Illuminate Ventures: Raising a Venture Fund Case Solution
It was the spring of 2010 and Cindy Padnos had actually simply been called to Fast Company's list of "One of the most Significant Women in Technology in 2010." Cindy had actually operated in the equity capital (VC) area for over a years, introducing her own company, Illuminate Ventures, in 2009 with a concentrate on early-stage business in the business cloud computing area. Cindy's portfolio of individual financial investments was carrying out well, and if she might carry out also for Illuminate, the near future would be intense. Regardless, prior to she reached make any financial investments in behalf of Illuminate Ventures I, she would have to raise capital for her fund in among one of the most tough financial attend current past history. While recognitions by media outlets like Fast Company never ever harmed, such honors were simply insufficient to protect the $35 million that was her target. As she recalled over her expert knowledges in the business world and ahead to the numerous financier conferences that lay before her, Cindy showed that this was maybe among the best challenging, however the majority of fulfilling, difficulties she had actually ever carried out.
Knowing Objective
The case puts trainees in the shoes of Padnos, a knowledgeable business owner and investor (VC) who is raising her very first money on her own. Padnos' knowledge exists as comparable to the business owner's, permitting trainees to acquire a much deeper knowledge of the VC as a business owner, in addition to how they can examine different qualities of the VC to select the ideal financial investment companion. Aside from the business resemblances, trainees are supplied an introduction of VC as a market, with information all around the mechanics of increasing a fund, the procedure, politics, research study, and techniques included.
This is just an excerpt. This case is about Business