20VC: How to Raise a Venture Fund from Deck to First Meetings to Final Close, Why Venture is a Young Person's Game and Why Multi-Stage Funds Have Not Ruined Seed with Rob Go, Co-Founder @ Nextview

Rob Go is a co-founder and Partner at NextView, one of the leading seed firms of the last decade with a portfolio including Attentive, Devoted Health, Whoop, and Grove Collaborative. Prior to co-founding NextView, Rob was an investor at Spark Capital and held product and product marketing roles at Ebay. He began his career as a consultant at The Parthenon Group. In Today's Episode with Rob Go We Discuss: 1. Entry into the World of Venture: • How a cold call from a VC firm led to Rob entering the world of venture? • Why does Rob believe venture is a young person's game? • What does Rob know now that he wishes he had known when started in venture? 2. Preparing Docs for a Fundraise: • What docs should fund managers have ready before they start the raise? • How should they structure their data room? • Where do the majority of LPs spend their time, document-wise? • What are the single biggest mistakes emerging managers make preparing docs for a raise? 3. Meeting Your First LPs: • What is the best way for emerging managers to meet LPs for the first time? • Should they send the deck before or after the meeting? • What questions should emerging managers ask to qualify LPs in or out of a meeting? • What are some clear early signs that a first meeting went well? 4. Closing LPs: The Tips and Tricks: • How important is it for a fund to have an anchor? • How much of a fund should the anchor be? • Are there different qualities of anchor LPs? • Should managers ever sell part of their GP or give an LP part of the carry? • What can managers do to enforce a sense of urgency to get LPs over the line? • What are signs that an LP will not invest in the fund without rejecting you yet? • Should emerging managers impose a minimum check size on new LPs?