A Rolling Venture Fund or “rolling fund” is a new type of investment vehicle offered by AngelList that allows emerging fund managers to advertise their offering on a quarterly subscription basis while netting carried interest over a…
Browsing Category Fund Formation
Emerging Fund Managers Outperform Established VCs
A common disclaimer found in venture fund subscription documents is: “Past performance does not guarantee future results.” Q: But is that really true?—Aren’t established, top tier VCs almost guaranteed to provide top-tier returns? There are two…
Three Ways to Launch a Venture Capital Fund
Three things surprised me most about venture capital: Legally, anybody can be a venture capitalist. It’s the only asset class in which the asset picks the manager. Raising a fund is like a Walk-a-Thon: People…