Let’s face it, we like to measure everything we do, from the numbers of deals we see to the number of meetings we take. As any other investor, we measure the returns we provide to our LPs. Many parameters cover a venture performance vis-à-vis its investors (I am happy to say that we have top rankings in those!), but how can we measure a fund’s contribution to its entrepreneurs? Since this is important for us (and yes, it really is!) we need to be able to measure it on an ongoing basis. If we don’t, we cannot align everyone around it and we cannot improve the processes toward it. If we cannot measure it, it is just a slogan. A nice slogan, but an empty slogan all the same.
For Kobi Samboursky’s blog on The Friendly Fund Index: https://bit.ly/2jyO2xw