“In exchange, you can have fee concessions… you're really taking that stake in exchange for providing material LP capital.”
♫
Said on How I Invest with David Weisburd
How I Invest with David Weisburd · E437: Doug Beyer on Raising Capital, LP Psychology & GP Stakes
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
charge GP stake fees only after providing anchor capital, effectively using the capital as a discount on the stake price
“In exchange, you can have fee concessions… you're really taking that stake in exchange for providing material LP capital.”
“When you're seeding a firm, you're predominantly providing anchor LP capital to help solve the cold start problem… you give confidence to the marketplace that you're a going concern.”
“I’m not gonna raise more capital than that… the only way to do that is to be patient… snowball effect.”
“We've raised capital… from introduction to giving us a cheque, have been as quick as six to seven weeks”
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.