David Teten
About David Teten
Coolwater Capital (https://coolwatercap.com/) is "Y Combinator for emerging VCs". We run an accelerator for emerging VC fund managers and invest as a LP, into GPs, in fund management companies, and also directly into companies. We have backed >200 funds which have collectively raised >$2b and invested in >5,000 companies. Versatile VC (https://versatilevc.com/ ) backs "investment tech" companies which help investors generate alpha and grow. Join our syndicate: https://angel.co/s/vvc/kwfQA . I built and manage: PEVCtech.com: a community for family offices, private equity funds, lenders, and VCs using AI and analytics to generate alpha in the private markets; and FoundersNextMove.com: a community for tech founders who have exited. Previously, I have 3 times helped build early-stage investment organizations. I was the first non-founding Partner to join HOF Capital and ff Venture Capital, two NY-based early stage VCs which each had <$10m AUM when I joined. In both cases, we grew both AUM and our LP base >10x during my tenure. ff Rose Innovate NY has the highest Net Multiple (9.5x); highest DPI (294.2%); and second highest net IRR (36.7%) of any 2013 North American early-stage VC fund (Preqin). HOF Capital now manages over $1.2b AUM with LPs from 37 countries. I also founded Harvard Business School Alumni Angels NY, now the East Coast's largest angel group. I have advised institutional investors including Birch Hill Equity, Coolwater Capital, Goldman Sachs Special Situations Group, Icahn Enterprises, LLR Partners, OTMT Investments (Sawiris family office), Real Ventures, the Reichard family office, Right Side Capital, & Tiferes.vc. Worked in all stages of investing: - Launch and build a new fund. Syllabus to build a VC firm: teten.com/vcs - Due diligence/execute investments/board service/M&A. Board member of Authorea (sold to Wiley), Earnest Analytics (Observer), Ionic Security (sold to Twilio), Signup.com, Whisk (sold to Deem). Bear Stearns tech M&A. - Raise capital. Sourced majority of North American investors at HOF and 1/3 of all capital at ffVC. - Originate. Published author. Keynote speaker at conferences for family offices, investors, & founders. - Leverage tech & analytics to accelerate alpha. Roadmap: teten.com/pevctech - Strategy. Former strategy consultant at mars & co, BCG spinoff. - Launched portfolio accelerations platforms at 2 VCs. Board member/coach for CEOs. Previously, I was a serial fintech CEO with two past exits as founder; investment banker; and strategy consultant.