Sydecar

Ever wondered how social media can shape investor relationships? Cindy Bi and Rob Lusk discussed this in a past Sydecar Session. Cindy shares how her active presence on Twitter helps her LPs feel connected, even without direct communication. Check out the clip below 👇

Join us tomorrow, July 9, for the "Sourcing Limited Partners" webinar with nextNYC and Sydecar. Learn from industry leaders on how to find and secure LPs for your venture fund, syndicate, or SPV. Meet the panel: Charlie O'Donnell: Veteran VC with a wealth of experience from top NYC firms. Ali Hamed: Co-founder of Crossbeam and CoVenture, managing $2.5 billion in investments. Halle Kaplan-Allen: Sydecar’s Director of Growth, moderating the discussion. Don't miss out—register now: https://lnkd.in/eJU85DC5

Nobody can deny the immense dedication required to succeed in venture investing. In a recent webinar with Venture5 Media, we explored what LPs expect from future GPs. The key takeaway: Experience and a compelling story matter most. As Marius Weber, Founding Partner at AlphaQ Venture Capital states in the clip below, "We want to see experience and a story that needs to make sense to us. Having done a couple of angel tickets and now raising a $50M fund for writing $1M plus checks is a red flag for us." LPs need to understand why a future GP is committed to this path. It's not just about numbers; it's about the long, challenging journey ahead. It takes around 8 years to stand out as a successful GP, a period filled with hard work and perseverance. 🔍 What LPs Look For: -Experience in investing: A few angel investments aren't enough. A track record of thoughtful and strategic investments is key. -Network and story: Your journey must be compelling and make sense to LPs. They want to know why you’re driven to succeed in this field. -Preparedness for the long haul: LPs know the path is challenging. They want to see GPs ready to endure the ups and downs, much like a founder's journey. Building trust with LPs takes time and a strong narrative. Stay focused, be transparent, and let your experience and passion shine through. Your journey as a GP is a marathon, not a sprint.

We’re excited to announce that Sydecar has now surpassed $1 billion in assets under administration (AUA)! Below is a snapshot of our progress. This milestone is more than a financial achievement – it represents a shift towards a more standardized, transparent, and efficient approach to private investing. Reaching $1 billion in AUA highlights the trust and confidence that fund managers and investors have in our platform. It’s a testament to our ability to scale and meet the evolving needs of the venture capital ecosystem. By pioneering a product-driven approach, we've established industry standards that simplify investment processes and enhance accessibility. As we celebrate this milestone, we're also advancing our mission to improve transparency, efficiency, and liquidity in private markets. Our tools and platforms are breaking down barriers by automating back-office operations for emerging managers, enabling them to focus on securing high-potential deals. Read more about what this achievement means for Sydecar and the venture ecosystem on our blog here: https://lnkd.in/ePQP-J-f

Next Tuesday, July 9, unlock the secrets to successful fundraising with insights from industry experts at our webinar, "Sourcing Limited Partners," presented by nextNYC and Sydecar. Fundraising for a venture fund, syndicate, or SPV is challenging. LPs aren't actively seeking you out, and they vary widely in their investment preferences and strategies. Join us as our experienced panelists share their tips on filling your pipeline with high-quality LP leads: -Charlie O'Donnell: With a 20-year career spanning top NYC firms like Union Square Ventures, First Round Capital, and Brooklyn Bridge Ventures, Charlie now coaches emerging GPs and rising VC professionals. -Ali Hamed: Co-founder and partner at Crossbeam and CoVenture, Ali brings a wealth of experience in firm management and capital raising, managing $2.5 billion across technology-enabled businesses. -Halle Kaplan-Allen: Sydecar's Director of Growth, Halle will guide the discussion with her deep understanding of venture fundraising dynamics. Register today: https://lnkd.in/eJU85DC5

i feel like i'm posting one of these every few weeks at this point, but Sydecar is HIRIN'! especially excited to share that we're looking for three new members of our revenue team. come join the best squad! Sr. Tax Manager: https://lnkd.in/geazPs54 Sr. Account Executive: https://lnkd.in/gT2BmFbG Revenue Operations Manager: https://lnkd.in/gse6PpmM BDR: https://lnkd.in/g7V2WSvT

