AI in Venture Capital · Venture Funding Landscape · Fundraising Operations
Venture Capital Letters
Latest research
Sector Funding Rounds
Defense Tech Venture Rounds Beyond Anduril and Palantir
A tripling of defense tech funding reflects demand for production capacity, not just innovation.
- Startup Equity Compensation Structures and Cliff Vesting TermsThe 4-year cliff vesting schedule protects both startup cap tables and employee commitment.
- Raising a Bridge Round Without Signaling DistressFounders can structure bridge rounds strategically to avoid signaling financial distress.
- AI Infrastructure Market Growth Drivers by LayerEach AI infrastructure layer faces distinct bottlenecks that drive spending across the stack.
- Special Purpose Vehicles in Venture Capital DealsSPVs reduce cap-table complexity while giving investors targeted deal access and lower fees.
AI in Venture Capital
View all →- Generative AI Private Equity Deal Flow and Value CreationPE firms embedding AI in portfolio company products are commanding 20x exit multiples.
- Preferred Stock Rights in Venture Capital Term SheetsPreferred stock gives investors economic and governance protections that common shareholders lack.
- Risks of Algorithmic Bias in AI Venture DecisionsAI hiring tools trained on skewed venture data risk perpetuating funding gaps.
- AI Startup Valuations and Market DynamicsAI startups captured 61% of global venture capital in 2025.
Venture Funding Landscape
View all →- Special Purpose Vehicles in Venture Capital DealsSPVs reduce cap-table complexity while giving investors targeted deal access and lower fees.
- IPO and Acquisition Exit Trends for Venture Backed StartupsVC exits doubled in 2025, but structural shifts are reshaping how founders access liquidity.
- Venture Capital Dry Powder and Deployment PressuresAging venture funds face deployment deadlines as capital piles up faster than deals close.
- Impact of Rising Interest Rates on Venture CapitalHigher rates squeezed venture through valuations, LP capital, and deal terms all at once.
Fundraising Operations
View all →- Post Close Fundraising Process DocumentationDocument your deal terms, cap table, and metrics now before memory fades.
- Managing Parallel Investor Conversations During a RaiseRun fundraising as a pipeline, not a sequence, to create real investor competition.
- Fundraising Timeline Planning and Milestone SettingStartups and nonprofits need vastly different fundraising timelines and milestone structures.
- Automating Fundraising Outreach and Follow UpStrategy without execution wastes automation; define your goal before choosing tools.
LP Management
View all →- Secondary Market Transactions for LP InterestsSelling private fund stakes shifted from distress signal to routine portfolio management.
- LP Advisory Boards Structure and Best PracticesLPACs protect investors by reviewing conflicts and valuations independently from the GP.
- Negotiating LP Side Letters in VC FundsLPs now demand better terms than ever, and one concession cascades across your entire investor base.
- Types of Limited Partners in Venture Capital FundsMeet the six types of investors funding venture capital firms.
Fund Management
View all →- Succession Planning and Firm Continuity for VC FundsLPs now treat succession as a dealbreaker, but most firms lack the documented plan they demand.
- Conflicts of Interest in Venture Capital FirmsManagement fees and valuation control pit venture partners against their investors.
- Venture Fund Reserve Strategy and Follow On DecisionsPicking the wrong reserve ratio forces GPs to choose between defending winners and finding them.
- Managing GP Carry and Economics Across a PartnershipCarry structures and waterfall mechanics determine how PE firms split profits with their investors.