Cendana Capital (@CendanaCapital) / X

Cendana Capital

2,164 posts

Cendana Capital

@CendanaCapital

Based in San Francisco, Cendana Capital invests globally in very early stage VC funds.

San Francisco

Joined January 2011

Pinned
Cendana Capital
@CendanaCapital
Mar 18, 2025
Today, we are announcing our new fund, @CendanaCapital 6. It was our fastest fundraise ever, and had interest well above our $400M hard cap. We added a handful of new institutional LPs–including for the first time, 2 public pension funds. We are particularly keen that a number of
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Cendana Capital
@CendanaCapital
Sep 11, 2023
Fundraising is an intrinsic element for most in the venture capital world, the continuous dynamic of providing opportunities to global investors with the conviction that your opportunity provides the solution investors seek. Given this hyper-competitive marketplace of ideas,
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Cendana Capital
@CendanaCapital
May 8, 2013
Great panel! RT @newscred: And now, a panel discussion with @newscred @Refinery29 @lyst and @fohrcard! Content & Commerce #contentmarketing
Cendana Capital
@CendanaCapital
Apr 8, 2019
Replying to @Samirkaji @hanayang and @KauffmanFellows
Would suggest Fund 0 can be $2-6MM as a demo fund with family offices. Thereafter, steady state ballpark parameters we see in our portfolio: $25-$35MM of capital/partner & pacing of 1 new investment/quarter. Thus a 2 GP fund with a $60MM fund doing 24 investments in 3 years.
Cendana Capital
@CendanaCapital
Dec 14, 2022
PSA to Seed VCs: be wary of potential LPs asking for a special deal on carried interest--it may send a negative signal to other LPs--and run if they are asking for a cut of the management company. We have never asked portfolio funds for preferential economics. #OpenLP
Cendana Capital
@CendanaCapital
Dec 10, 2021
It’s our first commitment to a healthcare focused fund—and our first in Austin! Very excited to work with @seanwdoolan @virtue_vc
Health systems and insurance companies are investing in first-time funds like the newly minted firm...
From businessinsider.com
Cendana Capital
@CendanaCapital
Nov 6, 2020
Great post by the team at @oper8rio Fundraising is hard, but understanding what different LPs seek is critical.
Framework: Not All LPs Invest In Emerging VCs For The Same Reasons
From oper8r.substack.com
Cendana Capital
@CendanaCapital
Apr 29, 2021
Replying to @Samirkaji
Nano funds 100%
Cendana Capital
@CendanaCapital
Dec 13, 2017
Holiday cheer = sending distributions in December! Happy holidays!
Cendana Capital
@CendanaCapital
Sep 9, 2023
Replying to @NWischoff and @chadbyers
Very happy to be your partner 💥
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Cendana Capital
@CendanaCapital
Jul 6, 2023
We are thrilled to welcome @HillaryTyree as @CendanaCapital’s new Head of Platform and Operations. Many of you know Hillary from Silicon Valley Bank, where she worked in a similar role for the bank’s emerging managers practice. For those who don't yet know Hillary, she is
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Cendana Capital
@CendanaCapital
Jul 23, 2021
We would be ranked 3rd worldwide among unicorn investors. Fully recognize that it’s thru our fund managers, but what is impressive is that they invested in these unicorns at the seed stage. We think it’s a real testament to our fund managers’ ability to find great founders!
Cendana Capital
@CendanaCapital
Jul 29, 2019
Replying to @rabois @abrams and 4 others
Let us get the data that will show a majority of these companies had a seed round with a lead investor. For fun, let’s bet $10K payable to the @HRF.
Cendana Capital
@CendanaCapital
Jun 28, 2018
Fund sizes matter. Called capital including fees need to be returned before GPs get capital. If a $25MM fund has called $25MM, 1 exit at $251MM (assuming 10% ownership) means the GP is now in the carry. x.com/dafrankel/stat…
David Frankel
@dafrankel
Jun 27, 2018
It’s easier to make money on carry if you make less on fees ... My partner @micahjay1 shares some thoughts with VCs frustrated by the current environment. buff.ly/2lC9oer