Venture capital funds are typically structured to have a 10-year lifespan, but venture-backed companies often take more than 10 years to achieve an exit and return capital to their investors. So what happens when a portfolio company needs more than 10 years to achieve an exit? In Episode #7 of the Fund81 podcast, Industry Ventures Managing Partner Roland Reynolds helps us answer this question and more.
Roland Reynolds is the managing partner at Industry Ventures - the leading liquidity provider for the venture ecosystem. Roland focuses on secondary, primary and direct co-investments for the Industry Ventures team, and has spent nearly two decades in venture capital. In addition to being an expert on venture capital liquidity, Roland was one of the first institutional investors to invest in smaller venture capital funds. He founded Little Hawk Capital Management, a fund of funds for micro-VCs, which was later acquired by Industry Ventures.
Over these past two months and throughout all of 2020, I've learned something that I want to record to make sure that I remember: My anxiety about the potential outcomes is almost always worse than the actual outcome.Read more ➞
In this second episode of a new series to feature startups sourced from our Fund81 VC forum members’ portfolios, I interviewed Alaffia Technology Solutions nominated by the Hustle Fund.Read more ➞
In this episode, Beezer shares how the pandemic is affecting Sapphire Partners’ investment strategy. I also share what I’ve been seeing from investing in startups and venture capital funds through our MergeLane fund.Read more ➞
I want to keep reminding myself that nearly 50 percent of my fellow Americans desired a different outcome for this election. I believe that in politics, business, and life, understanding and collaborating with your adversaries is the key to driving change.Read more ➞