Power laws and the real return profile of early-stage VC
Early-stage venture returns are shaped by a small number of outliers, but what that actually means for portfolio construction, ownership targets and follow-on strategy gets oversimplified more often than not.
Join Auptimate for an in-person panel breakfast with fund managers, allocators and syndicate leads who build and evaluate return profiles for a living. Over breakfast, expect a direct, practitioner-level conversation on fund size versus ownership targets, how many outliers a fund actually needs, reserves and follow-on strategy, and what a "good" DPI or TVPI looks like at each stage.
Panelists
Luuk Eliens — Managing Partner, ATUM Ventures. Luuk builds and backs deep tech ventures out of Singapore, and co-founded the Singapore Deep-Tech Alliance, working closely with research institutions, corporates and investors to bring deep tech companies to market. luuk-eliens
Rufus Sorsa — Associate Partner, Antler. Rufus co-leads early-stage investments and operations for Antler in Singapore, having backed over 250 startups across South East Asia since joining the team in 2018. sorsar
More panelists to be announced.
Moderator: Olivier Too — Co-Founder and CEO, Auptimate. Olivier is a corporate lawyer turned entrepreneur with over 15 years of experience across Europe and Asia, spanning a magic circle law firm and a global corporate services firm before co-founding Auptimate in 2022. oliviertoo
📅 Date: Tuesday, September 8, 2026
📍 Location: Singapore (confirmed to registered attendees)
Who should attend:
Angel investors
Family offices
Capital allocators
Emerging fund managers
Spots are limited and curated. Priority given to fund managers, family offices and capital allocators in Singapore. Others will be placed on a waitlist.
RSVP now. Location details shared upon registration confirmation.
About Auptimate
Auptimate is an online platform helping angel syndicates, fund managers and startup founders set up and operate Special Purpose Vehicles (SPVs) and funds. Auptimate has helped 200+ SPVs and funds manage AUA of over $377M from 2800+ investors and clients across South East Asia, the Middle East and Europe.