“‘What is highly correlated… is the LP meeting with you… I'd love to see the data on LP that's met with a GP 10 times. What percentage of those LPs end up investing?’”
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Said on How I Invest with David Weisburd
How I Invest with David Weisburd · E437: Doug Beyer on Raising Capital, LP Psychology & GP Stakes
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suggest GPs introduce LPs to other GPs in different verticals and send industry reports to add value
“‘What is highly correlated… is the LP meeting with you… I'd love to see the data on LP that's met with a GP 10 times. What percentage of those LPs end up investing?’”
“And a tip that I give my clients in my consulting sessions is if mum or dad have cognitive impairments and they're going to see the GP, book a double appointment and go with them.”
“It could be several million dollars at least to launch a new program where you have to hire a new portfolio manager… and also the GP commit can be very significant.”
“They do have you with a GPS sensor and like a in a fanny pack so that if you get lost or you get turned up or hit by a car or something like that, they know where you are”
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