Webinar
Masterclass Live! How Strawberry Creek Ventures Evaluates a Deal
Tune into an on-demand presentation hosted by Strawberry Creek Managing Partner Matt Caspari and Partner Carl Choi. In this session, you will discover the framework our team uses to evaluate promising startups, walk through the process, and learn how you, too, can invest in startups just like this through Strawberry Creek Ventures.
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Post Webinar Summary
Matt Caspari, managing partner of Strawberry Creek Ventures, presented an overview of the UC Berkeley-focused fund under Alumni Ventures, highlighting their goal of building wealth for Berkeley alumni by creating diversified portfolios of 20-30 venture-backed startups. With over 30,000 members in their community, the fund leverages the expansive Alumni Ventures network, which includes more than 600,000 alumni from top universities, to access and invest in promising opportunities. Matt outlined their rigorous investment evaluation process, which uses a scorecard methodology to assess deal dynamics, lead investors, company performance, and team quality. He emphasized their co-investor role, collaborating with well-known venture firms like Sequoia and Andreessen Horowitz. He also shared details on how their strong alumni network provides value beyond capital, aiding startups in various ways. With the current Fund 8 open for investment, he encouraged interested parties to learn more and consider joining by the upcoming closing dates, emphasizing the long-term nature and potential high returns of venture capital investing.
Strawberry Creek Ventures is Alumni Ventures’ fund for UC Berkeley alumni and friends of the community.
During this session, we will discuss:
- HomeUnderstanding the time horizon of venture investments
- HomePerforming due diligence and reviewing the typical types of materials available in a deal
- HomeWeighing some of the challenges, key risks, and how to factor those into the ultimate decision
- HomeTracking companies after investment and the purpose of portfolio monitoring
- HomeMore details about Strawberry Creek Ventures
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 presenters
Matt Caspari is a Managing Partner at Alumni Ventures, where he leads the Deep Tech, Georgetown (Potomac Ventures) and UC Berkeley (Strawberry Creek Ventures) funds. He invests in mission-driven founders developing groundbreaking technologies. His investments encompass a diverse range of sectors, including AI, agriculture, aviation, battery technology, cybersecurity, direct air capture of CO2, energy generation, longevity, and robotics. Prior to Alumni Ventures, Matt gained operational experience as a two-time venture-backed founder/CEO and as a leader of the innovation team at Nike. He was the founding CEO of Aurora Biofuels, a deep tech venture that grew to 100+ employees, secured over $100 million in funding and was acquired by Reliance Industries. In earlier roles, Matt served as a strategic management consultant at Cambridge Pharma Consultancy, later acquired by IMS Health, and gained experience on the M&A team at Bloomberg. He holds a BS in Biochemistry from Georgetown University and an MBA with a Certificate in Entrepreneurship from UC Berkeley.
Senior Principal, Strawberry Creek Ventures
Carl is a senior principal at Alumni Ventures and Strawberry Creek Ventures and brings more than a decade of experience in venture capital, corporate development/strategy, investment banking, and public equity investments. Previously, Carl was a principal at Solasta Ventures, responsible for enterprise software investments, including the future of work and climate tech. Earlier, Carl led strategic initiatives in creating economic opportunities for freelancers as a director of corporate strategy at Upwork, drove inorganic growth through M&As at Riverbed Technology, and spent time at J.P. Morgan in San Francisco. Hailing from Canada, Carl holds a double degree in Mathematics and Business Administration from the University of Waterloo and Wilfrid Laurier University, respectively, and an MBA from UC Berkeley Haas. Outside of work, Carl is an avid soccer player and a strategic board game geek.