David Clark (@daveclark85) 's Twitter Profile
David Clark

@daveclark85

CIO at VenCap International plc

ID: 49588044

calendar_today22-06-2009 10:02:36

443 Tweet

3,3K Followers

297 Following

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New article from erin griffith on scaling VC. From an LP perspective this is not an either/or. Also, not all platform firms are created equal. Ultimately it’s about who can back the top 1% founders. nytimes.com/2024/12/13/tec…

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The three rules for LPs investing in VC funds: 1. Invest with firms with a history of backing the best founders 2. Maintain a consistent investment pace 3. Don’t let your ego screw up 1 and 2. #3 is harder than it sounds.

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More evidence that the VC market is rationalising. If you’ve backed great companies then you’ll do well. If you haven’t then you don’t deserve to survive. LPs need to look past the narrative as every VC has a compelling story.

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Am I the only one who thinks there is no shortage of scale up capital in the UK for world-class founders building global businesses with large TAMs. Revolut, Wise, Synthesia, ElevenLabs…. Raising capital is the easy part.

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Is this just sheer luck or do a firm’s advantages compound with every successful deal they are involved in? We believe it’s the latter, although there are still ways great firms can falter (usually by growing too big or screwing up succession).