Front Porch Venture Partners

Startup Showcase Live is 𝐁𝐀𝐂𝐊 for Venture Atlanta 2025 🔥 This is an epic opportunity for pre-seed & seed-stage companies to step into the spotlight and compete for a $375K investment prize at #VA2025! What this means: ⚡10 selected companies will pitch on the #VA2025 stage ⚡4 selected finalists will return for a live pitch + Q&A session with investor judges ⚡1 company will win a $375K investment prize Thanks to our partners Cofounders Capital, Front Porch Venture Partners, Knoll Ventures, and TiE Atlanta Angels for helping us host one of the largest pitch competitions to date. Learn more: https://lnkd.in/e52UQHJC

Congrats and a big thanks to Judith and the team at Greater Nashville Private Capital Association for including us in a great event this morning -- we continue to be excited and super motivated by the opportunity ahead in the Southeast as many family offices expand their remit to include more engagement with founders and funders in their backyards! cc: Greggory + Nikin + Joe

INTENTIONAL WEEKEND POST Kicking off your weekend with a SPECIAL EDITION of Taproots from Front Porch Venture Partners with Allyson Eman, the CEO of the Venture Atlanta Conference. Yes, we are intentionally posting Saturday to try to reach founders who are perhaps more likely to be putting in a few hours on the weekend (and also try to cut through the noise of three-week old content on LinkedIn). tldl; FOUNDERS — your deadline to apply to pitch on-stage is August 8. Don’t miss this opportunity! At Front Porch, 17 of our 48 startup investments since 2020 have pitched on stage either before or after our check and we are once again excited to be in the investor syndicate for the Startup Showcase. Venture Atlanta is October 15-16 at the Woodruff Arts Center — as usual, we plan to make a week of it and are happy to help with your planning if we can. https://lnkd.in/exhx4eTG

So much fun getting to spend time with our awesome board member Joe Mancini and chat a little #VA2025!!! Folks look at that stat below... over 30% of their investments have come directly from VA. We have been touting our awesome schedule, sharing success stories from founders like Krish Chopra who raised $20M from VA and reminding you that apps close 8/8! Happy Saturday!

The #VA2025 schedule is officially 𝐋𝐈𝐕𝐄 and packed full! 🔥 Join us for the perfect mix of fan-favorite events and brand-new programming exclusive to this year’s conference. It’s all part of why Venture Atlanta continues to be the leading #venturecapital conference in the Southeast. Don't miss out on these events and SO many more! View the full 2025 #VentureAtlanta schedule here: https://lnkd.in/eJRRZHx3 #VentureAtlantaConference #startups #startupbusiness #founders #entrepreneurs #VentureCapitalist #investors #venturepitch #funding #SeedFunding #StartupFunding

8 years in: are small VC funds or big(ger) VC funds performing better? Drum roll...it's smaller funds. But there's so much to discuss beyond the headline TVPI (Total Value to Paid-In Capital) multiples. Let's dig into to data first then implications. 𝗗𝗮𝘁𝗮 𝗘𝘅𝗽𝗹𝗮𝗶𝗻𝗲𝗿 • Net TVPI figures laid out in percentiles (25th, 50th, 75th, 90th, and 95th). • Data is a snapshot of performance as of Q1 2025. 𝗗𝗮𝘁𝗮 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗼𝗿 𝗡𝗲𝘁 𝗧𝗩𝗣𝗜 • Funds with $1M-$10M to invest have higher marks at the 90th and 95th percentiles than any other fund size group.    • Between $10M-$25M and $25M-$100M, performance varies. Top decile marks are actually higher at the bigger tier between the two, but it's competitive.    • Funds with over $100M typically have lower top decile marks. The obvious question is "why don't LPs fund more tiny funds, they outperform". Well, it's pretty tough to invest $100M into 10 funds of $10M each (not least because no one would want to be the ONLY LP in a fund). And of course there are many more $10M funds, so choosing a top decile manager is maybe even harder here! Beyond that, I think it's under-discussed that emerging manager funds are often in competition with one another. If an LP has $5M to give to the emerging manager space, choosing between a $25M fund and a $50M fund is tricky - and may have very little to do with fund size. The classic dilemma on fundraising: do we spend time trying to convince an LP to focus on emerging managers AND THEN pick us, or do we narrowly target LPs who are already bought into the emerging manager thesis? Two final notes: 1) TVPI is not DPI and 8 years is not 12 years. More life to live in this analysis. 2) 75th percentile (aka top quartile) being below 3x across fund sizes after 8 years is...not great. Share with your favorite GP 🙏 #TVPI #venturefunds #venturecapital #smallfunds  

FOUNDERS! Please let us know if we can answer questions as you work applications for Venture Atlanta Conference -- most especially in the Mid-Atlantic (Carolinas, DMV) where I'm lending a hand with the recruitment and selection and need to be sure to beat Emery in apps and stage selections. cc: Allyson + Garrett + Sadie -- don't sleep on the Mid-Atlantic

While European and Asian retailers have embraced digital experiences in-store, American retailers have prioritized developing offsite media, until now. On the latest segment of The Future In-Store, Claire Wyatt, The Trade Desk's GM of Client Service - Retail, explains the barriers to adoption and why investing in in-store media is worth the effort. Listen to the full episode on Apple or Spotify, and don't forget to subscribe! https://lnkd.in/eXA34xM5

Front Porch Venture Partners travel updates below - we are pumped for a lot of valuable in person time ahead with fund partners, startup founders, and investors. Since we’re doing a lot of driving, here is one of me and Nikin that also features our Whole Foods snack bag. (I edited the tone to Vivid Warm for an olde tyme roadtrip vibe.) — This week - Wilmington, NC — w/o July 21 - Charlotte, NC — w/o July 28 - Nashville, TN (likely) — w/o August 4 - various spots in VA — w/o of August 11 - back in the Triangle — w/o August 18 - Birmingham + Atlanta — w/o August 25 - first week of school — w/o September 1 - Charlotte + Greensboro + Winston-Salem, NC — w/o September 8 - Nashville, TN — w/o September 15 - divide and conquer in Raleigh, Greenville SC and Atlanta GA — w/o September 22 - back in the Triangle — w/o September 29 - Wilmington, NC That’s as far as the brain can handle… send us a note if you’ll be in any of these places and can spare a few minutes to catch up or get connected! cc: my partners Greggory + Nikin

FOUNDERS! <30 days to submit your application for the Venture Atlanta Conference -- the August 8 deadline is coming up fast and there are more opportunities than ever for companies from pre-seed through growth. Venture Atlanta is a headline annual week in ATL for Front Porch. 17 of our 48 startup investments since 2020 have pitched on stage at the conference during their journey -- including headliners like Krepling, Lucid Bots, Poppy Flowers, Natrx | Adaptive Infrastructure, Case Status® and a ton more from our 25 active fund partners across the Southeast. Reach out as you have questions about Venture Atlanta or your application and some combo of Greggory + Nikin + Joe will be happy to lend a hand. https://lnkd.in/gWc2snsm