Confluence.VC Wisdom #1

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Welcome to the first installment of Confluence.VC Wisdom — a subscriber-only email delivered every other week documenting some of the most helpful conversations from our private Slack group.

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⚡️ Top threads

1. Conducting due diligence on a startup

Posted by: Amr Alshihabi

• We have a standardized process, founders filling out forms and we are digitizing the whole process. (Kevin Monserrt)

• Have you found a good tool to record dialog with the company? E.g., i ask a question, they answer, i have a followup, etc. Ideally with time & date stamp on each (David Teten)

• @David Teten (Versatile VC) - we've not done that bit yet. Most of our focus has been on post investment acceleration support. Essentially, we believe that portolio support can make a big difference so we built a network o 200 operating partners WW covering everything pre-series A startups need. Happy to walk you through a demo. (Kevin Monserrt)

• Have you looked at this @David Teten (Versatile VC)https://otter.ai/login?utm_content=brand&utm_source=google_ads&utm_medium=search&[…]x5iSgpeZZ8RBVOHMmZ4DtypdEMxuCVia6qKVExNrhnh0k-prp6kaAkaoEALw_wcB? (Kevin Monserrt)

• most of my DD is via writing, not phone calls. although i agree that could help for phone calls. (David Teten)

2. Securely sharing video content

Posted by: Amr Alshihabi

• You should check out Loom. We've started using it for everything (Clay Norris)

• seems like they have a 4mb limit (Amr Alshihabi)

• Paid plans are worth the $10/month price tag (Clay Norris)

• https://www.getdebrief.com/ (Jonathan Abrams)

• Vimeo is one of the best options. Most of the individual creators use Vimeo for sharing high-quality videos such as photographers, videographers etc. https://vimeo.com/upload (Ashish Aggarwal)

3. Shareable resources for compensation

Posted by: Spencer Calvert

• Might not be exactly what you’re looking for, but this is pretty good data:https://angel.co/salaries

• Also if you’re looking for VC salary data, check out the survey we ran last November:https://airtable.com/shrByET3TTeivARRH (Clay Norris)

4. Good resources for financial models and pitch decks

Posted by: De'Havia Stewart

• forecastr.co is a Techstars alum that has taught several workshops on financial modeling. Their CEO has a wealth of templates and tools to share also. [email protected] if you want to reach out (Miki Reynolds)

• Teten.com/pitch ; and https://teten.com/speaker/finance/ (David Teten)

• https://www.notion.so/confluencevc/Modeling-Templates-Resources-9712f767867349d9b44bdc2100809631 (Clay Norris)

5. Portfolio management software options

Posted by: Jak Lewis

• Shameless plug, but Visible is the best in the market (Clay Norris)

• Quaestor is good (Jack Abramowitz)

• +1 for visible (Halle Kaplan-Allen)

• @Jack Abramowitz do they have an investor relations portal? (Aditi Rajagopal)

• Yes they do as far as I understand (Jack Abramowitz)

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