Curriculum
Venture capital and fund operations
How venture money, funds and companies fit together, from the first check to the final distribution. Listen first; read along when you want to.
- 1.Why risk capital has a job7:38FreeSee why some young companies use venture capital, how that bargain differs from customer revenue and debt, and why growth potential is not the same as business quality.
- 2.From commitment to distribution7:24Follow money through a venture fund and separate an investor's promise, a capital request, an actual payment, operating fees, profit sharing, and distributions.
- 3.Ownership after the financing7:37Make shares, dilution, valuation, options, preferred rights, and future equity concrete through a new financing at Cistern Works.
- 4.People, systems, and proof8:37Place founders, directors, administrators, auditors, lawyers, record systems, portals, and AI helpers in the right jobs before trying to automate the fund.
- 5.Keep each entity's money separate7:21Trace ownership and cash across a manager, a fund, a co-investment vehicle, and portfolio companies without blending their accounts or results.
- 6.Move a deal through evidence gates7:56Follow Juniper Loop Materials from introduction through triage, diligence, proposed terms, and closing while keeping counts and access claims honest.
- 7.Protect attention with clear decisions7:20Use qualification, focused meetings, deliberate exceptions, and clear authority to give founders timely answers without filling the calendar with avoidable calls.
- 8.Read company metrics with their labels8:41Use Copper Kite Cooling to separate revenue, cash, profit measures, recurring metrics, plans, revisions, burn, and runway without flattening them into one story.
- 9.Read the fund's own records8:57Move from company performance to the fund's workbook, holdings, investor accounts, tax documents, and return measures, then reconcile every summary to support.
- 10.Let the documents define the rights8:06Connect current corporate documents to ownership, voting, valuation, and sale proceeds so percentages never stand in for the rights a security actually carries.
- 11.Publish a report that can be replayed7:52Turn changing company evidence into an investor update whose dates, revisions, claims, and final source versions remain traceable after publication.
- 12.Make AI show its work9:13Design a vendor-neutral AI workflow that narrows sources, extracts facts, checks claims, reports access limits, preserves provenance, and stops at the right authority boundary.