Mike Pio Roda

Social Study Ventures | Everprime Global Advisors | Creative Capital Advisors

@ the intersection of content, culture & tech

[Endowment Eddie @endowment_eddie]

Let’s talk LP coinvest:

1. Every LP will tell you they want coinvest.

2. Most LPs are clueless to timelines and reputational risk of a broken deal.

3. Most do not have the governance and process to coinvest.

What you should do:

1. Only give coinvest to your large investors and those with proven processes. It’s currency for raising primary capital. Fine for small checks if they move with a quick yes and aren’t a burden.

2. Survey your LPs. Force them into a strike zone and get information on their level of deployment and track record. Is there a dedicated pool of capital? How early will they go? Have they gone as early as they say?

3. Be very clear with timelines. Be clear that a miss/delay will impact future dealflow. Make it clear their miss puts your rep and the firm’s rep on the line.

[Mike Pio Roda @jpioroda]

saying yes to every opportunity means there's no time for the right opportunity.

[Mike Pio Roda @jpioroda]

14 days and been to EWR SIN SHA YVR SFO and JFK airports. The further away from sin, the worst it got....

[Mike Pio Roda @jpioroda]

it's easier to predict the actions of the masses than the actions of a few

[Mike Pio Roda @jpioroda]

ate a bag of chocolate covered espresso beans. wish me luck.

[Mike Pio Roda @jpioroda]

Money moves slow… until it moves all at once.

[Mike Pio Roda @jpioroda]

Agree or disagree: SoHo is Gen Z Times Square?

[Trace Cohen @Trace_Cohen]

Wow https://t.co/DzUejwqZJA is going to put VCs out of business…

[Nichole Wischoff @NWischoff]

Looking for an intern this summer to work directly with me on every aspect of building and scaling a new venture firm. Sourcing and diligence on deals, managing existing portfolio, planning a massive Summit, LP relations, etc. Will be a blast! https://t.co/9qeOr65oqv

[Mike Pio Roda @jpioroda]

Yesterday's price is not today's price

[Bloomberg @business]

L’Oréal has agreed to buy high-end cosmetics brand Aesop to boost its growth potential in China and travel retail https://t.co/AVTtIUhlX7

[Mike Pio Roda @jpioroda]

Walking with a grocer cart @ Trader Joes in NY on a weekend, you can tell its a city of walkers not drivers 😅🤦‍♂️

[Mike Pio Roda @jpioroda]

@joelpalath @heyreena_

[Mike Pio Roda @jpioroda]

Anyone currently at the Sustainable Investment Forum?

[Mike Pio Roda @jpioroda]

When you say 'Z' is it 'zed' or 'zee'?

[Mike Pio Roda @jpioroda]

@Trace_Cohen UWS

[Mike Pio Roda @jpioroda]

Did a pretty bad pitch this morning. Any tips on avoiding going in tilt?

[Mike Pio Roda @jpioroda]

@Trace_Cohen What's worse, those LinkedIn DMs or unsolicited calendar invites? 🤦‍♂️

[Mike Pio Roda @jpioroda]

Wrote my first article in some time. Excuse the rust 😅

When there's doom & gloom, is there safety in entertainment?
https://t.co/KxETwljWrD