouse.xyz/ #venturecapital #startup #recruiting #hiring

When you join a tech startup or set off on the exhilarating journey of founding one, you're not just signing up for a job or embarking on a business venture; you're investing part of your life into a dream. A significant portion of the reward for this investment often comes in the form of equity, a slice of the company's future success pie. But here's the catch: this slice doesn't just land on your plate on day one. It's served piece by piece, a process known as vesting, and it's a concept that's as crucial as it is misunderstood. Let's break it down into plain language. When you get equity in a company, think of it as getting a puzzle. You don't get the whole picture upfront. Instead, you're given a piece of the puzzle for every period you stick around and contribute to building the company's vision. This mechanism ensures that the rewards are aligned with your commitment and contributions over time. For most in the tech world, this timeline spans four years, with an initial period—often a year—where you don't earn any equity. This is what's known as a "cliff." After the cliff, the equity is doled out regularly, ensuring that your stake in the company grows as you do your part in growing the company.

Congrats to my friend Tucker McKay on the launch of Ikaria Labs. They’ve been helping me with Fox Ventures and our newsletter and I wouldn’t be able to do it without them. If you are interested in their services and want to discuss my experience please reach out. Ikaria is a boutique growth agency for your investor community. We work directly with funds and fintechs to automate their content engine, streamline their operations, and keep their investors active and engaged. Why work with us? We’re a team of licensed financial professionals, operators, copywriters, designers, and community builders who have scaled investor communities past 100k+ members, helped managers raise $100M+, and illustrated the most compelling stories for the best and brightest investor brands. If you run a venture capital, private equity, real estate, family office, private placement, or registered investment advisory firm, this is for you. We’ve spent months experimenting and iterating with top firms to understand what moves the needle when growing and nurturing your investor community. We’re now opening this up to the public and accepting a small handful of new clients in December. If you’d like to work together, fill out this form here https://lnkd.in/eiWxQjKm. Want to be part of the community? If you’re a GP - fill out this form to connect with other GPs on deal flow and co-investment opportunities, find new LPs to join your community, discover the best professional service providers to take your firm to the next level, or sponsors to partner with on your next investor event.  https://lnkd.in/eDeDujGR If you’re an LP - fill out this form to get access to deal flow across all types of asset classes. Our network invests alongside a mix of emerging and tenured managers in deals backed by Tier 1 firms, including Tiger Global, Sequoia, and Lightspeed, along with sovereign wealth funds, notable angels, family offices, and more. https://lnkd.in/eh-pUa9z If you’re a service provider - fill out this form to connect with new clients. Our clients often ask for introductions to legal, accounting, finance, capital raising, and other resources. https://lnkd.in/eyuFcasQ If you’re a company or a fund interested in sponsoring investor events - fill out this form. Our investors host in-person retreats, fireside chats, dinners and happy hours, virtual conferences, accelerators, demo days, and more. If you'd like to get on the list for future sponsorship opportunities, please fill out the form below. https://lnkd.in/etzFXnRj

Partnering with and investing in the best global tech businesses in listed markets requires depth of insight - but it also requires proximity to change, which is only accelerating. That change is most acute in the early stages - where founders are thinking creatively about how to solve problems with tech and moving rapidly to find product-market fit. Working closely with our venture team, David M., Sam Eden and I really lean in to what they learn to ensure our listed market investments have the highest probability of increasing defensibility over time and exhibiting high growth persistence. There is significant benefit in the other direction in analysing the attributes of repeatable growth at scale and going deep on incumbents that further strengthens Square Peg's investing overall. Jethro Cohen and I recently sat down to chat through a few elements of Square Peg's Global Tech Fund and our approach. Read more here: https://lnkd.in/gNJnG_dy

How can you “buy” an unfair advantage for a new venture?

 𝐏𝐚𝐲 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮𝐫 𝐞𝐪𝐮𝐢𝐭𝐲: co-founder, venture studio, or incubator/accelerator. 10-50%
 𝐏𝐚𝐲 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮𝐫 𝐝𝐨𝐥𝐥𝐚𝐫𝐬: hire people with skills you don’t have. 100K-1M$
 𝐏𝐚𝐲 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮𝐫 𝐭𝐢𝐦𝐞: build skills and do it yourself. 5-10yrs.

 What are you most comfortable paying with?

