Seraf Investor Compass

In Part I, we covered Series LLCs and the core documents. In this article, we’ll turn to the regulatory frameworks.

With the right team and frameworks in place fund managers can bring operations in-house. In this three-part blog series, we’ll cover how you can do that, focusing on the key operational, legal, and accounting considerations. This first installment focuses on the...

In Part 1, we introduced SMB acquisition investing as an emerging, cash-flow-driven, private asset class that offers a risk-return profile distinct from early-stage venture capital, making it a potentially attractive tool for portfolio diversification. Now, we turn to...

SMB acquisition investing focuses on purchasing established companies with a proven business model, existing revenue, and reliable cash flow.

After a year or two down the path of building a diversified portfolio of angel investments, many individual angels are faced with some uncertainty about their path forward. The questions on many experienced angels’ minds are “Will I make a good enough return on my...

  Join Seraf for an insightful webinar on Women in Venture Capital, where we will explore the growing impact of women in the VC industry.

Entrepreneurs seeking to engage with investors usually offer up written materials. Usually they offer whatever they have on hand. Smart investors should insist on a crisp “one-pager” executive summary. They are kind of a hassle to create, and that is exactly the...

I hate to say this, but some startup boards end up having to deal with bad behavior from directors. What happens when board dynamics don’t seem to be going all that well? I’ve adopted the phrase “hacking the board” to reflect the fact that when it comes to early...

Before we dive into the details on how the economics work on an early stage venture fund, let’s cut right to the chase. Running an early stage venture fund is not an easy way to get rich quick. In fact, it’s probably the most amount of work for the least amount of...

Designed for quarterly reviews, it helps you track company performance, spot red flags, and identify follow-on opportunities.