Sign up to save your podcasts
Or
Share Why Many Fundraising Decks Are Misleading (and How LPs Get Trapped)
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Why Many Fundraising Decks Are Misleading (and How LPs Get Trapped)
Most investors think vetting a deal is about reading the deck carefully. The real skill is knowing what's missing, what's misleading, and what to ask before you wire money.
In this episode of Vyzer Weekly Calls, Litan and Mike are joined by Hans Box, a CPA-turned-real estate operator and LP investor who has raised over $100M across 25+ deals and holds nearly 100 K-1s a year across real estate, private equity, and venture capital.
Hans brings both sides of the table — he has underwritten and sponsored deals, and he has been burned as an LP early in his career, which is what pushed him into the operator seat in the first place.
In this conversation, we discuss:
- What the first 10 minutes of reading a deck should tell you
- Why unrealistic year-one income projections are one of the most common red flags
- How bridge debt was misused as permanent debt and why it blew up so many 2019–2023 deals
- What fees to expect and when a fee structure is a warning sign
- The difference between preferred return and cash-on-cash — and why LPs consistently confuse the two
- How catch-up provisions work and what you're actually giving up when one is buried in a waterfall
- GP skin in the game: what it signals and what it doesn't
- Where Hans sees opportunity in multifamily right now
This is not a presentation or a pitch. It's a live, open conversation focused on how experienced investors actually read deals before committing capital.
About Hans
Hans is a CPA with a decade of experience as a multifamily sponsor, and an LP portfolio spanning real estate, private equity, and venture capital.
Reach out to him here: [email protected] https://boxwilson.com/
🎧 Listen / Watch the recording:
YouTube: https://www.youtube.com/playlist?list=PLVH9Pz5-HyDBtJSrgG6tbZhhdX1v-6G6E
Spotify: https://open.spotify.com/show/7F0JHBoB5SWvAi12WNmR2e
Apple Podcasts: https://podcasts.apple.com/us/podcast/vyzer-weekly/id1859061480
📅 Join future sessions live:
https://go.vyzer.co/vyzerweeklycalls
Vyzer Weekly Calls are weekly, live conversations designed to help investors think more clearly about risk, private investing, and long-term decision-making.
View all episodes
By VyzerMost investors think vetting a deal is about reading the deck carefully. The real skill is knowing what's missing, what's misleading, and what to ask before you wire money.
In this episode of Vyzer Weekly Calls, Litan and Mike are joined by Hans Box, a CPA-turned-real estate operator and LP investor who has raised over $100M across 25+ deals and holds nearly 100 K-1s a year across real estate, private equity, and venture capital.
Hans brings both sides of the table — he has underwritten and sponsored deals, and he has been burned as an LP early in his career, which is what pushed him into the operator seat in the first place.
In this conversation, we discuss:
- What the first 10 minutes of reading a deck should tell you
- Why unrealistic year-one income projections are one of the most common red flags
- How bridge debt was misused as permanent debt and why it blew up so many 2019–2023 deals
- What fees to expect and when a fee structure is a warning sign
- The difference between preferred return and cash-on-cash — and why LPs consistently confuse the two
- How catch-up provisions work and what you're actually giving up when one is buried in a waterfall
- GP skin in the game: what it signals and what it doesn't
- Where Hans sees opportunity in multifamily right now
This is not a presentation or a pitch. It's a live, open conversation focused on how experienced investors actually read deals before committing capital.
About Hans
Hans is a CPA with a decade of experience as a multifamily sponsor, and an LP portfolio spanning real estate, private equity, and venture capital.
Reach out to him here: [email protected] https://boxwilson.com/
🎧 Listen / Watch the recording:
YouTube: https://www.youtube.com/playlist?list=PLVH9Pz5-HyDBtJSrgG6tbZhhdX1v-6G6E
Spotify: https://open.spotify.com/show/7F0JHBoB5SWvAi12WNmR2e
Apple Podcasts: https://podcasts.apple.com/us/podcast/vyzer-weekly/id1859061480
📅 Join future sessions live:
https://go.vyzer.co/vyzerweeklycalls
Vyzer Weekly Calls are weekly, live conversations designed to help investors think more clearly about risk, private investing, and long-term decision-making.