Patient Sortal’s Post

New Ep! Winter Mead of Coolwater Capital stops by to talk Demystifying VC Fundraising by building an incubator model for emerging managers. Here he breaks down the progression from OpenLP to his book, How To Raise A Venture Capital Fund, and now finally how to execute with an incubator at Coolwater. Also John Ruffolo and Matt Cohen are back talking news! Listen at tanktalks.substack.com

Fun chat with Winter Mead from Coolwater Capital discussing the ins and outs of running a VC fund. Check out the full episode below ⬇️

👀 Check out a quick snippet of our most recent guest, Leshika Samarasinghe of Twine Ventures, sharing her thoughts on the VC community & the support she received while raising her fund. #vccommunity #vcsinvests

Raising a venture fund? Understand the LP dynamics. Limited Partners (LPs) are selective, prioritizing re-ups with existing managers, especially in tough times. For funds less than $10M, angel investors, homeowners, or professionals like dentists can be ideal LPs. For funds north of $10M, focus on family offices and institutions. Building connections is key—host intimate dinners or events to meet potential LPs and leverage introductions. Remember, venture capital is an access class, not just an asset class. #VentureCapital #Fundraising #LimitedPartners #Investing - David Zhou

📢Let's Talk Venture Capitalists 📢 Did you know that most funds raised with a VC is based on the valuation of a company? Did you also know that the money raised doesn't add to the value of the Founder(s) pockets? Did you know that most Founder(s) have little to no money while chucks of funds are being raised? 💯 FACTS: Looking Rich in media format and dollars does not EQUATE to being rich. The Personal and Business Financials will always show the true picture of how much money is being kept and spent. Most Owners and Founders alike sell parts or all of their companies only to stay on board to try an recoup the funds in which they were promised, BUT THIS IS ALL BASED ON THE DEAL.💰 Want to know how to avoid this and stay ahead? Let's Talk. I can't wait to work with you, Omelia

One of the standout investors in the Midwest that I have the pleasure of calling my friend also happens to be at the helm of the top performing early-stage venture fund (2015 vintage) - 🙌🏽 Dan Conner, CFA, FSA. For anyone that wants insights into the person Dan is and his approach to investing, please watch or listen to the latest episode of DrinksWithAVC > https://lnkd.in/gHRpAjJx Here's to building a dynasty of top performing funds out of St. Louis, Dan and Yinka Faleti, J.D.!!!

My response to this post was: So, tell us what these executives actually said at this conference about private equity in the hospice space? Healthcare professional Jason Hotchkiss, responded to my question and said: “These business professionals in the photo stated that HOSPICE is a better INVESTMENT than other options.” “Which is why private-equity firms (among other investor platforms) are derailing the hospice movement.” Hospice care, general medical care, and nursing homes should not be plundered for wealth generation by the “strategics.” Financial strategies help companies achieve profitability. But, I want to understand why so many professionals in the hospice space are not fighting back against this unethical and immoral arrangement = investors using the dying as products for wealth generation. WHY should this type of exploitation be a good thing for patients, their families, and staff? And, we will have a large and long supply train for investors to capitalize as millions of people are reaching the end of their lives. What kind of experience can the dying expect? These firms and others were at the conference: Edgemont Partners, a healthcare investment bank; Stoneridge Partners, a healthcare brokerage firm specializing in homecare and hospice markets, among others; and seated on the panel was David De Gumbia who is the Chief Development Officer of Compassus Hospice. The owners of Compassus had a connection with the company I worked for—Hospice Advantage. In 2012, HA sold to Sentinel Capital Partners. Then, in 2015, the Sentinel Company Investors sold HA (their portfolio company) to Compassus. At that time, Compassus was a portfolio company of Formation Capital & Audax Group. Subsequently, in 2019, Towerbrook Capital Partners L.P. TCP) and Catholic health system, Ascension bought Compassus. Compassus is valued at “north of $1 billion.” And, the peak value of TCP in 2023 was $1.1 billion. We begin to realize how large the profit-margins have become for these strategics, so it’s clear why families struggle to handle the care of dying at-home. It is designed for families to do 80% of the work and the hospice company makes around $200 per patient, per day. They do not have to show up daily to collect the check. These billion-dollar companies whine that the rate isn’t higher. Tax payers are basically paying these investors to get rich (through CMS). It’s highway robbery. I can understand why these executives see hospice as an attractive option. I know; all of the M&As are confusing. But MONEY MAKES THE WORLD GO ‘ROUND (Fred Ebb/Cabaret). If you want a more leisurely read about all of this strategic chaos amidst money-making, order my Amazon Bestselling book: “Surviving Hospice: A Chaplain’s Journey Into the Business of Dying.” Published by Manhattan Book Group in NYC. www.hospicehelppro.com. #edgemontpartners #stoneridgepartners #sentinelcapitalpartners #towerbrookcapitalpartners #formationcapital #audaxgroup #hospiceadvantage

Tried to spill some 'investor secrets' 🕵♂️ to make raising funds for your startup easier! @ the mainstage of Autonomy World Expo in Paris last week. Had a great time discussing what VC investors look for in different funding stages plus do's and don't when raising funds with Avi Feldman Matthias Schanze and Raül Feliu Pèlach. 4 VC investors 4 different stages we focus on 4 different investment regions ...hopefully more than 4 insights. 😉 Link to the full video in the comments - hope some of these tips make raising easier but at the very least we are making the venture capital world at little more transparent! And when raising funds, don't forget to reach out to us at No Such Ventures 😊

🌟 Transform Venture Capital with Us at 'Let's Talk Venture' 🌟 VC Lab has accelerated 477 funds globally and supports top-performing new and emerging managers through Decile Partners. Join us to clarify all your questions, explore how we empower fund managers with the principles of the Mensarius Oath and navigate the complexities of the VC industry. 📅 Event Details: Get the insights you need to launch or scale your venture fund effectively. Don't miss out on practical tips and how to accelerate your fundraising. Join our mission to make venture capital a force for good. See you there! #VentureCapital #VC #EthicalInvesting #VCLab

I had the pleasure of meeting with Ben from Archangel as part of our 100 Coffee Challenge. While there was no coffee this time, Roselle and Joe have confirmed that this still counts! I had a great conversation with Ben about the challenges of running a Venture Fund. Learning how Archangel evolved from an angel syndicate to its current form was fascinating. What stood out to me was Ben's awesome sense of responsibility in shepherding the capital entrusted to him. *Key takeaways from our conversation: - Develop a product that inspires confidence in your LPs. - A solid track record and the ability to demonstrate value growth are crucial. - Make the most of what you have. While massive exits are rare, it's essential to highlight the value you’ve created.