
Craft Ventures V: What David Sacks First Fund Since the White House Signals for LPs
TL;DR: Craft Ventures filed a Form D with the SEC on August 7, 2026 for Craft Ventures V, LP, an indefinite-size venture capital fund that people close to the raise say is targeting roughly $1...
August 13, 2026

On-Chain Private Credit: How Blockchain-Settled Fund Structures Actually Work (and Where They Don't)
TL;DR: Putting a private credit fund on a blockchain speeds up settlement and makes NAV updates more visible, but it does not turn illiquid corporate loans into a liquid asset. Apollo's ACRED and...
August 13, 2026

Private Credit Is Financing the AI Datacenter Boom. Here's the Concentration Risk Nobody's Pricing.
TL;DR: Private credit funds are underwriting the AI datacenter boom by lending against GPUs and hyperscaler contracts, and the industry is pitching it as diversified, asset-backed credit. It is not....
August 13, 2026

Foreign LPs Are Now the Majority Check-Writers in Seed-Stage India Funds. Here Is the Data.
TL;DR: Aum Ventures closed the first tranche of its India Innovation Fund II at roughly ₹225 crore (about $23.6 million), and more than 65% of that money came from foreign limited partners in the US,...
August 13, 2026

The 45-Day 1031 Exchange Clock: A Section-by-Section Survival Checklist
TL;DR: The 45-day identification deadline in a Section 1031 exchange is absolute. There is no extension for a slow closing, a lost contract, or a holiday weekend, per Treasury Regulation §1.1031(k)-1...
August 13, 2026

Medalist Diversified's Debut DST Just Closed. Its NASDAQ Listing Is the Real Story.
TL;DR: Medalist Diversified, Inc. (NASDAQ: MDRR) closed its debut Delaware Statutory Trust offering on August 7, 2026, raising $8,586,240 in equity from accredited 1031 exchange investors against a...
August 13, 2026

Why Institutional Language Can Hurt a Small Fund Raise
I've sat across the table from GPs who opened their pitch with "our differentiated, value-add approach to sourcing proprietary deal flow." Thirty seconds in, and the LP across from them had already
August 12, 2026

The Soft Skills That Kill Hard Raises.
The Soft Skills That Kill Hard Raises Most people think a hard raise gets won on the spreadsheet. It doesn’t. Serious investors do not just underwrite your market, your terms, or your upside. Rese
August 12, 2026

LPs Can Smell Delegated Conviction.
I sat across from a first-time GP three years ago who answered every question the exact same way his placement agent had coached him to. Word for word. When an LP asked a follow-up that veered...
August 12, 2026

Stop Chasing More Investors. Fix the Leaks in Your Raise Process.
If you are asking why your capital raise stalled, start with this uncomfortable truth: more investor meetings will not rescue a broken process. Most founders and fund managers assume weak fundraising
August 12, 2026

The Data Room Audit That Prevents Second-Meeting Drop-Off
The Data Room Audit That Helps Prevent Second-Meeting Drop-Off In my experience, LPs rarely tell you the data room is why they cooled off. They’ll say timing changed. They’ll say they need to revisit...
August 12, 2026

The LP Update Cadence That Makes You Look Institutional Before You Are
The LP Update Cadence That Makes You Look Institutional Before You Are Most emerging managers think credibility is built in the meeting. It is not. A lot of trust is won or lost in the silence...
August 12, 2026