1/ As it approaches my fifth year as an LP, with most of that time spent supporting first time & emerging fund managers via the ECF programme, I looked into the most common reasons why I didn’t progress with VC proposals 👇 #VentureCapital 2/ Team – Typically, sticking points are focused on an incomplete or under-resourced team for the step up to managing institutional LP capital, where there isn’t a relevant history of working together, or there is too much key person risk (we do not back solo GPs).