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3 Free Books on Scaling + $2,000 credit for your portfolio companies via Bolster

The team at Bolster just released a new book, Startup Boards: A Field Guide to Building and Leading an Effective Board of Directors, to complete their trio of books around scaling–previously “Startup CEO” and “Startup CXO”. You can get free copies of all three books and get access to a $2,000 credit for your portfolio companies to use in Bolster by signing up for a free partner account here.

For reference, Bolster helps companies scale their CEOs, executive teams, and boards with an executive talent marketplace, upskilled mentorship (Bolster Prime), and venture capital (Bolster Ventures). They’ve built tools specifically for investors to find exec talent, collaborate with their portfolio on key exec and board searches, and manage their network of executive talent – all at no cost to investors. Reach out directly to micah.mador@bolster.com with questions or to learn more.

For more on how investors can tap executive talent, see How to Win Consulting, Scout, Board, Operating, and Investment Roles with Private Equity and Venture Capital Funds. Our first portfolio company at Versatile VC is Xperiti, which provides direct access to industry experts and expert interview transcripts with super-fast turnaround time, typically 2 business hours. They leverage web-scraping, NLP, and conversational AI. Xperiti has quickly won enterprise clients such as Nomura. Contact sales(@)xperiti.com and mention Versatile VC to get a complimentary trial consultation with an expert (Qualified clients only.)

6/28, Virtual Ask Me Anything: Investing in Startups: Who, What, Why, When, Which, and How?  

I’m participating in a virtual “Ask Me Anything” on Tuesday, June 28, 5 pm to 6 pm ET. You can register via this link.

Our host is Silley Circuits, a NY community for start-ups and businesses in media, data, technology, finance, advertising, fashion, food, retail and more. At their events, they raise funds for Stop Soldier SuicideThe New York Writers’ Hall of Fame, and other charities.

Here’s the ad:

ASK ME ANYTHING WITH DAVID TETEN

The current tech stock bust creates recruiting opportunities for startups due to layoffs; fewer and weakened competitors; attractive valuations for investors and partners; and an inflow of potential founders who have lost their golden handcuffs. David Teten is our guest for an “Ask me Anything”.  He’ll speak very briefly about his background and view on the market, and then take any questions you have.

David has written extensively about best practices in investing and in building tech companies. Check out his Syllabus for how to launch, manage, and invest a VC fund and his Best Practices for Tech Founders. We strongly recommend prepare your questions in advance.

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David Teten is Founder of Versatile Venture Capital. He has particular interest in fintech and sales tech.  He was previously a Managing Partner with HOF Capital and a Partner with ff Venture Capital. Both firms more than 10X’d their AUM during his tenure. He is also Founder of Harvard Business School Alumni Angels of Greater New York, the largest angel group on the East Coast. He has advised such institutional investors as Birch Hill Equity Partners, Goldman Sachs Special Situations Group, Icahn Enterprises, LLR Partners, Real Ventures, Right Side Capital, and Orascom TMT Investments (Sawiris family office).

David is co-founder of PEVCTech, an online community focused on helping private equity and venture capital funds make better investments through technology. He’s also the co-author of To University and Beyond: Launch Your Career in High Gear and The Virtual Handshake: Opening Doors and Closing Deals Online. David holds a Harvard MBA and a Yale BA, both with honors. He writes periodically at teten.com.

Date: Tuesday, June 28.

Time: 5 pm to 6 pm ET (Virtual)

RSVP here

6/23, Boston: Eagle Alpha Alternative Data Conference

We hope you will join PEVCTech at Eagle Alpha’s Alternative Data Conference for Private Markets, June 23, 2022, in Boston.  Keynote speakers include Richard Lichtenstein, Chief Private Equity Data Officer, and Ian Weber, Founder of Pyxis, both of Bain & Co, and panelists from Bain Capital, FTV Capital, FDP, SESAMm, Apptopia and SimilarWeb. ​The event will focus specifically on private markets, including private equity, ​venture capital, corporates (M&A) and consultants.

Our focus is the next big application and expansion of the alternative data industry into growth equity, venture capital, real estate, credit, due diligence for M&A, and value creation. Attendees can schedule one-to-one meetings with carefully selected data vendors that offer strong dataset applications for private markets. 

