[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:
Product Updates
Product Update: Turn Emails Into Insights With Visible AI Inbox
Structured data. The holy grail of business intelligence.
Structured data unlocks a realm of possibilities, from setting benchmarks to enhancing decision-making processes. Yet, in the venture capital landscape, accessing reliable, structured data remains a formidable challenge. This is precisely why we created the Visible AI Inbox.
With unique features like automated metric detection and file parsing, the Visible AI Inbox stands out as a pioneering solution for portfolio monitoring. Discover how it can transform your data strategy by meeting with our team.
Turning email into insights
We believe that investors should spend time sourcing new deals and helping founders, not manually copying and pasting data from email 🙂.
The AI Inbox helps aggregate insights that exist siloed in data, files, and updates across a venture firm. Updates from founders often stay stuck in one team member's inbox because it's too time-consuming to extract and enter the data and files into a more centralized repository. Visible AI Inbox makes this possible within seconds.
Requests + AI Inbox = A Complete Picture
The addition of the AI Inbox continues to advance our market-leading portfolio monitoring solution. The pairing of Requests + the AI Inbox will give investors a holistic view of portfolio company performance across a fund.
Visible continues to be the most founder-friendly tool on the market. We’ll continue to build tools in existing workflows where both founders and investors live every day.
How Does it Work?
Visible AI Inbox works in three simple steps.
Forward emails to a custom AI inbox email address
Visible AI automatically maps data and files to portfolio companies
Investors can review and approve content before it is saved
From there, dashboards, tear sheets, and reports are all automatically updated on Visible.
Learn more about how Visible AI Inbox can streamline workflows at your firm by meeting with our team.
FAQ
Will this be available on all plans?
Visible AI Inbox is only available on certain plans. Get in touch with your dedicated Investor Success Manager if you want to explore adding this to your account.
How is Visible addressing privacy and security with Visible AI Inbox?
No data submitted through the OpenAI API is used to train OpenAI models or improve OpenAI’s service offering.
Visible AI Inbox leverages OpenAI GPT 4 and proprietary prompts to extract data in a structured way and import it into Visible.
If you’re uncomfortable with utilizing OpenAI to optimize your account, you can choose not to utilize this feature. Please feel free to reach out to our team with any further questions.
These processes adhere to the guidelines outlined in Visible’s privacy policy and SOC 2 certification.
Visible AI Inbox Best Practices
We'll be sharing best practices for how investors are leveraging Visible AI Inbox in our bi-weekly newsletter, the Visible Edge. Stay in the loop with best practices and product updates by subscribing below:
Metrics and data
[Webinar] VC Portfolio Data Collection Best Practices
Customer Stories
Case Study: How Moxxie Ventures uses Visible to increase operational efficiency at their VC firm
Operations
How to Start and Operate a Successful SaaS Company