Homebrew’s Second Annual LP Meeting: Why We Do Them

Last week Homebrew held its second annual LP meeting, coinciding with our second anniversary as a fund. The agenda was very similar to 2014’s, which I discussed last year inthis post. Now that we’re another 365 days in, thought I’d add (a) what’s different about a Year Two annual mtg vs Year One and (b) why we think annual meetings are valuable to Homebrew.

What’s Different in Year Two

  • Follow-On Decisions Become Part of Agenda: Since a fund in Year Two is still in value creation, not harvest, mode, the trajectories…