The Optimal Revenue Model For Driving Tech Ventures The quest to turn your idea into money, a career, or a successful exit can result in some important foundational tasks left unattended. It’s commendable to work hard and strategize correctly to bring your business into reality, but soon it comes time to introduce VC’s to the strategy. You may not get to where you want to go without them. Take the point at which you’ve gone through a Series A round, you’re through beta, the bugs are out and you’re ready to mobilize, scale, market, distribute and otherwise disrupt the market. Although the product is ready to go, doing the marketing and penetrating your target market takes lots of more money, backing, support, and still more discipline...read more at

🌍 Square Peg Capital aims to raise a new $550 million fund, focusing on fintech, AI, SaaS, and climate tech. 📈 They plan to maintain fund size despite challenging market conditions, targeting high-conviction investments with the intent of above-average returns. 🚀 Despite market downturns, Square Peg boasts strong returns with a distributed to paid-in capital ratio of 4.6x, preparing for future growth and expansion in Southeast Asia and Israel. - Want full insights? Subscribe to Tech in Asia to read the entire article.

OpenView had one of the largest portfolio-facing teams in venture (25 people!), and one of the most robust content strategies (I've long been a fan). So what does the news that OpenView is dissolving its most recent fund say about the future of platform? Possibly nothing--from what I can see in news articles, departing partners could be a big piece. But, it's worth checking out their team makeup. A quick perusal of the OV team page shows 6 ops partners and 19 on the expansion team (excluding investment ops and interns). Some quick math using average compensation by title from the VC Platform Comp survey allows for an estimate that a team of that size and makeup would cost just shy of $𝟱𝗠 𝗽𝗲𝗿 𝘆𝗲𝗮𝗿 𝗶𝗻 𝗰𝗮𝘀𝗵 𝗰𝗼𝗺𝗽𝗲𝗻𝗮𝘀𝗮𝘁𝗶𝗼𝗻, assuming all of them are FTEs. With an AUM of $2.4B, that puts OV's ops spend at 𝟮𝟬 𝗯𝗽𝘀 𝗼𝗳 𝗔𝗨𝗠, 𝗼𝘃𝗲𝗿 𝟯𝘅 𝘁𝗵𝗲 𝗮𝘃𝗲𝗿𝗮𝗴𝗲 𝘄𝗲'𝘃𝗲 𝗳𝗼𝘂𝗻𝗱 when we've done similar math when looking at the teams of top growth equity firms. (Admittedly, we haven't yet done a deep dive looking at platform spend as a % of AUM in early stage venture). So what's the takeaway? Portfolio-facing teams this large are an outlier, and bigger might not always be better. I DO believe that investing in portfolio value creation is here to stay. It's important for bolstering returns and attracting both prospect companies and LPs. BUT, firms will increasingly think about how to approach portfolio ops more scalably, leveraging one-to-many mediums and tapping their broader (non-FTE) networks.

As a founder, it doesn’t have to be lonely forever. Sure, it’s lonely early on as your vision is most likely unseen, and you’re floating in a big blue ocean. With real dollars invested, every further investment takes you further away it seems from ROI. You are everything from the janitor to the boss to the leader to the secretary to the admin and everything in between. The responsibility of burdens, but if you’re going after the target as you should be, you have no other option but to do it all. That is until 9point8.co showed up. I’ve never felt more supported, more complete, or more free to be myself and KNOW the team is handling what is needed behind the scenes, together, for the bigger picture. If anyone is even thinking of starting a tech venture or a company, get your idea as clear as possible and then engage 9.8. They’ll expedite your path to success and opportunity and rather than you making bad hires or desperate decisions to fill needs, will help fulfill your roadmap. I can’t thank the guys enough. But thank you, as I always say it every day, every call. Blair Merlino Evan Allen Neal Ghosh JT Benton Fueled by experience. Driven by results. #reverifi #fintech #proptech #realestate

New investment models are emerging in the startup sphere. I came across Calm Company Fund's Shared Earnings Agreement (SEAL). It's not your usual trade-off of equity for cash. Instead, founders and investors share profits, making the whole money game more about mutual wins. Pretty cool. The TL:DR version of SEALs: ➡ Investors earn a share, aligning everyone’s interests. 💵 Founders have a salary cap early on, delaying profit-sharing until growth kicks in. 📊 Earnings for investors cap at 2-5x, freeing founders from infinite payouts. 💡 On a sale or raise, investors get a fair share, minus what they've earned. This model will not replace the classic venture model, however the promise of syncing founders and investors, aiming for joint financial wins must be appealing to some companies. Yet another signal of how the landscape is evolving and maturing.