![]() ![]() Both products need to have happy customers, so I try to focus most of my energy on how to keep improving these two interlinked but separate facets of the business. On one side, the product of venture capital is a bespoke consultancy offering to its portfolio founders on the other, it is an offering within a crowded asset class, where investors (Limited Partners) need to believe that your firm can make them outsized returns, based on the firm’s track record, access and decision-making. Souls running venture firms probably spend most of their time on hiring and managing a team (>70% of their stress, like any business?), fundraising, and working out how the firm stays differentiated within its peer group. Spencer Crawley, Cofounder and General Partner What is your vertical and what made you specialise in this area?īusiness-building within venture has been my “vertical”. ![]()
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