BROADCASTS.com

Published: March 18, 2021, 2:22 p.m.

b'

The use of data is playing a bigger and bigger role in our everyday lives. Venture is no exception, but most of data use in VC is related to sourcing, picking, and helping founders.

My guest today, Kelsey Chase, co-founded a company called Aumni that uses granular level data contained in deal docs to help managers have a much better understanding of their portfolio positions and offer accurate, robust reporting for LPs. It was interesting to hear his perspectives on the problems that lie in reporting, and the rising bar LPs are expecting of emerging managers.

The company has raised $13MM to date, with their most recent round led by SVB.

Prior to Aumni, Kelsey was a venture lawyer at Wilson Sonsini and more recently DLA Piper.

In this episode we discuss the following topics:

02:55\\xa0\\xa0\\xa0 What was the main problem they saw in deal reporting

04:53\\xa0\\xa0\\xa0 New age of expectations for emerging managers

07:04\\xa0\\xa0\\xa0 How data that can be used to drive all aspects of investing and fund management.

08:55\\xa0\\xa0\\xa0 The rise of secondary markets, and the important of data.

11:18\\xa0\\xa0\\xa0 Analytics for LPs

13:18\\xa0\\xa0\\xa0 How role of automation in GP/LP relationships

15:31\\xa0\\xa0\\xa0 The use of software to help managers focus on investing vs. other admin.

17:40\\xa0\\xa0\\xa0How managers need to think about accuracy of ownership position?

Mentioned in this episode:

* Aumni

I\\u2019d love to know what you took away from this conversation with Kelsey. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you\\u2019d like to be considered as a guest or have someone you\\u2019d like to hear from (GP or LP), drop me a direct message on Twitter.

Podcast Production support provided by Agent Bee Agency

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com'