If you represent a venture capital fund and want an efficient way to stay on top of who the most promising startups are across the Farcaster ecosystem, DC me.

1 reply

2 recasts

26 reactions

real https://x.com/joshcrnls/status/1994083926617272432?s=20

0 reply

0 recast

2 reactions

The EVCA is probably not on fc, but anyways, thank you for adding my piece "For LPs evaluating new VC managers: my 2x2 framework" into your April 2025 edition: https://evca.substack.com/p/evca-newsletter-april-edition-the-3b5 ✍️ Read my piece on venturenotes.co 👀

0 reply

0 recast

0 reaction

Key insight after Slush 2025: Europe doesn’t need to ask for its moment anymore, this is already the continent where the next generation of global, values-driven companies is being built. Four days in Helsinki brought together thousands of founders, operators and investors around one theme: turning European talent, research and capital into globally scaled companies, not just local champions. For my 6th (or 7th?) Slush, what stood out across stages, side events, late-night convos was how much the ecosystem has matured: repeat founders, operator-turned-investors, and a more disciplined, long-term mindset around building enduring businesses. Leaving Slush 2025, one conviction is stronger than ever: Europe is not a secondary market, it’s a home base for building generational companies with global reach and deep purpose.

0 reply

0 recast

2 reactions

Dear LPs to pre-seed/seed funds, don't forget that if every company in a portfolio seems entirely obvious from the outside, it raises questions about the fund’s edge. Look for GPs investing in weird ideas.

0 reply

0 recast

3 reactions

too few founders do it regularly https://x.com/HarryStebbings/status/1987167402539286660?s=20

0 reply

0 recast

2 reactions

Announcing our new SwissVC Community event ! "Defining Deep Tech: navigating the risk-reward frontier": how VCs qualify, value, and model risks for deep tech, science-led startups. ​Kindly hosted and sponsored by our friends at Verve Ventures, on December 8th. This panel with 3 active SwissVC members, specializing in Deep Tech, will dissect Deep Tech and its real-world implications for investment decision-making. ​The panel will explore how to rigorously qualify projects from 'slingshot' to 'moonshot' and 'shot in the dark', discussing frameworks to gauge potential, tools for assessing and coping with unique risks, and methods to model these dynamics within a venture capital fund. ​Panel will also examine Switzerland’s deep tech ecosystem, discussing its global leadership, talent pool and attractivity, while identifying the gaps and opportunities that remain as the country carves its position at the forefront of transformative, science-driven innovation. This is a prominent topic given that a growing number of VCs based in Switzerland and within the SwissVC community want to invest in deep tech. As the learning curve is steep (the feedback loop is even longer than any other tech), and the barrier to entry is high (knowledge, mindset, size of required capital..), this event will contribute to sharing knowledge and best practices amongst our community to make the Swiss ecosystem stronger. ​Looking forward to this SwissVC Community Event! ​Alex, Arijana, Jenn, Raph, Thomas. RSVP required (private link). Free, restricted to 50 members of the SwissVC community, the # 1 community of professional VC investors in the country, established in 2015, with 500+ members.

0 reply

0 recast

0 reaction

that is the one and only risk for CVC politics and leadership changes at parent company (remember that a CVC has one only LP: its parent company) https://globalventuring.com/corporate/services/munich-re-winds-down-1-2bn-vc-arm-after-decade-of-investing/

1 reply

0 recast

0 reaction

Of course most journalists know what VC is But they keep writing these dogshits bc they have to create content. It's not easy to write frequent, in depth, thoughtful content So they have to fall for the easy one regularly https://x.com/skupor/status/1985912532238749995?s=19

0 reply

0 recast

0 reaction

Surprised he's already stepping down https://x.com/roelofbotha/status/1984346430014898613?s=19

0 reply

0 recast

0 reaction

In VC, fund size and stage shape the nature of returns and risk exposure. New and emerging VC managers tend to run smaller funds, write smaller checks, and invest very early when uncertainty (and potential upside) is at its peak. These early-stage, resource-constrained funds usually can’t (may not want to) double down with significant follow-on capital. In traditional market terms, this is often described as ALPHA exposure, returns driven by skill, insight, or access that uncover outliers before the broader market recognizes them. Alpha is typically uncorrelated with general market trends, it results from finding unique opportunities where risk and reward are asymmetric and value creation depends more on the manager’s judgment than on prevailing conditions. More established VC firms, on the other hand, often deploy larger amounts, invest also at later stages, and reserve substantial capital for follow-on rounds. Although still illiquid, their portfolios tend to move more in line with macro cycles, fundraising environments, and public market sentiment, a dynamic closer to BETA exposure. Beta reflects systematic risk, the portion of returns explained by overall market movements rather than by manager-specific advantage. As companies mature and data signals become clearer, later-stage venture performance often correlates more strongly with the broader venture and public markets. Of course, this alpha/beta analogy is not a strict rule. Many seasoned early-stage firms deliberately stay small and continue placing high-conviction bets in areas of deep uncertainty. Nonetheless, for new LPs, especially single and multi-family offices exploring VC investing for the first time, viewing funds through this alpha-versus-beta lens can provide a useful mental model. It helps frame where a fund might sit along the spectrum, and guides how to combine different exposures when starting building a VC exposure.

1 reply

0 recast

0 reaction

Very interesting Could it be a new form of pre-seed financing, only made possible in this token era? There's a infra to build there. But not as a crowdlending marketplace on crypto rails, the risk being that devs borrowing will be front-run by other devs

0 reply

0 recast

1 reaction

Best definition of adverse selection, applicable to angel investors and family offices alike: - why do I see this opportunity - why do I see this opportunity now - why am I winning it. Valid for directs and LP commits.

0 reply

0 recast

0 reaction

Why are we still pretending that raising a VC fund is black magic? Black magic seeks to harm, control, or manipulate. This is how the rules in Europe consider VC fundraising. In 2025, you can literally trade a meme token or penny stocks from your phone, yet, if you are raising a venture capital fund, you must do it in complete secrecy. Whisper to LPs "you personally know because you've networked with them before", and all this BS. Of course investor protection matters. So does the concept of 'professional investors'. But where is the logic when public markets and crypto are so open to any participant, while early-stage investing, arguably the productive part of the economy, is bound by silence and compliance fears... C'mon Europe. The reality is many VC fund managers do announce their fund on their socials at their own risks... Some talk about their thesis, others even mention target size or first closes. Officially, in the EU, anything that looks like 'marketing' prior to regulatory notification could fall under AIFMD or national private placement rules. But informally, everyone kind of wings it. A specific rule in the US allows general solicitation by VC fund managers (Rule 506(c)), provided a set of tight conditions when it comes to onboarding LPs. Anyways, professional VC firms should be able to speak publicly about raising capital for their funds. It is time we rethink whether fundraising silence really protects investors (LPs), or just keeps capital formation archaic.

1 reply

0 recast

2 reactions

something about doubling down on winners

0 reply

0 recast

1 reaction