Coolwater Capital, a US-based venture capital fund accelerator, has launched its program in Tokyo, Japan. The discussion highlights their three main strategies: an incubator/accelerator program, a fractional CFO service, and direct fund investments. They focus on selecting only the top emerging managers, noting that smaller funds often outperform larger ones and benefit from specialized networks. The conversation also delves into the differences between the US and Japanese VC landscapes, particularly in terms of Limited Partner (LP) composition and fundraising strategies. They recommend a phased approach to securing capital, akin to the fundraising rounds used by startups.
