Hashgraph Fund

New VCs aren’t 💀 as a venture investor @ a top 10 asset manager, I’ve seen the absolute rips that can take place in first time funds. Some of the best performing first-time VC funds in history have a few things in common. 1. Thematically driven partners 2. A contrarian view of the world 3. Small fund (its substantially easier to 10x a $20m fund than a $100m or $1b) 4. Concentrated portfolio Some of the best in my lifetime👇 @Lowercase I | Fund: $8.5m 💰Return: ~250x ($2bn + in proceeds) Winners: Uber, Instagram & Twitter —— @K9Ventures I | Fund: $6mn 💰Return: 100x ($600mn+ in proceeds) Winners: Twilio, Lyft & Carta —— @firstround I Fund Size: $6m 💰Return: 40x ($240mn+ in proceeds) Winners: Roblox Mucker Capital fund I | 27x return Winners: Honey —— @Initialized fund I | $7m fund 55x return @alexisohanian Winners: Instacart, Coinbase & Rippling —— @multicoin Fund I | $15m (huge return) Winners: Solana, Helium @paradigm Fund I | $100m+ (huge return) Winners: key liquid positions SNR Fund I | $6m (huge win) Up next? @_Frictionless_ Fund I 2023 | by @LoganJastremski @SolanaLegend @archetypevc Fund I by @ashegan @DannySursock