[Webinar Recording] Lessons learned from raising Fund II with Gale Wilkinson from VITALIZE
Belle Raab
"The most successful fund managers are going to be the ones who are really authentic to what is important to them and they make sure every attribute of their model reflects that authenticity." - Gale Wilkinson
About the Webinar
Markdowns and lack of LP distributions resulted in a challenging fundraising year for many VCs. The firms that did close new funds in 2023 had to put in extra work to stand out and foster confidence from new investors.
Visible had the pleasure of hosting Gale Wilkinson from VITALIZE Venture Capital on Tuesday, January 30th to discuss what she learned while closing her second fund in Q4 of 2023.
You can view the webinar recording below.
Webinar topics
This webinar was designed for people working in Venture Capital who want to learn more about the VC fundraising process.
Webinar topics included:
- Overview of VITALIZE's fundraising process
- Pre-fundraising activities that made a difference
- How LP diligence differed between Fund I and Fund II
- How Gale leverages social media to build both her personal and professional brand
- Reviewing VITALIZE's fundraising pitch deck
- Advice for GP's raising in 2024
You can view the presentation deck here.
Key Takeaways
- Expect raising your first and second fund to take 2-3 years
- Stay authentic to what's most important to you as a fund manager and what you're great at. Make sure every attribute of that model reflects your authenticity.
- Most GP decks are too long. Gale's advice --> Find out what about your story is most interesting and give enough information to make it extremely clear about who you are and what you do without going into confidential information.
View more categories:
You may also enjoy:
Customer Stories
Building Trust and Vulnerability in Business with Max Yoder
On the fourth episode of the Thrive Through Connection Podcast, we welcome Max Yoder, the Founder of Lessonly and author of Do Better Work. Lessonly was an Indianapolis-based company that grew to over 300 employees and $30 million in annual recurring revenue before being acquired by Seismic in 2021. Max joins us to share the lessons he learned from scaling Lessonly and writing Do Better Work.
About Max
In addition to growing Lessonly to 300+ employees and leading it through a successful exit, Max became known for his thoughtful approach to leadership, insights he captured in his book, Do Better Work. He’s had a front-row seat to the highs, lows, and daily challenges that startup founders and leaders face. In this episode, Max breaks down the countless relationships that shaped both Lessonly and Do Better Work.
Mike, the CEO and Founder of Visible, had an opportunity to sit down and chat with Max. You can give the full episode a listen below:
Spotify Link
Apple Link
What You Can Expect to Learn from Max
How the mission and vision for Lessonly came to life
How mentors helped shape decision-making and strategy in the early days
The advantages of having a strong network
What it means to lead with vulnerability
The importance of aligning with investors and partners
Stay up to date with the Thrive Through Connection Podcast by subscribing wherever you listen to your podcast. You can find links to your favorite podcast hosts below:
YouTube
Spotify
Apple
Fundraising
Finding the Right Investors with Laurel Hess
Reporting
Navigating Investor Relationships with Brett Brohl
Fundraising
Going From Operator to Funder with Leo Polovets