Currently investing from our 7BC Venture Capital Fund IV after having made over 100 VC investments. Co-invested with many of the top VCs based on relationships going back over 20 years. Accredited investors may invest in our VC fund on Angel List and ~ or join our Angel List Syndicate to co-invest with us on a deal-by-deal basis.

We plan on offering SPV syndicates on Angel List providing access to occasionally co-invest with our latest Fund IV when there is available inventory in the round, time to run a Syndicate and the CEO agrees for us to run a Syndicate on Angel List. These investments from our fund typically range from Seed to Series B rounds. We also plan to continue to invest in our winners via our Syndicate offering our members a range of mid to late-stage and final investment rounds into our Fund I, Fund II, Fund III, and Fund IV companies in Series C, D, E, and right up to final investment rounds before an exit. We are actively making new investments and seeking deal flow that has a min of $100k MRR for Late Seed to Series A & B investments. We expect to offer our Syndicate access to late-stage SPVs getting directly on the cap table via both primaries and secondaries. When we make raw seed deals we seek to be the very first investor but we already know that founder from her previous VC-backed startup that had a solid exit.

Most VCs consider 3x or 4x to be a great result. Our funds are expected to make over a 10x cash-on-cash return with options for early liquidity via our SPVs.

Track Record:

Fund I has a TVPI of 4.11x, IRR 33% and expects a better final cash on cash return, but only time will tell.
Fund II TVPI of 4.45x, IRR 60% and and expects a better final cash on cash return.
Fund III and IV are already up in value 20-30%. Still waiting for most startups in this vintage to raise their next round at a higher valuation. We deployed much of the fund over the last 12 months and just completed a new investment last week. Over 90% of our startups historically raise the next funding round with a major VC at a higher valuation.

7BC Fund Deck: https://docsend.com/view/yzk4r6k.

Key highlights:

Top track record in top decile of US VC fund performance.
Sector focus: Technology startups that underpin the digital economy leveraging AI, automation, data, digitizing large industries to become high revenue growth profitable businesses in large markets with unique technology as well as rapid revenue growth consumer companies with strong CAC:payback traction.
A string of home runs: In recent months our portfolio has had great fundraising success with Superhuman raising a $75m round led by IVP, Super Coffee closed a $106m round led by Durable, Nylas raising $120m led by Tiger Global, Daily Harvest raised $77m at a $1.1bn valuation, EasyKnock closed $57m on a $307m post and NexHealth closed a $125m round becoming our latest unicorn. We invested initially in these companies at relatively low valuations such as $8m to $30m for the above.
Co-invest with top VCs: We have co-invested with many top VC firms, angel groups, angels and celebrities including Sequoia, a16z, Benchmark, Bessemer, Battery, NEA, Menlo Ventures, Sierra Ventures, Foundation Capital, Breyer Capital, Softbank, First Round Capital, GV (Google Ventures), Founders Fund, Lightspeed, Floodgate, Greylock, Greycroft, Crosslink, RRE Ventures, Formation 8, 8VC, Venrock, TomorrowVentures, Mark Cuban, Dustin Moskovitz, The Zuckerberg Family, Winklevos Capital, Ashton Kutcher, A-Rod (Alex Rodriquez), Swartzenagger family, Jennifer Lopez, Kevin Hart, Gwyneth Paltrow, Serena Williams and many more.
Making VC a liquid asset class: Our fund plans to sell 5-25% of the fund position in single portfolio companies from time to time to return the fund faster and make the asset class more liquid.
SPVs for deal-by-deal investing: LPs may choose to 1) keep the cash distributions from our early secondary selling, 2) recycle the cash into the growth round via our SPVs, or 3) recycle and double down investing more cash in later stage growth rounds. We sell our own secondaries to our own LPs tax efficiently via SPVs and provide access to later-stage investment rounds direct onto the cap table typically with information rights and pro rata equity rights normally impossible for angels and family offices to access that expect lower multiples, but expect to exit in a 1 to 3-year time frame. Institutional investors or any LPs can simply not be bothered with each exit, recycle or double down decision and we can recycle or make a cash distributions on their behalf after understanding their profile and desire for near turn payback or patient long term optimal returns
How our angels and family offices are actively part of our VC process: Some angel LPs take board seats on behalf of our fund and play an active role in the overall VC process on a flexible no minimum time commitment basis. Angels refer deals, can help with DD, join Zoom calls or meetings and events.
LP-IR program: Limited Partner-in-Residence program. For investors investing $1m+ they can place a family member if we get along as an associate in our office and we will train them on VC and they will get our full network of VCs, entrepreneurs, etc and can get into a top MBA program or rotate back to the family as a VC.
Events: Annual BBQ and in-person networking events assembling our network of angel, family office and corporate investors with annual events for all of our LPs and portfolio companies in Silicon Valley, Austin, Miami, New York, London and Singapore to animate the network.
How we de-risk VC: 1) Diversify 30% of our fund into 25 different companies to neutralize singular startup risk, 2) double down investing 70% of the fund into our top performers from Fund I, Fund II and Fund III, 3) our fund plans to sell 5% to 20% of our position in single startups when they reach very high valuations but are still private.
Team and unique LP support group: VC-backed technical entrepreneur, University Professor of VC, former tech VC and M&A investment banker, cofounder of an angel group, General Partner of The Founders Club, 3x published author on VC and crypto, frequent speaker on MSNBC, CNBC, and ABC, MBA in finance from Georgetown University completed on scholarship. Vastly diverse set of LPs from Silicon Valley and key tech corridors across the USA, UK, Europe, Japan, Australia, Africa and Latin America.

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