top
May 21, 2024
 • 
Announcements

An LP of (four more!) GPs: Screendoor expands our GP Advisor platform

Screendoor is growing our platform as an “LP of GPs” with four new GP Advisors joining the Screendoor community: Mar Hershenson (Pear VC), Rob Hayes (First Round Capital), Wayee Chu (Reach Capital), and Zal Bilimoria (Refactor Capital). We can’t wait for future generations of new venture managers to have the opportunity to work with them.

Mar, Rob, Wayee and Zal are joining our platform of other firm builders from Homebrew, Fika, Forerunner, Fuel Capital, Kindred Ventures, Reach Capital, Ritual Capital, Cowboy Ventures, and Precursor Ventures. Screendoor’s goal isn’t just to help new VCs raise funds - we want to help our managers build lasting firms. Our GP Advisors are all early stage investors who have built recognized brands in the venture capital industry. They have each experienced the peaks and valleys of the day-to-day of managing a firm, raising capital, and investing funds, while balancing the long-term nature of venture capital. 

And just like there’s no predefined mold for what strategy makes a successful venture firm, there’s no ‘one-size-fits-all’ approach for the questions and curveballs that a new manager faces daily. Even seemingly trivial decisions have the potential to shift the trajectory of their portfolio and their firm. It’s why being a fund manager is fundamentally different from being an investor. Building as a fund manager is about operating as a strong investor, but also looking ahead one...five…ten years down the road. Together, our Screendoor team works deeply with our portfolio to help them see around corners through tactical firm-building challenges, like navigating tricky deal terms, as well as strategic planning areas, like potential team expansions or even plotting their firm branding and name during pre-fund formation. We’re that early!

"Screendoor shares a lot of foundational DNA with the seed venture capital ecosystem of two decades ago: you have the potential to drive outsized financial returns by focusing exclusively on an early stage market that most investors don't yet fully understand, or even prematurely dismiss," says Rob Hayes of First Round Capital. “Becoming a GP Advisor gives me the chance to work with another type of entrepreneur - emerging managers - and help them build the next generation of successful venture firms in their own image.*"

We know how hard it is to build a firm - you’re truly running multiple businesses across founders, investors, and allocators, not to mention your own internal team, and all while learning, iterating, and forging forward. We’re building Screendoor to represent the type of LP each of our now experienced GP Advisors wishes they had access to during their firm’s earliest years. And we build this way because we believe that the continuous infusion of the best new investors into the ecosystem has the potential to generate outsized returns, benefit founders who are building category-defining companies, and better reflect the range of backgrounds and perspectives within our population. We’re so grateful to work with these phenomenal GP Advisors to support and shape the next generation of enduring firms. Welcome Mar, Rob, Wayee, and Zal!

If you’re an investor contemplating building your firm and would like to share more information with us, no need for a warm intro! We would love to hear from you through our open application. And if you’re an LP who would like to learn more as we expand our efforts, we welcome you to share your info so we can chat!

Important Disclosures

Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see “Disclosures” for additional important information. Please refer to the "Legal Disclosures" on our website for additional important information. *This is neither an endorsement of Screendoor nor testimonial by Rob Hayes and no compensation was paid to or solicited by him for his quotes. 

The views expressed here are those of the individual Screendoor personnel quoted and are not the views Screendoor or its affiliates. Certain information contained herein has been obtained from third-party sources, including from portfolio companies of funds managed by Screendoor. While taken from sources believed to be reliable, Screendoor has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. In addition, this content may include third-party advertisements; Screendoor has not reviewed such advertisements and does not endorse any advertising content contained therein.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any investments or portfolio holdings are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by Screendoor. (An offering to invest in a Screendoor fund will be made only by the appropriate governing documents of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by Screendoor, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results.

Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see “Disclosures” for additional important information.

Search for something