Behind the Scenes at a VC Fund, Part 1: Deals, Deals, Deals

My fund, Susa Ventures, just added Natalie Dillon to our team. She's our first-ever investment team hire and we're very excited to work with her. While speaking with dozens of wonderful candidates for the role, I was reminded of how opaque venture capital is as a profession. Many of the candidates asked what a typical day and a typical month are like for a VC. Is it schmoozing at parties for 40 hours a week? Taking back-to-back investment calls while lounging on some tropical beach? Making million-dollar decisions using coin flips? Reading technical research papers? (Answers: no, no, no, and hardly ever.) Now that I've been doing this job for a while, I thought it might be useful to document what working in venture capital is like for anyone who may be curious. This 3-part series is a summary of my experience being one of three partners at Susa Ventures, a seed stage fund. Single-partner funds and later stage funds might operate a little differently. YMMV.

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A Return to Blogging

I'm embarrassed by how much I've fallen behind on writing new blog posts. I've been unusually busy at work for the last few months, but I am finally at the point where I can start writing regularly again. This is a short housekeeping post about recent things I've produced outside of this blog + upcoming posts that I'm finishing up.

Table of Contents

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De-Risking Your Startup (SaaStr 2017 Talk)

This page contains info on a 15-minute talk I gave at the SaaStr conference called "De-Risking Your Startup."

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Three Mathematical Models for Building a More Valuable Company

"All models are wrong, but some are useful."

- George E. P. Box

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Tit-For-Tat Office Hours with a Seed-Stage VC

For a while now, I've wanted to try holding office hours. I've been a big beneficiary of Silicon Valley's pay-it-forward culture, and I'd love to play a part in maintaining that culture. Winter holidays are a forced vacation for VCs*, so this seems as good a time as any to give office hours a try. The experiment that I want to conduct is "tit-for-tat office hours": each person I meet with can ask me whatever they want for 20 minutes, and then I can ask them to teach me something related to their professional experience for 5 minutes. I've never tried this before, but hopefully it'll be useful and fun for everyone involved.

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