A New Project
More than $7b of capital was invested in Spanish startups over the past two years, yet there is almost no North American capital invested in local funds. Why? How should US LPs think about allocating to Spain?
Bridging Final Gaps in Frontier VC Markets
Why are exits smaller in emerging VC markets? It is not the ambition of the founders, or the quality of their ideas.
Factors that Matter in VC Returns
What drives returns in a venture fund? How should LPs think, a priori, about whether a specific fund will provide good returns?
Globally Ambitious Startups in Spain
A selection of ambitious venture backed Spanish companies tackling global challenges - transportation, small business operations, aging, climate change.
Models for Positive Selection Bias in Venture
Sustaining great returns as a venture firm requires a strategy to move beyond individual GPs toward a firm wide competitive advantage.
Investing in Madrid
Why Madrid may be a future tech hub