Herston Elton Powers’ Post

Welcome to our new quickfire Q&A series, Meet the Managers. Our first interview is with Reece Chowdhry of Concept Ventures. Concept Ventures is a dedicated pre-seed VC fund that invests in software companies with a people-centric approach. The first question we asked Reece was which individuals helped him the most in his journey, and he answered: Sam Ettelaie (we promise we did not influence his choice!), Matt Penneycard and Dr Arjun Patel. Find out more about Reece's journey below 👇

We wired our 300th SPV this week via Riverside Ventures 💰💸📈 This does not include deals I have co-syndicated, as most know this is a model I am bullish on and expands the exposure for LPs. I’m not going to do a “10 key learnings from 300 SPV’s” post, ya know… all that stuff you’re supposed to do or whatever here. I cover it weekly via Last Money In Media 🙂 The best curated syndicated deals for accredited investors can now be found via Deal Sheet (our new, paid product). Feeling very motivated from the 300 deals we’ve done! Excited for the next 300 SPV’s and awesome founders/companies to back ahead! We don’t lead rounds or set terms but we are definitely open for business. Onwards & upwards for Riverside Ventures, Last Money In Media, and Deal Sheet...

A founder's ability to hone in on their ICP and build value and solve a problem for a very specific customer segment is crucial. 🎯 One insight I took away from Parker Gilbert's journey building his company Numeric is not only their ability to do this effectively, but to elect to work with a focused customer segment where the value of the partnership compounds over time (i.e go-to-market, integration). 🥞 For Numeric that's incredible finance customers and partners like Mercury, Plaid, Wealthfront, Betterment. 💜 Not to mention the traction that led to raising their $10M round from top firms like Founders Fund, Menlo Ventures, and 8VC. 💸 🚀 🎙 🎙 Check out the entire interview with Parker here: https://bit.ly/numeric-br

🚨New founders detected🚨 Discover serial founders and experienced operators that have just founded new ventures. Dealroom’s new Founder Alert feature tells you who has founded a new company, where they’ve studied, where they’ve worked and what they’ve raised before https://lnkd.in/d_GcgYC

LESSON 1 PITCHING to #VCs or #Angelinvestors: @LatestSale and Rare Founders complaint to David Levine of Glenluna Ventures after START UP DECK ROAST webinar on 05/09/2024, "Can we have some more please? 90 minutes? Not enough!" https://lnkd.in/eUK3jari

“I’m not accredited.” “I don’t know how to invest.” “I don’t have connections.” Don’t let this stop you from becoming an angel investor. Here’s how👇 Apply to Hustle Fund’s Angel Squad, where you will: 1️⃣ Learn the approach that the Hustle Fund team developed from reviewing 40k+ deals 2️⃣ Invest as little as $1k after seeing live pitches from top Hustle Fund portfolio companies 3️⃣ Network with other members at events and get matched 1:1 based on shared interests I personally love the welcoming community, the insights I’m gaining from the resource library and events, and the curated network of aspiring and current investors. Join me in this community that’s been featured in The New York Times and TechCrunch: https://lnkd.in/g3G7V3Pq. Here’s to making angel investing more accessible!🎉 Elizabeth Yin, Shiyan K., Eric Bahn, Haley Bryant, Brian Nichols, Jamie Melzer, Kera DeMars, Chloe Tan, Janel Spilker, Shaun Heng, Kate Shepherd, Raphael Milo, Jennifer Morris, George Z., Patrick Reyes, Jason W., Jessica Shaw, Nicole Simpson, Elaine Littlejohn Lamsus, Sue Chu, Zack Bujazia, Max Harris, Tucker McKay, Anna Claire Howard, Janel Loi #angelinvesting #startups #founders #investors #community

5 Fundraising Hacks That Nobody Tells Founders By Vojta Rocek, Karol Lasota, Andreas Munk Holm and Moi How To Web 2024 👊 Fundraising is a sales process – Build your funnel and get into execution mode. 💥 The story matters - VCs have cognitive overload and you have to cut through the noise and be memorable. 🔊 Signaling matters – VCs have FOMO and they talk (for better or worse). Use it to build momentum, but remember: trust is key. 💜 It's a people business – VCs are backing you. 🥳 Best tip for a fundraising meeting: Be Yourself and Have fun! Let’s keep the tips/truths about fundraising coming! Cocoa 🍫, Underline Ventures, Inovo.vc and Presto Ventures 📸 to Saul Levin

SCOOP: The Good Bug Bags $3.5 Mn From Sharrp Ventures, Fireside Ventures Interesting fact, Keshav Biyani, the cofounder of The Good Bug is the nephew of Kishore Biyani. (Click the article link in the comment section to know more)

Jed Tan is going global. I'm excited for more stories like this. Keep the fire alive, we need more young dreamers to rally around your story! Jed literally just proved the spectators wrong that "there's no tech talent and entrepreneurs in Manila" 🤣 🤣 🤣 I havent' been in the local scene for years because we were busy grinding but I'm shocked at this change in language from investors. "VC's" now love to call entrepreneurs, dreamers, and visionaries with the derogatory term of "operators". 🙄🙄🙄 "Operators" vs "Spectators" is harmful language and reflective of subconcious #crabmentality . To even debate this dichotomy is a farce. I will pick a fight with anyone who uses the word "operator" to puff themselves up because of their inability to execute & deliver results themselves. My younger brother, Jeremy Young, helped me realize that the real language should be: "Kings" and "Kingmakers" - allies who shape the future together. Both are capital & time allocators, both are operators that drive ROI, both are visionaries, both are dreamers. We have different roles and emphasis but a shared mission. Cheering your story on, Jed! I'm confident your SaaS first approach will surpass ours earlier and much faster! #carryingcrabs

Bonfire sessions are Camp Hustle’s favorite sessions. We previously teased a few that we’ll be having: 🚀 Differentiating your fund with Courtney Russell McCrea and I 🚀 Investing in consumer verticals with Todd Johnson 🚀 Running a syndicate with Brian Nichols Today, I’m sharing 3 more sessions that we’ll have. [SESSION: What to look for in a pitch deck] As an investor, you’re sifting through hundreds of pitch decks on a monthly basis. And being able to find the needle in the haystack is absolutely essential to picking your winners. Lisa Muccio and Peter Liu from The Pitch will discuss how to spot red flags, what successful founders have in common, questions you should be asking when reviewing a pitch deck, and more. [SESSION: Fundraising as an emerging manager] If the following questions are constantly running through your mind, you’re not alone: 🚀 What do LPs want to see in an emerging manager? 🚀 How do you craft an LP outreach strategy? 🚀 What should your investment strategy include? Join Charles Hudson, Virginie Raphael and Elizabeth Yin to dive into all of that. [SESSION: All about the secondaries market] As valuations for private companies came crashing back down in 2022, investors saw big opportunities to transact in the secondary markets. But if you have questions like… 🚀 How do you know who the key players are? 🚀 How do you value the asset class? 🚀 How do you successfully execute a secondary transaction? Join Jamie Melzer and Ryan Logue as they take you through all of it. *** TLDR: if you want a front row seat to these conversations alongside other brilliant GPs, LPs, and family offices, you should probably grab your ticket soon: camphustle.co Like, really soon. General Admission tickets are only good for 2+ more weeks!