Webinar
An Introduction to Allen Street Ventures
Watch an on-demand presentation on Allen Street Ventures, Alumni Ventures’ fund for Penn State alumni and friends of the community. The discussion is led by Managing Partner Ray Wu.
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Post Webinar Summary
In this presentation, the speaker introduces Allen Street Ventures, a fund designed for Penn State alumni and the broader community. The speaker, a managing partner of Alumni Ventures with extensive experience in venture capital and corporate ventures, outlines the purpose of the webinar, emphasizing that it is informational and not a solicitation to buy or sell securities. They explain venture capital as an investment in private companies at early stages, highlighting its potential for high returns due to the value created before companies go public. Alumni Ventures, described as America’s largest venture firm for individuals, has raised over $1.25 billion and invests in 20-30 companies per portfolio cycle, focusing on diversifying investments and supporting the Penn State community. The speaker discusses the benefits of venture capital, such as tax efficiency and uncorrelated returns with public markets, and explains the firm’s investment process and co-investment strategy with other well-established VCs. The presentation also touches on the firm’s growth, the performance of Alumni Ventures compared to public indexes, and the specifics of the investment terms and benefits, such as loyalty rewards and fee reductions for early commitments.
During the session, we discussed:
- HomeThe goal and structure of the fund
- HomeThe value of the Alumni Ventures' model
- HomeSome examples of current portfolio companies
- HomeThe benefits of diversifying into venture capital
- HomeThe minimum requirements needed to invest in the fund
About Alumni Ventures
Top 20 VC Investors in North America (2024)
#1 Most Active Venture Firm in the U.S. (2023)
#1 Most Active Venture Firm in the U.S. (2022)
World's Most Innovative Companies (2022)
Note: You must be accredited to invest in venture capital. Important disclosure information can be found at av-funds.com/disclosures.
About your presenter
Ray is a seasoned venture capitalist with over 20 years of investing experience across a wide range of industries and geographies. Before joining Alumni Ventures, Ray was a partner and adviser at several global venture funds focusing on AI, Web3, FinTech and SaaS investment opportunities across the U.S. and Asia Pacific. Earlier, he spent more than 10 years in the corporate venture space: He was the managing director of HP’s new business ventures, responsible for startup technology evaluation, new business incubation, VC relationships, and minority investments, and earlier at Cisco Systems, holding several senior positions leading investment, M&A, internal incubation, and global consulting. Previously, Ray was a managing partner of a leading Internet consulting firm working with Fortune 1000 companies across North America. He earned a dual MBA degree from the University of California, Berkeley and Columbia University.