Why LPs Overlook GP Portfolio Company Cash Burn

Limited partners often focus heavily on a general partner's track record and fee structure, but one critical blind spot remains: how GPs manage portfolio company cash burn during downturns. This episode dissects the specific mechanics of runway extension, down-round financing, and dilution protection clauses that separate resilient funds from those struggling in a high-rate environment. Lucas and Luna examine real-world scenarios where poor cash management eroded LP returns despite strong top-line growth, offering concrete questions for due diligence. #VentureCapital #LimitedPartners #GeneralPartners #CashBurn #RunwayExtension #DownRounds #DilutionProtection #DueDiligence #PortfolioManagement #StartupFinancing #FundStructure #LPRights #VCInvesting #FexingoBusiness #BusinessPodcast #FinanceNews #StartupEconomics #CapitalEfficiency #VentureDeals Keep every episode free: buymeacoffee.com/fexingo