Several years ago, I wrote a post titled Why VCs Should Recycle Their Management Fees. From the start of Foundry Group in 2007, we have felt strongly about this. We feel that if an LP gives us a $1 to invest, we should invest at least that $1, not $0.85 (the average fee load over […]

The idea of product/market fit has been around for a long time. And, while founder/market fit is a newer concept, it turns out to be just as important. Recently, Beezer Clarkson at Saphirre Ventures wrote a post titled Raising A Fund? 9 Questions That Help Get You To GP/LP Fit. If you are a GP raising […]