David Bloom
@dcb
David Bloom
greenoak capital opportunities fund v lp
pa.govapproximately 20 companies per year, the entire Greenoaks’ investment team becomes
involved. Granular analysis occurs on the unit economics, customer benchmarking, and company-specific
data analyses. The analysis also includes survey work, detailed reference calls, and third-party audits.
points and concerns, and relevant findings. The entire investment team participates in reviewing these
investments via an open debate where members are divided into teams on either side of the investment
case. Ultimately, the final investment decision lies with Greenoaks’ Managing Partners, Neil Mehta and
Benjamin Peretz, who must unanimously agree on the few investments Greenoaks makes in any given
year.
Principles
January 1, 2025
|
Blake Robbins
There are seven themes we keep coming back to. They shape how we work, learn, and try to show up in the world.
Cautiously Optimistic
Yes, before no. It's way too easy to be default-pessimistic.
Endless Curiosity
“I want to stay as close on the edge as I can without going over. Out on the edge you see all kinds... See more
January 1, 2025
|
Blake Robbins
There are seven themes we keep coming back to. They shape how we work, learn, and try to show up in the world.
Cautiously Optimistic
Yes, before no. It's way too easy to be default-pessimistic.
Endless Curiosity
“I want to stay as close on the edge as I can without going over. Out on the edge you see all kinds... See more
Principles
Hidden’s future depends entirely on how a handful of extraordinary founders speak about us long after our initial check clears.
Hidden - High conviction seed fund.
Venture capital is a service business. Relationships and trust don’t scale; reputation does.
Hidden - High conviction seed fund.
The downturn rests on a set of reinforcing mechanisms:
- Higher rates and risk premiums since 2022 pulled down public valuations, which dragged private market marks lower.
- Exit scarcity throttled VC liquidity, limiting LP distributions and slowing fundraising.
- Absent crossover investors left late-stage startups cash-starved, forcing insider-led rounds,
The Great Retreat: Startups, VCs, and Investment Banks in 2025
o to arrive at an exposure with 20 to 70 companies, a fund needs a starting portfolio of 60 to 210 startup investments. Very few funds meet this size.
The Pervasive, Head-Scratching, Risk-Exploding Problem With Venture Capital
Smaller funds or solo GPs investing primarily on the basis of their differentiated personal networks and relationships may migrate here as institutionalization pushes earlier and earlier
Donald Lee-Brown • Are We Underestimating How AI Will Change Private Markets?
To be clear, there are prerequisites to most of these things happening. Right now, it’s difficult to actually convert any short-term pricing edge into an actual trade—deals take weeks to months to close, secondary sales take weeks to months to execute. And, companies themselves may continue to serve as a check even if greater liquidity... See more
Donald Lee-Brown • Are We Underestimating How AI Will Change Private Markets?
“Instead of just writing a cold outbound email, I could send a cold inbound current term sheet. And I’d just say that we’re ready to price, and we’ll give you the liquidity instantaneously without having to spend a lot of time” he said. “I could envision a quantitative VC firm that front runs every process by offering term sheets with some pricing,... See more