Masterclass
Practice Drills: Structuring a Micro VC Fund's Investment Thesis
A hands-on drill course for family office investors, syndicate leads and emerging fund managers, and institutional allocators who back first-time funds. Working on one sample INR 150 crore Category I venture capital fund, you will turn a sector hunch into a written investment thesis that an LP can test: size the fundable pipeline bottom-up, define the wedge and prove the why-now with Indian data, build the portfolio construction model from fund size to cheque size to reserves, run the power-law math that shows what the best outcome must return, write the investment criteria and decision rules, score sample deals against the thesis, and finish with a two-page thesis memo stress-tested against the objections Indian LPs actually raise.
Venture Capital Investment ThesisCategory I AIF Venture Capital FundsPortfolio ConstructionPower Law Return MathLP Due Diligence
MODULES
5
DURATION
~3.3 hrs
TRACK
Alternative Investing
What You'll Master
How to separate a real investment thesis from a sector slogan, using the questions an LP's investment committee asks
How to size a fundable deal pipeline bottom-up instead of quoting a top-down market size
How to define a defensible wedge of sector, stage and geography, and back the why-now with verifiable Indian data
How to build a portfolio construction model: investable capital after fees, initial cheque count, ownership targets and follow-on reserves
How to run the power-law math that shows what the fund's best outcomes must return for the fund to deliver 3x net
How to write investment criteria, score live deals against them, and turn the whole thesis into a two-page LP memo
Access Level
PRO
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates
Curriculum Breakdown
Chapter 1: Setting Up the Drill
2 Lessonsโถ
The Drill Brief: What a Micro VC Thesis Must Prove Before an LP Commits13 min read
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Drill: Separating a Thesis From a Sector Slogan14 min read
Chapter 2: Market, Wedge and Why Now
3 Lessons๐
Sizing the Fundable Pipeline Bottom-Up, Not the Market Top-Down16 min read
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Defining the Wedge: Sector, Stage, Geography and a Provable Edge15 min read
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Drill: Stress-Testing the Why-Now Against Indian Market Data15 min read
Chapter 3: Portfolio Construction Math
3 Lessons๐
From Fund Size to Investable Capital: Fees, Expenses and Recycling15 min read
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Cheque Size, Ownership Targets and Follow-On Reserves16 min read
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Drill: Power-Law Math for a 3x Net Fund17 min read
Chapter 4: Sourcing Edge and Decision Rules
3 Lessons๐
Proving Sourcing Access With a Deal Funnel, Not a Claim14 min read
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Writing Investment Criteria and Anti-Portfolio Rules14 min read
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Drill: Scoring Five Sample Deals Against the Thesis17 min read
Chapter 5: Putting the Thesis in Front of LPs
2 Lessons๐
What Each Indian LP Type Tests in a Thesis14 min read
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Capstone Drill: Writing and Defending a Two-Page Thesis Memo20 min read