Methodology: Every two weeks we collect most relevant posts on LinkedIn for selected topics and create an overall summary only based on these posts. If you´re interested in the single posts behind, you can find them here: https://linktr.ee/thomasallgeyer. Have a great read!
If you prefer listening, check out our podcast summarizing the most relevant insights from Venture Capital CW 49/ 50:
Fundraising execution and messaging discipline
Data room readiness is being positioned as a year-end priority to unlock faster Q1 2026 fundraising cycles
Lead investor commitment is framed as the moment valuation becomes real, not the moment a deck becomes polished
Strong founders are described as stopping the fundraising process once conviction is secured, then re-focusing on execution
Pitch effectiveness is repeatedly tied to clarity, simplicity, and a differentiated narrative rather than breadth of information
GP and LP dynamics. Selection pressure and operating maturity
Outsourced fund administration is framed as credibility infrastructure for emerging managers, freeing time for investing and relationship building
LP feedback emphasizes track record, team risk, and fundraising skill as core filters, not optional “soft factors”
“Emerging manager” positioning is challenged in favor of a more competitive “challenger manager” identity anchored in conviction
Fund-of-funds and allocator diligence is described as highly selective, aiming to identify only the top tier of managers
Market metrics and liquidity
Benchmarks increasingly revolve around TVPI, DPI, and IRR language, signalling a performance narrative that is tightening around measurable liquidity
Carta-linked benchmarking commentary highlights dispersion by vintage, with a 3x TVPI framed as exceptional rather than expected for recent vintages
Vintage context is explicit: 2017 shows a 90th percentile TVPI of 3.52x and a median of 1.76x, while 2020 median is cited at 1.1x and 2021 90th percentile at 1.46x
Swiss VC performance is cited as structurally strong in one study, reporting 14% IRR and a 1.5x multiple, positioned as outperforming European benchmarks
AI products moving from narrative to workflow
Boardy is framed as an AI “superconnector” learning user goals to make targeted introductions across investors, founders, partners, mentors, customers
The Boardy flow is described as deck submission with controlled sharing to investors whose theses match, addressing low-signal outreach frustration
Boardy is also described as moving from product to capital formation, announcing the creation of a venture capital fund
Sequence is positioned as an AI-agent automation play for revenue operations, raising a USD 20M Series A to automate workflows such as billing, collections, payment reconciliation, and invoice anomaly review
Structural shifts in VC mechanics and alternative routes
Angel syndicates are framed as a practical route for individuals to access startup investing without building a full fund structure
Equity crowdfunding is discussed as becoming more credible in VC investor eyes, implying a broadening of financing “lanes”
Alternative financing is highlighted via Valency Fund, framed as an option for companies underserved by traditional venture models
Mega-seed round discussion signals tension between larger early checks and the renewed emphasis on capital efficiency
Access, inclusion, and capital allocation narratives
Women-led fund performance is referenced as strong relative to peers, while fundraising access remains positioned as constrained
Large-scale philanthropy is framed as reshaping capital allocation norms through trust-based, high-impact deployment across sectors
Regional ecosystem signals and narrative control
European AI valuations are described as showing significant premiums, paired with explicit bubble risk language under uncertainty
China’s VC market development is framed as deliberate, emphasizing domestic capital priority and tighter control over value creation
A public fact-checking dispute between Dealroom.co and PitchBook is noted, signalling heightened sensitivity around European fundraising and market measurement narratives
Want to see the posts voices behind this summary?
This week’s roundup (CW 49/ 50) brings you the Best of LinkedIn on Venture Capital.
→ 63 handpicked posts that cut through the noise
→ 31 fresh voices worth followin
→ 1 deep dive you don’t want to miss