This is an article/blog post by Fred Wilson who, in my mind, is one of the best VC’s out there. He’s invested in Feedburner, Tacoda, Twitter and others and i’ve found that his opinions are usually on the money.
He wrote a good post today about how his firm manages their funds and in that he shows the assumptions they have for size of investments, length, carry, etc.. During my pitching process, I found that almost all VC’s operate somewhat like this – with bigger funds having bigger investment sizes. This is great information and would have been helpful a few years ago as knowing how you fit into a VC firm’s plans helps you figure out on how best to pitch to them.
Anyway, i was amazed he’d share this info on a blog and thought it was interesting. Post is here: http://www.avc.com/a_vc/2008/08/venture-fund–1.html