Here’s the pitch deck this 29-year-old Russian-born VC used to convince investors to contribute millions to her fund


Russian-born Masha Drokova, 28, poses in this handout photo provided January 22, 2018.   Courtesy of Day One Ventures/Handout via REUTERS

Day One Ventures, a venture fund launched in 2018 by 29-year-old Russian born entrepreneur Masha Drokova, recently shared with Business Insider the pitch deck it uses to convince investors to back its fund.
“It’s important to understand what we sell,” Drokova said.
Day One now has over 15 investors, or limited partners (LPs), and the average amount each contributes is between $1 million and $5 million. Its target fund size is reportedly $30 million.
Below is the pitch deck that Day One Ventures uses to attract new investors to its fund.

Venture capital firms are everywhere in Silicon Valley, but have you ever wondered how they got their millions to begin?

Day One Ventures, a venture fund launched in 2018 by 29-year-old Russian born entrepreneur Masha Drokova, recently shared with Business Insider the pitch deck it uses to convince investors to back its fund.

“It’s important to understand what we sell,” Drokova told us in a recent interview. “Part of this deck is to show how we are going to bring them high financial returns in five to seven years. These are still risky investments. But we are trying to show how we are going to find opportunities and why the best companies work with us.”

Drokova said that most investors, or limited partners (LPs), that invest with Day One are tech entrepreneurs, private equity professionals, and successful executives of large companies like Goldman Sachs and Salesforce. She also said the firm now has over 15 LPs and that the average amount each contributes is between $1 million and $5 million. Day One’s target fund size is reportedly $30 million.

So why are investors deciding to put their money behind Day One?

Drokova thinks its because Day One’s investment thesis doesn’t just follow the major funds, like Sequoia …read more

Source:: Business Insider

      

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