Meet the Expert: Braughm Ricke of Aduro Advisors on working with over 300 Emerging Firms, his time as the first CFO at True Ventures, traits of successful managers
Venture Unlocked: The playbook for venture capital managers - A podcast by Samir Kaji
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Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape. In today’s show, we have the pleasure of speaking to Braughm Ricke, who has worked closely with emerging managers throughout his career, first serving as CFO of True Ventures, and then starting Aduro Advisors, which started in 2012 originally to focus on the new era of VC. He was also a early Advisor and Investor in Carta and has been an active investor. Thanks to working with over 350 venture fund clients, Braughm has unique insights on effective fundraising, what makes for a institutional back-office, and broad venture trends. In this episode we discuss:01:01 What Braughm saw in 2012 when he started Aduro Advisors to focus on Emerging VC’s 05:49 How the emerging manager space has grown and evolved06:42 What is different today from the early days08:49 The fundraising landscape for emerging managers11:49 Tactics for breaking into family offices13:51 What managers often need to do between rounds 16:19 The workload for solo GPs18:12 The support systems GPs need so they can spend more time on core activities22:56 Common traits amongst successful managers25:22 The most common mistakes he sees managers make26:45 What the future holds for venture29:55 The speed of new firm creationMentioned in this episode:* Aduro AdvisorsWe’d love to know what you took away from this conversation with Braughm! Follow @SamirKaji and give your insight and questions using the hashtag #ventureunlocked. If you’d like to be considered as a guest or have someone you’d like to hear from (GP or LP), drop a direct message on Twitter.Podcast Production support provided by Agent Bee Agency This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com