Getting access to top tier venture capital firms can be challenging as most of the fund allocations are dominated by large established institutional limited partners. Venture capital firms are also subject to macroeconomic trends in the market which may affect the various stages of their investment cycle that includes: fundraising, deal structuring and negotiation, valuation, portfolio management and exit.
Many venture capital firms have shut down as they struggle to grapple with the macroeconomic conditions, failed or mistimed investments and underperformance of their investment returns. To this end, the Johns Hopkins Private Equity & Venture Capital hosted John Avirett, Partner at Greenspring Associates (“Greenspring”) at the Carey Business School on Apr 21, 2016 for a session on “Building a Sustainable Platform for Venture Capital” to understand what it takes to become successful venture capital firm.
(more…)