Founders

What’s your first thought when you see someone write LP?


- Liquidity Pool ?

Or

- Limited Partner ?

@quicknode GTM | building /startupradar 📡                                 rants and travel photos are my own

With no additional context, limited partner

Cohost of /gmfarcaster, a live stream Farcaster news show.  Engineer. Mom x 3.

we need to educate founders on this term!!

Why do you think it’s important for founders to know?

You’re very welcome :) 
Happy to be of help lol

And also thank you for asking !!! You gave me the excuse to write all of that out 😆

That’s awesome thank you for sharing this! I have a deep passion for entrepreneurship and helping founders.

I used to work in tradfi at Morgan Stanley and was with a SaaS VC for a hot cup of coffee before joining @quicknode 

Trying to shed light on some things for this channel that are hopefully applicable :)

I worked at public companies for a long time. Knew a bit about PE from friends. Didn’t know much about VC at all until about 3 years ago when I invested in my first fund as an LP. Have learned a lot since then, mostly from following people on Twitter, but also reading a bit and networking. 
Totally agree with your point now that you explain it.

I just think founders need to be well-versed in tradfi terms to navigate fundraising effectively, especially to protect themselves. 

when raising capital, it helps to understand how cap tables, term sheets, and roles like VCs, angels, and limited partners (aka LP, the investors who fund VC firms and influence their strategies) operate.

If a VC comes to you with an offer, it’s best to know what their network will be able to do for you. 

They also need to know their raise options, like equity, SAFE notes, or convertible notes, to pick the best path and negotiate.