20VC: What Metrics LPs Really Use To Measure Manager Success, Why 10 Year Fund Structures Really Do Not Work & Why Venture Is So Similar To The Movie Business with Will Porteous, General Partner @ RRE Ventures
This podcast episode features a conversation with Will Porteous, General Partner and COO at RRE Ventures, a leading venture fund in New York. Will discusses his background and how he entered the world of venture capital, emphasizing the importance of talent in the early-stage venture business. The discussion highlights the role of talent in the venture capital industry, the assessment of founders, and the need for changes in fund structures to provide liquidity for investors and enable investment in game-changing sectors and companies. Additionally, the episode explores the transformative potential of location awareness and its impact on consumer experiences, as well as the importance of creating a supportive work environment in media companies to attract exceptional creative talent and drive value creation.