Date and Time:Thursday, June 23rd, 2022 at 9 a.m. – 5:15 p.m. ET

Location: Convene, One Boston Place, 201 Washington St, Boston MA

Register here.
No cost for qualified attendees.

Please note that we will also be providing an additional conference room for your work, meeting or call needs throughout the day.

About Eagle Alpha

Established in 2012, Eagle Alpha is the pioneer connecting the universe of alternative data. We are the leading alternative data aggregation platform with supporting advisory services for data buyers and data vendors. 

June 20-21, NYC: Beryl Elites Alternative Investments & Innovations Conference

We hope you’ll join PEVCTech and Versatile VC at the Beryl Elites Alternative Investments & Innovations Conference, June 20th – 21st in New York City. Meet 250 attendees and 75+ speakers representing over US $4 trillion in assets. Participants include qualified institutional investors (traditional and digital assets), family offices, HF/PE/VC managers, capital markets & digital assets experts, and data scientists.

Request admission

Our theme: we seek innovation and ways to implement resilient strategies.  Digital assets, big data, machine learning, artificial intelligence and alternative data, are already changing the norm in the alternative investment industry, from both process and talent perspectives. 

Our speakers are executives from the following leading companies: Aetos, Aksia, Alliance Bernstein, Amazon, Angelo & Gordon, Anchorage, APG, Axonic Capital, Baker McKenzie, Balyasny, Barclay’s, Bloomberg, Blockfi, Bank of New York Mellon, Cambridge Associates, Cliffwater, Cicle, Coinbase, Consensys, Copper, Deutsche Bank, Exabel, Falcon-X, Fidelity, Forbes, Franklin Templeton, Galaxy Digital, Goldman Sachs, Google, IBM, Invesco, Investcorp, Jefferies, JP Morgan, LinkedIn/Microsoft, London Stock Exchange, LMAX Group, Man Group, Mercer, Morgan Stanley, Natixis, New York Pension Fund, New York Stock Exchange, Neuberger Berman, Nuveen, One River Digital, Partners Group, Pepsico, PAAMCO Prisma, Point 72, Refinitiv, Robeco, Rockefeller Capital, Russell Investments, Securitize, S&P Global, Skybridge, State Street, Two Sigma, Van Eck, Wilshire Associates, World Gold Alliance, NYC Board of Education Retirement System, Employees Retirement System of Texas.

Beryl provides a limited number of complimentary passes to qualified investors. (The Beryl Consulting Group reserves the right to deny the admission to unqualified registrants).

Request admission

We have released all past panels from our events on our Beryl Elites YouTube Channel and also on the Beryl Knowledge Center. You can view the most recent Summary Trailer that captures all our past conferences as well.

June 16, NYC: Rooftop Happy Hour with PEVCTech & Juniper Square

We hope you will join us at this upcoming event, complimentary for qualified investment funds, family offices,  and investor relations professionals:

We are kicking off summer the right way alongside Juniper Square, with complimentary cocktails & delicious snacks, Thursday, June 16th, 2022, 5:00PM – 8:00PM, in midtown New York City. Learn about the latest in private equity technology. 

RSVP. We have limited available space.

Among the attendees will be: representatives from Afore Capital, RXR, RockFarmer Capital, AWH Capital Partners; Juniper Square East Coast market leaders Melissa Houston Mark McLaughlin & Danny Bloomstine; and more.

Sponsor: Juniper Square is a tech-enabled fund admin and LP portal provider. They work with over 1,300 GPs, including VC funds (Ribbit Capital, GSV Ventures, Haun Ventures, and Sway Ventures) and private equity & real estate funds (Tishman Speyer, Hines, C-III Capital, Greystar, and Civitas).

PEVCTech is a community for investors and technologists responsible for investing in private companies, primarily at private equity and venture capital funds.

UPDATE: The turnout was great! 75 of Juniper Square and PEVCTech guests were in attendance. 

Invitation: events for family offices, women in finance, and emerging managers

We hope you will join us at three upcoming events, all complimentary for qualified attendees:

NYC, April 27: the East Coast Family Office & High Net Worth Individuals Conference, organized by DC Finance. I’ll be leading a discussion among four single family offices on their investment strategy in tech companies.

