“Cracking the Code: LPs in a Downturn Economy”
Emerging fund managers have had a tough time these past few years, and there is no telling when it will get better.
Her firm just closed a $23.4 million Fund II after two years of fundraising.
Wilkinson has no plans to raise a third fund anytime soon but has some advice for those who are, given the looming uncertainty in the venture market.
After 300 conversations with institutional LPs, I had an aha moment in which I realized that I did not want to primarily work with institutions in the future.
Individual investors are very different from institutional investors in all the right ways, in my opinion.
