Transcript
0:02 I'm [music] Ted Sides and this is Capital Allocators. [music] My guest on today's show is John Kim or Kimmer, who's raised more than $70 billion across his career for leading venture capital and private equity firms. >> Why is fundraising so hard? Kimmer recently distilled three decades of lessons into [music] the DAO of fundraising, the best book I've ever read [music] on fundraising for investment managers.
0:32 Since then, Kimmer joined a general catalyst portfolio company, LSA Sciences, as chairman and president of corporate development. Our conversation covers Kimmer's philosophy about raising capital, the [music] sales process, art of persuasion, best practices in a meeting, frameworks [music] determining fundraising success, ideal sales team structure and compensation, and the features he's carried over [music] from capital formation for funds to a new operating role. Please enjoy my conversation with Kimmer, John Kimmer.
1:06 [music]
Summary
- Fundraising is inherently challenging due to market dynamics and investor psychology.
- Kimmer emphasizes the importance of a structured sales process and effective persuasion techniques.
- He outlines best practices for meetings that can enhance fundraising success.
- Key frameworks for determining fundraising success are discussed.
- Kimmer shares insights on the ideal structure and compensation for sales teams in fundraising.
- He highlights transferable skills from capital formation to operating roles in companies.