25 min listen
Decoding VC Collective: Impact on VC Landscape
FromVenture Capital
ratings:
Length:
15 minutes
Released:
Jul 6, 2023
Format:
Podcast episode
Description
In today's episode Jon and Peter talk about the effect of VC Collective on VC Landscape
What is a VC collective?
Examples:
Curql Collective - Met Nick Evens at Fintech MeetUp
$90 million in capital deployed
Reach over 100 Credit Unions, Credit Union Service Organizations, and League limited partners
Black Dragon Capital with Benson Porter & Louis Hernandez Jr.
$80M USD assets under current management
Partners come from -
Former CEO of Credit Union National Association
Former CEO of Boeing Employees’ Credit Union
Black Dragon is launching a credit union and CUSO (credit union service organization - credit union owned) LP fund….a credit union LP fund
Chase and Wells Fargo have their own venture arms. How are collectives formed by smaller banks and credit unions changing the VC space?
If VC Collectives have strong ties, how does this affect traditional VCs?
Is co-investing between traditional VCs and collectives important?
What industries are forming their own VC Collectives?
Sources
https://www.curql.com/
https://www.prnewswire.com/news-releases/black-dragon-capital-names-benson-porter-former-ceo-of-becu-and-first-tech-credit-union-as-executive-advisor-to-focus-on-technology-investing-that-benefits-credit-unions-301750829.html
https://www.americanbanker.com/list/6-venture-funds-connecting-banks-and-credit-unions-with-fintechs
Whats is your take? We read and respond to all of our comments and messages on Instagram, and LinkedIn. Come find us and join the conversation.Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/
What is a VC collective?
Examples:
Curql Collective - Met Nick Evens at Fintech MeetUp
$90 million in capital deployed
Reach over 100 Credit Unions, Credit Union Service Organizations, and League limited partners
Black Dragon Capital with Benson Porter & Louis Hernandez Jr.
$80M USD assets under current management
Partners come from -
Former CEO of Credit Union National Association
Former CEO of Boeing Employees’ Credit Union
Black Dragon is launching a credit union and CUSO (credit union service organization - credit union owned) LP fund….a credit union LP fund
Chase and Wells Fargo have their own venture arms. How are collectives formed by smaller banks and credit unions changing the VC space?
If VC Collectives have strong ties, how does this affect traditional VCs?
Is co-investing between traditional VCs and collectives important?
What industries are forming their own VC Collectives?
Sources
https://www.curql.com/
https://www.prnewswire.com/news-releases/black-dragon-capital-names-benson-porter-former-ceo-of-becu-and-first-tech-credit-union-as-executive-advisor-to-focus-on-technology-investing-that-benefits-credit-unions-301750829.html
https://www.americanbanker.com/list/6-venture-funds-connecting-banks-and-credit-unions-with-fintechs
Whats is your take? We read and respond to all of our comments and messages on Instagram, and LinkedIn. Come find us and join the conversation.Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/
Released:
Jul 6, 2023
Format:
Podcast episode
Titles in the series (81)
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