Sublime

The best example of this alternative product is Indie.VC, run by Bryce Roberts. Over the course of 6 years, Indie invested in 40 companies. It held the two key components of limited fund size and gave equity optionality through redemption clauses or equity buybacks. The results are encouraging, with a 51% IRR and 4.3x TVPI, while 87% of the compani... See more

While the majority of the broader venture market is still dominated by large traditional firms we're seeing more changes in the space than ever before. Celebrities are not only active angels but they're building firms whether its The Chainsmokers or Serena Williams. Angel investing has exploded past $25B in capital invested and you're seeing a broa... See more

The vision, launching publicly for the first time today, is Coalition, a fund and operator network designed to increase diversity on cap tables and help founders access some of the top minds in tech.The fund is a $12.5 million investment vehicle with investors including the founders of Zola, Box, Glossier, Chief and Solv; as well as senior executiv... See more

More firms are incubating companies as early-stage valuations rise. A few successes: • Snowflake ($49B mrkt cap) by Sutter Hill Ventures • Affirm ($6B mrkt cap) by HVF Labs • Hims & Hers ($1.3B mrkt cap) by Atomic Our latest Signature Block essay is on venture studios...