Episode #70, John Frankel, cofounder, ff Venture Capital on Fireside with a VC discussing:

· Learnings from Goldman Sachs applied to VC

· Launching the largest VC fund in Ukraine

· Launching a VC fund in Poland

· Managing the 6 VC funds based in New York, but investing across the US

· What percentage of companies get to $100m of ARR and how this drives portfolio construction

· What is the true work and lifestyle in running a VC business from raising capital, sourcing and diligencing deals, reporting, helping startups, numbers, and repeating

· The types of investors John got into fund I and how this changed with characteristics of raising a fund II, III, IV up to fund VI

· The true time table of starting to getting to exits and into carry

· The difference between investing early, mid stage and late stage within the context of a changing dynamic economy

· QSBS tax breaks for LPs, VCs and founders. No tax on the greater of 10x cost or $10m

· Details on why convertible notes are bad and SAFEs are worse

· The best way to construct a board of directors from pre-seed onwards

· Where is the market going? When is the bottom of the market and why?

· Breaking "the economy" into at least 6 different economies

· How the standoff on falling valuations will play out as we recover

· The complex relationship of public markets and private markets

Twitter: https://twitter.com/john_frankel

YouTube: https://youtu.be/DDCqJMVgUsc

All podcast platforms: https://anchor.fm/FiresideVC

Registration is open for 7BC’s in-person VC insight panels, startup presentations & networking receptions

New York City, March 7, 2023 – https://7BC-neonVest-NYC.eventbrite.com.

Seattle, April 4, 2023 – https://7BC-neonVest-Seattle.eventbrite.com.

Planning events in cities in key tech corridors across the U.S. Get in touch if you want to host or sponsor any of our events.

[email protected]

https://www.linkedin.com/in/romans/

Thanks to our sponsor Pacific Western Bank, Startup Banking & Venture Debt, Mark diTargiani, [email protected]