Virtual, May 11-13, the Womensphere Capital Forum (virtual). I’m co-chairing this program. We’ll discuss advancing women’s leadership in finance and investment, and expanding capital access for women in business. Given I have 3 daughters plus a wife working in finance, this topic is close to my heart. If you are interested in speaking at this event, contact them.

NYC, June 9: Private Equity US Emerging Managers Summit. They are seeking additional speakers with expertise relevant to emerging managers. Contact jemima.vandergaag(@)globalfundmedia.com if interested.

Interview: VC Funds, Limited Partners, and How They Use Technology

Real Vision just posted an interview with Kevin MONSERRAT and David Teten on the use of technology for limited partners, venture capitalists, and founders:

PEVCTech Update

We’ve been dormant during the COVID era, but are now restarting activities. If you have suggestions for events we could partner on with you, please contact us.

I’ve posted recently two videos focused on how private equity and VC investors are using technology to improve returns (or suffering the consequences of not doing so):
How Private Equity and VC Investors Accelerate Portfolio Company Success
Asset Managers, Prepare to Have Your Lunch Eaten 

Especially during the COVID era, the main way to meet people was online. I wrote about How to Find the Right Online Communities.

We posted an updated version of our white paper on VCs Eating our Own Dog Food: Using technology to make better investments.  I also dove deep into An Investor’s Personal Social Media Tech Stack.

Lastly, our friends at AltVia run a podcast and are seeking guests with expertise on how PE/VC investors are using technology. Contact growth(@)altvia.com .

5/26, Virtual: Consumer Behavior Post-COVID: What do the Data Say?

I hope you’ll join us at this HBS Club of NY event on 5/26/21, 6pm (virtual.)

Consumers have changed their spending, saving, and investing behaviors dramatically as a result of the pandemic. Drop leverages a unique view into $40B of real-time spend data and survey capabilities to uncover the what and why. Derrick Fung, CEO of Drop, will discuss what Drop has learned and what their data predicts about:
– Post-COVID consumer behavior
– The impact of the stimulus checks on consumer spend
– Usage of Buy Now Pay Later
– The rise of the retail investor
– Profiles of crypto consumers

Drop is an intelligent rewards platform built on real-time spend data. Users link their debit and credit cards to earn points for shopping at their favorite brands and engaging with surveys, games and contests. Drop’s direct relationship with members enables them to offer investors a safe and ethically sourced way to gain valuable insight into consumer’s spending.

Derrick Fung, CEO of Drop, is an entrepreneur and former foreign exchange trader. He is best known as the founder and CEO of Tunezy, a music company founded in Toronto, Ontario and now based in New York City. Tunezy was acquired in 2013 by SFX Entertainment.

Our moderator: Jeremy Baksht, Chief Growth Officer of Gourmet Growth, a VC backed financial technology platform that offers capital-as-a-service to emerging SMBs. Jeremy previously led alternative data products at Bloomberg as well as co-founding or accelerating 3 FinTech Cos. Jeremy was a vice president at Citi in Global Industrials Investment Banking and is a seed investor at DataFrame Ventures. Jeremy has invested or advised 30+ companies in tech & data analytics.

RSVP

Disclosure: I’m an investor in Drop via both ffVC and HOF Capital.

Jan. 30, 2020, NYC: Data Science in Private Markets

Augvest is the oldest buy-side alternative data community with over 700 members representing 230+ buy-side firms. NB: Augvest events are only open to individuals working on the buy-side.

Their next event’s description:

“While we have thus far seen alternative data work be dominated by hedge funds, as private equity and growth equity firms begin to build out their own data science capabilities, they are discovering a whole new opportunity set – and bringing to market a number of compelling new datasets. Our next Data Science Technology event will feature three short presentations reflecting this trend.

We are excited to feature:

  • Alan Freeman, VP of Data Products at 7Park, will speak about work his firm is doing with exhaust data from several other Vista Equity Partners portfolio companies.
  • Oscar Batori, Head of Product at Liquidata, will present open source technology his firm has developed to make it easier for companies to make their exhaust data available to data buyers.
  • Matt Forrest, Director of Spatial Data Science at Carto, will explore applications of geospatial analytics in private markets. Tim Kiely from American Securities will also share his perspective.

We will be meeting on Thursday, January 30th, from 6 to 8pm. We are pleased to be able to partner with Dyal Capital Partners and Neuberger Berman to organise this event.

RSVP. Mention you were referred by PEVCTech.