Craig, this is an incredible post. Thanks for sharing! Curious to know your take on this: I'm planning on drafting a multi-stage fund model where the later stage investments are not necessarily all "graduations" from Seed but a combination of graduations AND new investments at that stage (say Series A or B). Would you say the most effective work-around is to adjust the current inputs to link the initial check size to each stage rather than Seed only? Thanks!
[No. 1] Understanding Portfolio Construction
This is one of the best-crafted thought pieces on portfolio construction I have come across.
I look forward to more around this topic
Great one here Craig! Really enjoyed it!
Craig, this is an incredible post. Thanks for sharing! Curious to know your take on this: I'm planning on drafting a multi-stage fund model where the later stage investments are not necessarily all "graduations" from Seed but a combination of graduations AND new investments at that stage (say Series A or B). Would you say the most effective work-around is to adjust the current inputs to link the initial check size to each stage rather than Seed only? Thanks!