VC10X - Building a $1.5B VC Empire on Individual Investors: The Alumni Ventures Story

Today we're joined by Mike Collins, founder and CEO of Alumni Ventures, a firm that's quietly built one of the most unique and successful venture capital models in the industry.Mike has scaled Alumni Ventures to over $1.5 billion in assets under management by doing something most VCs thought was impossible—building a venture firm primarily around individual investors.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comAlumni Ventures website - https://www.av.vc/Mike Collins on LinkedIn - https://www.linkedin.com/in/mike-collins-362100/🎙️ Hosted by Prashant ChoubeyFollow Prashant on X - https://x.com/ChoubeySahabFollow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahabIn our conversation, Mike shares:- How he validated and scaled Alumni Ventures to over $1.5 Billion in AUM & over 20 funds- Network-driven approach to deal sourcing and value add- How their referral network generates 3.2x multiples on invested capital- How a team of 45 investment professionals manage over 20 funds- His bold predictions about the profound period of innovation and disruption we're entering& lots more..Timestamps:(00:00) Introduction(03:27) Mike's background and early career in venture capital(10:32) Finding product-market fit for Alumni Ventures(14:47) Organizational structure with 10 investment teams(20:24) Investment decision-making process(21:30) Referral network and deal flow generation(25:14) Flat fee model and LP alignment(30:16) Investor base composition(33:38) Potential expansion to institutional investors(36:19) Operational challenges in scaling the firm(39:08) Current venture ecosystem and AI's impact(42:42) Liquidity and exit strategies(48:37) Investment sectors and regions(51:04) Investment stages and check sizes(52:19) How founders can connect with Alumni Ventures(54:02) Closing remarks and wrap-upFor sponsorship or guest appearance requests, write to [email protected] to VC10X on Youtube, Spotify, Apple Podcasts.