Is your partnership with your Limited Partners more of a marriage than a business deal? According to Ben Black, founder of RAISE Global Summit and Akkadian, it certainly is. In our latest episode of the 10X Capital Podcast, we dive deep into the dynamics of these partnerships, or as Black puts it, 'marriages'.
Black believes the most successful venture capitalists view fundraising like farming. They start small, they educate, and they cultivate relationships. It's about more than just cash injection. It's about shared values, mutual understanding, and long-term growth.
Drawing from his experience of having vetted over 700 funds personally, Black shares insights that could change the way you approach your partnerships. It's not just about finding the right partner, but also about being the right partner.
Want to learn more about the art of cultivating fruitful VC-LP relationships? Tune into E71 of the 10X Capital Podcast for the full conversation.