TheParFund

Eliminating barriers to funding for #underrepresentedfounders (BIPoC, women). Ecosystem builder. Nonprofit on purpose. Founders are @KelloggSchool alumni.

[TheParFund @fund_par]

Good info on how VCs look at TAM

[Henri Pierre-Jacques @hpierrejacques]

🧵 How do I calculate Total Addressable Market (TAM)?

A key question VCs must answer to determine the penetration needed to reach a certain level of revenue to return the fund

Many do a top down approach, when a bottoms up approach is needed

Analysis 👉🏽 https://t.co/Hs7iGv733E

[TheParFund @fund_par]

https://t.co/eGzX6d2V9k

@christinaperla_ @daracook @BritFitzpatrick @WeSolv

[Jarrid Tingle @jarridvtingle]

It feels like the Seed VC market is coming back.

Spoke to several strong founders this week and some had oversubscribed rounds.

[TheParFund @fund_par]

@justingordon212 Multiyear deal with price ramps. Gives the client an opportunity to get in at an intro price point but with upside for the founder.

[Nicole DeTommaso 🪄 @nic_detommaso]

VC investors - what’s one unique question you like to ask founders?

[TheParFund @fund_par]

@BrianBrackeen said it best

[Brian Brackeen @BrianBrackeen]

** FOUNDER TIP **

Don’t make vanity hires. Don’t make big corporation hires. Don’t make “I just want to do strategy.” hires. Don’t make “I can code a little, but I’ll mostly manage the engineers.” hires. Don’t make “I’m best with a sales team behind me.” hires.

Hire DOERS. 🚀

[TheParFund @fund_par]

Founders.... if you've raised capital, name the top 2 reasons that funders give you for saying "yes" #underrepresentedentrepreneurs #equitablefunding

[Greyson Myers @grey_son7]

Welcome to the United States. Where guns have more rights than women

[Veronica_Reaves-Parks @VeronicaRinVC]

Founders! Excited to see you for our first ever Consumer X Culture Collective conference! Join now!

[TheParFund @fund_par]

@justingordon212 The #underrepresentedfounders we work with always mention finding diverse talent to round out their leadership teams.

[TheParFund @fund_par]

Share with your networks. We know the folks at @fifthstarfunds and they are all a bunch of rockstars!

[Fifth Star Funds @fifthstarfunds]

Fifth Star is hiring a full-time Venture Associate to join our team! The role offers an exciting opportunity to break into the venture ecosystem and support Chicago's Black tech founders. Applicants from all backgrounds are encouraged to apply: https://t.co/jqzhzccnAW

[TheParFund @fund_par]

Super excited for @lolitataub and her successful launch of @ganasvc!!!! Hope to partner in the future!

[All Raise @AllRaise]

Major congrats to @lolitataub for officially launching her fund, @ganasvc!

She continues to champion and invest in community-building missions and has already raised $1.2 million, so yeah, she’s pretty 🔥.

[TheParFund @fund_par]

Interested in #changingthenarrative for #underestimatedfounders? Support the PAR Fund and its effort to create equity and access for #underrepresentedentrepreneurs https://t.co/je5u1qs2xY

[TheParFund @fund_par]

Meet @TessaFlippin, CEO and Founder of @CapitalizeVC . In our PAR Fund spotlight, she shares some of her thoughts around what drives her, the meaning of WHM and advice for future #womenfunders.

https://t.co/MC9XIpoVtV

[Gale Wilkinson @VITALIZE @galeforceVC]

I’ve heard some founders say things are moving slower with VCs and due diligence, and some LPs are saying they over deployed last year and are waiting until 2023 to step back to the plate. Curious to hear other takes.

[Capitalize VC @CapitalizeVC]

37 Black investors changing the VC industry with firms dedicated to funding diverse startup founders! We're excited to be included alongside @HarlemCapital @collab_capital @betaboom @Backstage_Cap @OverlookedVC @sixty8capital @lightshipcap among others.

https://t.co/OvYNU4G6NS

[TheParFund @fund_par]

QQ. Are #underrepresented #startups facing higher recurring revenue thresholds in conversations with VCs? We've heard this a few times and wanted to get a pulse on what others are seeing.

[Lolita Taub @lolitataub]

💰 LPs: below are reasons why it makes sense to invest in diverse fund managers.

🧐If the VC partners are all from the same school: 11% lower VC performance
🤔If the partners all have the same ethnicity: around 30% lower performance
😬If they are all men: 20% lower performance

[TheParFund @fund_par]

@lolitataub This is incredible! Thanks for creating this!

[TheParFund @fund_par]

@lolitataub @fund_par can also help support making sure that #womenfounders are #ventureready

[Lolita Taub @lolitataub]

🤔 Asking for an emerging manager: what are the premier emerging manager communities, where GPs share insights, best practices, templates, etc.?