NextGen Newsletter - December 2023
NextGen is a 20+ year old community supporting each new generation of venture capital talent.
Hey y’all,
This has been the busiest season in venture in years, and it’s been a mad dash to close out the end-of-quarter. Hang in there!
This past month, we published our NextGen Rising Stars for 2023, a list of eight investors that the community believes will take our industry by storm. We’ll start highlighting investors from this list starting next year! Read on for more info on the annual comp survey, an exciting happy hour, and some great content + jobs to close out the year.
We hope everyone gets some R&R downtime, and sincerely wish everyone the happiest of holidays. Catch you in the new year!
Thanks,
Shawn and the NextGen Board
Investors You Should Watch 👀
Rising Star Highlight: Mia Farnham is a Principal at SteelSky Ventures, the largest women’s health fund in the world.
Jennifer Fleiss has joined as a Partner at Initialized Capital. She previously cofounded Rent The Runway.
Michael Kearney has been promoted from Partner to General Partner at Engine Ventures.
Michael McBride has joined as a General Partner at Google Ventures. He was formerly the Chief Revenue Officer of GitLab.
Yuanling Yuan has been promoted from Principal to Partner at Signalfire.
Opportunities You Should Consider 😃
Annual VC Compensation Survey: We’re partnering with Equal Ventures to distribute this annual VC compensation survey. If you’re interested in getting the latest data for 2023 for our industry, please fill out this survey (ignore the submission deadline date).
PIN Investment Clubs: PIN (Power in Numbers) is the easiest way to invest in top startups within a community (trusted by groups such as Coinbase, Stanford, Sequoia Arc, YC, and more). The team frequently works with leaders of communities (creators, athletes, professional group leads, etc) who are looking for co-leaders with VC experience to help co-found investment clubs for their groups. If you're interested in being matched with a group (or leading your own group), please fill out the survey here.
SVB’s CES Happy Hour, January 10 @ Clique Bar & Lounge, The Cosmopolitan: SVB is organizing a happy hour for pre-partner investors at the CES Conference in Las Vegas! If interested in joining, please reach out to Rachel Waddell (rwaddell@svb.com) for the calendar invite.
Content You Should Check Out 📚
LLMs and Sneaky Big Markets: Scale VP’s John Gianakopoulos and his new framework for vertical SaaS TAM
Reflecting On Haystack’s Investment In Figma: Haystack’s Semil Shah on the Adobe-Figma acquisition falling apart, and it’s implications.
Tidal Waves in Venture Capital: Thoughtful take on current trends and predictions for the industry from Fusion Fund’s Kevin Zhang.
Why Every Company Will Be an Energy Company: Redpoint’s Meera Clark on the electrification of everything, and software’s role in the $600B industry.