In this episode, we're sitting down with Alex Pattis, general partner at Riverside Ventures and author of the newsletter "Last Money In". Alex shares his journey from sales director to launching a syndicate that has completed over 300 deals and deployed $75 million in capital.

Alex provides valuable insights into how syndicates operate, their advantages for both founders and investors, and the common pitfalls to avoid. He also discusses the current trends in the syndicate market and offers advice for founders considering working with syndicates.

Here's what you're in for:

• 00: 00 - Intro

• 04:53 - Demystifying syndicates: Understanding LPs and SPVs

• 07:54 - The value of syndicates for founders

• 14:11 - The importance of transparency in the syndicate process

• 18:37 - Current trends in the syndicate market

• 32:36 - Common mistakes in the syndicate market

• 38:01 - Strategic fundraising with Special Purpose Vehicles (SPVs)

• 47:19 - Outro

  
  

This episode is sponsored by ThunderVC, an investment bank for founders by founders.

Raising capital? Get a list of vetted VCs for FREE here: https://web.thunder.vc/list-of-investors-vcs-for-founders

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ABOUT ALEX PATTIS

Alex Pattis is a seasoned entrepreneur and investor with a diverse background in both operations and venture capital. He is currently a co-founder of Last Money In Media, producing the most actionable VC newsletter focused on explaining Special Purpose Vehicles within the

Venture Capital ecosystem. He is also a General Partner at Riverside Ventures, an early-stage venture capital firm investing in high-growth technology companies. To date, they have deployed over $70 million.

Alex's operating background includes nearly a decade of scaling early-stage startups, focusing on growth and commercial strategy. In venture capital, Alex has invested in over 250 companies as a General Partner at Riverside Ventures. He is passionate about supporting entrepreneurs in the early stages of their businesses. His experience spans both operational and investment roles, giving him a unique perspective on the startup ecosystem.

Connect with Alex Pattis on:

• Linkedin: https://www.linkedin.com/in/alex-pattis-1709011a/

• Newsletter: https://lastmoneyin.co/

  
  

ABOUT FUNDRAISING DEMYSTIFIED

Our goal is simple: to equip you with the knowledge, inspiration, and guidance to navigate the labyrinthine world of fundraising. Whether you're a budding entrepreneur seeking seed funding or an established founder looking to scale your business, this podcast will provide you with the tools you need to conquer the fundraising landscape.

Thank you for being a loyal subscriber to Fundraising Demystified. We appreciate your support and are excited to continue bringing you more inspiring stories from successful founders.

ABOUT JASON

Jason Kirby is the co-founder of Thunder VC. He is a serial entrepreneur with 4 multi-million exits and decades of experience in fundraising and business building. He has coached hundreds of entrepreneurs in his career on fundraising, investing, capital strategy, and business development.

You can reach out to Jason through:

Email: jason@thunder.vc

LinkedIn: https://www.linkedin.com/in/jasonrkirby/