Allen Taylor’s Post

I believe that the best *Venture Capital* returns 💰💰💰of the next few decades will come from two places: 🔍 Emerging Managers - the next generation of minds and voices in venture 🌍 Emerging Markets - places like #Brazil, #Indonesia, #Egypt, #Mexico, #Vietnam, #Nigeria, #Pakistan, #Colombia, #Argentina, #SouthAfrica, #UAE If you're interested in this idea, join us next week for a webinar in partnership with my friends at 500 Global, VC Unlocked and the Stanford Center for Professional Development on exactly this topic. This webinar is ideal for LPs, emerging fund managers, and anyone interested in understanding the evolving dynamics of venture capital. 📆 Wednesday, July 17, 2024 🕘 9:00 am - 10:00 am PST Register here: https://lnkd.in/gH4e2xik

Want to learn more about *Venture Capital* and how it really works? ➡ I highly recommend this FREE online course offered by Techstars + Kauffman Fellows. They do this 3x per year and you have access to all the video content for 6 weeks on your own schedule (available 24/7). 📆 This time around, you need to sign up before July 26th if you want to join. Course opens on July 29th and runs for 6 weeks. 💡 30+ Endeavor team members have taken this course in the past (including me!) and have found it to be a great intro to VC. Register here: https://lnkd.in/g2eUpe5c

"To be a great leader, you have to become a great person." Reed Hastings spoke to our Endeavor Entrepreneurs gathered last week at 1440 Multiversity in Scotts Valley, California. In a wisdom-filled hour - masterfully moderated by Endeavor Global Board Member Joanna Rees - the Netflix Chairman dropped nearly two dozen amazing insights on us. One after the other, tightly packaged in memorable language with useful frameworks and colorful anecdotes. It was awesome! I found myself furiously scribbling notes as he talked about building a "team not family" culture, letting performance be the ultimate judge, "farming for dissent," and managing a 200-person leadership team at a company of 13,000+ people. But the most impactful thing he said was possibly the most simple: to be a great leader, you have to BECOME a great person. I will carry that one with me for a long time. So simple, so true, so good. Thanks, Reed! And congrats Nasim Novin and team for an amazing Endeavor Outliers Retreat!

Venture Capital is becoming a global industry, with the majority of capital today (> 50%) being deployed outside the United States. What's interesting to look at is how the % of exits, liquidity and even OUTLIER, POWER-LAW success cases are now becoming more global as well. I gave a talk last week to the newest class of the Kauffman Fellows looking at the "Global State of Venture Capital" and how it has evolved over the last 25 years. I shared the amazing stats we have from our work with Endeavor Catalyst on global VC 💰 dollars deployed - from ~90% in the US in 2003 to ~40% in 2023 - and how hundreds of #Unicorns and even #IPOs are now coming from outside the US. But I also did a 🔥 "hot take" analysis of the 2024 Forbes MIDAS List, the annual ranking of the World's Top 100 Best Venture Capital Investors. When the list was published last week, my first take was that it was amazing to see Endeavor board members and hugely important personal mentors of mine like Reid Hoffman and Nicolas Szekasy on the list. It was also cool to see Endeavor Entrepreneurs turned VCs like Santi Subotovsky and Avi Eyal. But as I started to study it a bit more, something jumped out at me. There were a lot of international investors -- and a lot of international deals -- on this year's list. In fact, by my rough count, it seems that nearly 30% of the VCs listed are outside the US, and more than 30% of the "notable deals" are. See my quick analysis below. If you want a copy of the full presentation that I gave, hit me up in the comments and I will be happy to share!

Congratulations to the 59 investors from 15 countries who have been selected to be a part of Kauffman Fellows #Class29! 🌍 I was thrilled to join the latest class of Kauffman Fellows here in Northern California last week as part of their first module to discuss "The Global State of Venture Capital" (more on that in my next post!). Being a part of the Kauffman Fellows has changed my life over the past decade as we've grown Endeavor Catalyst from $6M to $500M+ in AUM. This is one of the reasons I joined the board ~ 4 years ago, and it never ceases to amaze me the quality of human beings that this fellowship attracts! Congrats to Endeavor friends and former colleagues Eloho Omame in Nigeria and luiz guilherme manzano in Brazil, as well as Endeavor Atlanta Board Member Jewel Burks Solomon for being part of the new class, and to the rest of Class 29 as well! So amazing spend time with you last week! To check out the entire Class 29, see: https://lnkd.in/g8xWMnb5

Really looking forward to this conversation next week! Thanks Paklaunch (PL) for the invite. Ever since my first trip to #Pakistan in 2018 with Alter Global, I have been bullish on the potential in the country for great entrepreneurs to build enormously valuable, hugely successful companies over the long-term. (Shout out to Ozair A. and Jesse Sullivan for first showing me this potential!) So far, our work with Endeavor Pakistan - first under the amazing leadership of Ali Samir Oosman and now Shehryar Hydri - has shown that this potential is 100% there! 💯 Join us on May 28th (details below) for a discussion about how I've helped build 50+ Unicorns 🦄 in other Emerging Markets and why we think the teams at Bazaar Technologies, Abhi (YC S21), Postex, LAAM and Priceoye could be some of the first to do this in Pakistan over the next few years!