We’ve updated our popular article on secondary transactions to reflect the latest trends in the market. With rising interest rates and declining market sentiment causing valuations to drop, the IPO market tightening, and M&A activity slowing down, liquidity is drying up. This has led to a significant increase in secondary transactions. In our updated guide, you’ll learn about: -What a secondary transaction is -A brief history of secondaries -The different types of secondaries (there are many) -The benefits of secondaries for emerging fund managers and syndicate leads A big thank you to Max H., CEO of Ticker Markets, for his valuable input in helping us update this guide. Max is an expert in secondary transactions, as Ticker aims to support liquidity solutions through the fund life cycle, connecting the secondary market to allow for lower mid-market individuals and family offices to access the growing pool of committed secondary capital. Read the updated article here: https://lnkd.in/eFsYTMZU

Check out Sydecar in Times Square 🗽 A big thank you to Ramp for featuring us on a digital billboard. Ramp has been a fantastic partner, helping us streamline our expense management processes. This recognition highlights our dedication to building the infrastructure that powers private markets. We’re excited to see our name in the spotlight and grateful for our partners' ongoing support. We look forward to continuing to partner with Ramp!

On Thursday, June 20, IIE.VC hosted the LP & Emerging Manager Summit in collaboration with our partners at Nasdaq Entrepreneurial Center. We brought together over 100 LPs, GPs, state & federal government leaders, and VC ecosystem partners at the Nasdaq Entrepreneurial Center in San Francisco to discuss the future of venture capital, highlighting the critical role of public policy in the U.S. VC industry. Thank you to Sydecar, Andrew Brown of Nakama, Wilson Sonsini Goodrich & Rosati and KPMG US for supporting the Summit. ☀️ Institutional LPs Susie Lee from W.K. Kellogg Foundation, Kelli Fontaine Cendana Capital, and Lisha Bell PayPal Economic Opportunity Fund shared their work investing in emerging fund managers. 🙌 Our Keynote Speaker Seema Hingorani, Managing Director, Morgan Stanley Investment Management; Founder & Chair, Girls Who Invest told her journey from Chief Investment Office of New York City to ensuring more women are represented as investors and allocators. 🌟 Troy Cosey, Head of Platform, Kapor Center Investments and venture investors Christa Williams Cherryrock Capital, Mahrinah Lavi Shije, MBA, Manan M. Unshackled Ventures, and Barry Givens Collab Capital encouraged us all to focus, ignore distractions, and choose curiosity instead of fear. 🏛 State VC leaders Shrina Kurani of IBank California, Aurelia Flores Virginia Innovation Partnership Corporation and Karl Fooks U.S. Department of Treasury shared more about their work investing in VC funds through the Treasury SSBCI program, more info here: https://lnkd.in/gbZH-Jxt It was great seeing my longtime friends and collaborators Maryam Haque Venture Forward, Courtney Russell McCrea, Beto Pallares, Jessica Karr, Carmen Palafox, Alexandre Lazarow, Eric Cromwell. And a special shout out to our organizers Jessica Straus Fuchs, chris trinetti, Calvin Cooper, Marin Ping, Celena Aponte, Nicola Corzine, Teleange' Thomas

"No one said it would be easy, and frankly, I don't believe it should be. I focus on finding LPs that fit for me, and how can I find those outside the beaten path who believe in me and my vision." -- Daniel Dart, Rockyard Ventures on the rigor of fundraising Daniel reminds us that the path of an emerging manager is not meant to be easy—it's a testament to perseverance and strategic thinking. In this spirit, Sydecar, together with nextNYC, is offering a crucial tool to help you refine your strategy and perseverance: a chance to win a two-session VC coaching package with Charlie O'Donnell of Brooklyn Bridge Ventures. Charlie’s extensive experience and dedication to inclusive investing make him an invaluable mentor for those navigating the complex venture landscape. This giveaway is an opportunity to align your vision with the right partners and enhance your fundraising strategy. Don’t miss out on this chance to accelerate your growth with expert coaching. Learn more and apply here: https://lnkd.in/eDBY_Vif