Boldstart and TechCrunch both highlighted the great work being done by venture investor Lo Toney to bring VC into the 21st century. Plexo Capital, a GV spin-out, wants to become an accelerator for new fund managers, in the vein of Y Combinator. Plexo will help up and coming managers prepare marketing materials, pitch their strategies to LPโs and manage ongoing communications and back-office. Intangible friend Winter Mead is also working on something similar. Look for more on this topic soon!
Being Talked About:
A mysterious, dramatic exit by a NY founder (Slack)
Congrats to Mike C on the launch of Dadz! BIGDADZENERGY for 20% off!
๐๐๐ (explanation) and discussion (Slack)
Who is writing first checks into startups? (Slack)
Attend our next informal Zoom Happy Hour (ping us for an invite)
Check It Out:
Watch: How to raise your first fund (Level.ventures)
Listen: Semil Shah interviews Samir Kaji (MD at First Republic Bank)
Podcast: Tim OโReilly on why VC is broken (Strictly VC)
Tell Founders: DocSend launched a warm intro network
Read: Why Figma Works (Kevin Kwok)
Deals:
A good amount of AL deal-flow this week including: a digital brokerage (AL), off-site construction project management (Conduit), Asian-inspired sparkling water (Morgan), and pet accessories (AL). #pitches
Parting Thought:
To be a great investor (or entrepreneur) you need to put in the the time.


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