Venture Capital Thursdays: Discussing and understanding secondaries, VC performance metrics and evolving liquidity in the venture capital asset class across the stack from founders to angels, Seed VCs, Series A VCs, growth investors and LPs with my students in California. Recommend to play at 2x speed if English is your first language.

· Direct Secondaries – primary vs secondary investing

· How does it work with running a process, getting ROFR’d, how to not get ROFR’d

· How to waste time and not make any money trying to buy secondaries and what happens in the real world?

· Structured secondaries

· How are secondaries impacting the timing of an exit?

· How are secondaries impacting the actual value of the exit?

· How are secondaries impacting the performance of a VC fund to its LP investors?

· Understanding key VC performance terms work
and the impact of Secondaries on performance

· What is IRR? – impact of secondaries?

· What is MOIC? – impact of secondaries?

· What is TVPI? – impact of secondaries?

· What is DPI? – impact of secondaries?

· What is Cash-on-Cash? – impact of secondaries?

· LP Secondaries

· Discounts LP secondary buyers seek to get

· What is a Fund of Funds (FOF)

· Evolving liquidity in the venture capital asset class across the stack from founders to angels, Seed VCs, Series A VCs, growth investors and LPs

Video: https://youtu.be/qorjT7OV9nU

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Join the 7BC Venture Capital Syndicate to co-invest with our VC fund (https://angel.co/s/sevenbc/ZZAgQ) or invest in our 506c VC fund which co-invests with our main VC fund and join a powerful network of investors actively backing and supporting our portfolio companies. Andrew@7bc.vc