Can Family Offices Disrupt VCs?
Family offices currently allocate 25% of their trillions of dollars under management to PE and venture capital. Now, they're looking to move billions into direct deals. Can Family Offices disrupt VCs?
MIT Professor of Marketing Scott Galloway believes that the fastest way to create a billion dollar company is to build a time machine - a disruptive technology?that take tasks that used to take hours or days and compress them into minutes, or seconds.? I think he's right...
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Melbourne Angel Investor Thinker of Different Pragmatist Master of Sarcasm & Cynicism
1 年Doesn't it all come back to quality of deal flow ? Founders of promising start-ups are looking for the "right" partners, and good terms, and I'd suggest that FO's can supply all of that, and more, given that all returns flow to them, they don't have the same end of fund time pressures to deliver returns, and are more likely to be more "hands off" and patient with their investments. My 2c worth ....
?????? CFO & Investor | Helping entrepreneurs create impact and wealth ??
1 年Depends if they can hire a VC with a proven track record throughout an economic cyle and multiple funds. Then the question is - why would this VC want to leave their fund? Thoughts? Arthur Nobel
Angel Squad Member @Hustle Fund, Venture Scout Partner @Lvlup Ventures, 2x Founder. Talks about #startups #venturecapital #dealflows #sourcing #diligence #portfoliosupportcompanies #fundraising
1 年Incredible stuff. In fact, Eric Bahn was discussing on a lunch break at Angel Squad, how Family Offices are moving to Singapore from China and deploying funds into tech and other time machines.
GP at Sunset VC | Founder at Emerging LA | GenAI Collective's Head of LA | Board Member at Toigo, MLT, & LA Library Foundation
1 年Great write up John!!! I’d imagine it’ll be a lot of FOs LPing into funds and doing direct deals along side or from those underlying portfolio companies as they graduate. I’d personally go that route and lean in closely to GPs to get a sense of which might be looking like breakouts!