How I raised my first $250k from LPs for my VC firm
About Event
Vineet Shah spent close to two decades in corporate sales and strategy at companies including Emerson Electric and Honeywell before building a venture studio and launching his first VC fund, 8 Clockwise, focused on investing in deep tech and industrial IP.
In this session, Vineet walks through exactly what it took to raise his first $250K for his new VC firm: who said yes, who said no, what systems he put in place, and the fundraising mechanics and dynamics most GPs never hear about until they are living it.
What we'll cover:
What actually changes once you're selling yourself and your fund, rather than a company brand, to LPs
The real mechanics of building momentum for a VC fund's first close
What LPs actually want to see before they say yes, and how that differs for a deep tech thesis
The mindset shift that made rejection easier to take, borrowed directly from 19 years in enterprise sales
Who should attend:
GPs actively raising for a VC fund or about to start, as well as fund managers with a specific thesis (deep tech, hardware, infrastructure) who are getting LP pushback on cycle length or capital intensity.
About the speaker
Vineet Shah is Founder and General Partner of 8 Clockwise, a VC firm investing in deep tech. Before venture, he spent close to two decades in corporate strategy and sales leadership at companies including Emerson Electric and Honeywell. He built a venture studio before launching his fund investing in hardware and industrial IP.
About the host
Myrto Lalacos is the founder of The Emerging VC, an independent platform for the next generation of fund managers. After years inside VC and helping launch more than 1,900 emerging GPs at VC Lab, Myrto now writes, hosts, and convenes the conversations that shape how the new generation of fund managers and VC leaders think and build.
Presented by:
The Emerging VC An independent platform with curated resources for new and emerging VC managers.