🎉 Today is a 𝐁𝐈𝐆 day as @joinallocate turns 3! 🎉 Below is a picture taken just one week after we closed our seed round. When we started Allocate, it was based on a decade long observation of the broken nature of private markets for investors. Our goal was to build a private market engine that drove the transparency, ease, liquidity, and access historically seen only in the public markets. It’s still early days, and like all startups, we've learned a lot from our customers, partners, investors, and each other along the way. Solving difficult problems is hard, and building a startup is an all-consuming experience—you wake up and go to sleep thinking about it EVERY DAY. Days blend into each other, highs and lows are the daily price of admission, and things usually take longer than you’d like. But these are all things you start to embrace, loving the thrill of building something that could positively impact many people. After 22 years working in the corporate world at organizations that, despite being excellent, I couldn’t imagine not working at a startup ever again. We’re excited to announce new products soon, and to date, we've been fortunate to grow with the support of: • 46 full-time employees • Over $33MM in funding, including @M13Company @SignalFire @BasisSet @fikavc INTERA Investments @michaelsidgmore @michaelbatnick @UrbanInnoFund @tuskventures @anthemis @bedrock @uluventures @monochrome_vc @SupernodeVC @Liquid2V @unshackled and others As we move into our 4th year, we know the real hard work is just beginning and there will be lots of challenges ahead. We sincerely appreciate everyone who has supported us, especially those who were there at the beginning like in the picture below.

A Data driven thread on the state of VC today, which we characterize as a "Tale of Two Cities" So much data seemingly conflicts of whether things are "back" or whether things are dire (Hint: It's both, but with qualifiers). It's a long thread, but packed with data 🧵

While private markets have grown exponentially ($13T today), the infrastructure for enabling it across investor types (and particularly VC) is still MS-DOS level. Over the last two years of building @joinallocate I've been shocked to see how antiquated the software is for GP/LP

VC is not a monolith, yet we see it defined as such (from pre-seed to crossover). This leads to incomplete analysis by LPs on the types of funds to back. Growth, large brands, and seed should be viewed as different asset cats w/unique risk/return/time to liq characteristics

We (@joinallocate) just hosted our inaugural Beyond Summit catered to fam offices. The focus was on VC & innovation, and we were joined by 130+ attendees. With so much negativity in the markets, was great to see so much positive energy about the future of innovation. @hanayang

Its been just under two years for us at @joinallocate and we have a new website! We are thrilled to help make venture more transparent and accesible. Thanks for all the support and getting the word out! allocate.co