#016: Mia Nguyen – How to Fundraise for your First VC Fund the right way

Mia Nguyen is the Operating Principal at Four Cities Capital, an early-stage venture capital fund investing in Seed & Series A companies.In this episode, we discuss the strategies for emerging fund managers to build a venture fund. This includes advice on sourcing and connecting with Limited Partners (LPs), managing pipelines, what materials to prepare for LPs, and the importance of understanding venture math and crafting a differentiated story for prospective investors. We also navigated fundraising timelines and LP relationships, emphasizing the importance of leveraging existing personal connections, creating a sense of urgency to generate momentum and having good core foundational processes in place. Additionally, we talk about the similarities between venture capital and fundraising for a company and much more!#theprompt #investing #entrepreneurship #leadership #technology #venturecapital #emergingmanagers #fundraising #investorrelations #fourcitiescapitalGUEST LINKS:Twitter: https://twitter.com/miaannguyenLinkedIn: https://www.linkedin.com/in/mialilynguyen/ Medium: https://medium.com/@mialilynguyen CONNECT WITH ME:LinkTree: https://linktr.ee/barrywinata LinkedIn: https://www.linkedin.com/in/barrywinata/ Instagram: https://www.instagram.com/the.prompt_/ YouTube: https://www.youtube.com/@barrywinata Spotify: https://open.spotify.com/show/4mOHdfP2mfE6Z939nm1TMS?si=63765b3eec1c437e Apple Podcasts: https://podcasts.apple.com/us/podcast/the-prompt/id1535985414 RSS: https://api.substack.com/feed/podcast/448257.rss Patreon Support: https://www.patreon.com/barrywinata TIMESTAMPS:00:23 - Intro01:08 - Fundraising Medium Article04:05 - Fundraising 10110:32 - When to approach an Limited Partner16:31 - Cold vs. Warm LPs20:22 - LP CRM Tools25:23 - Fundraising for a company vs. fund30:56 - The Archetype LP34:45 - What is an Emerging Manager36:46 - Four Cities43:02 - Personal Journey46:55 - Advice50:45 - Favorite Books & Podcasts53:23 - Morning Routine56:59 - Exciting Tech & SectorsDISCLAIMER:The Prompt Podcast media platform is for general information purposes only and does not intentionally provide any form of investing advice to the general public. The use of information on this podcast or materials linked from this podcast is at the user’s own risk. The content of this podcast episode is not intended to be a substitute for professional advisory services. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit promptpodcast.substack.com This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit beesletter.substack.com