NextGen Ventures About Us

What’s the flex we should be most proud of?

• Writing SAFEs before we've even written a full-time job contract for ourselves

• Having the opportunity to be the first cheque in for ambitious student founders

• Convincing LPs to give money to us with near zero full-time VC experience

• Having the largest fund size of any student-run VC globally

What is our target fund size?

• $250k

• $1m

• $2.5m

• $10m

Which of the following are NextGen values?

• Radical Ownership

• Intellectual Dishonesty

• Embracing Curiosity

• Fake It Till You Make It

How many cheques do we aim to write per year?

• 5

• 10

• 15

• 30

What instrument do we primarily use to invest?

• Convertible Note

• SAFE

• Priced Round

• Handshake agreement

What's our mission statement?

• Empowering students through venture capital to drive innovation

• Backing the next Zuck to make us and our investors rich

• Investing in students to create a better tomorrow for our investors

• Empowering the next generation of student founders before anyone else

What must a startup have for us to consider investing?

• An outlier spike in a certain dimension (e.g. traction, 10x, product)

• A ChatGPT-generated pitch deck with the words "AI-powered" on every slide

• At least $50k in revenue or $100k in MoUs

• At least 1 founder currently at uni or has been in the past 24 months

• At least 1 founder with a CompSci degree and from a top 6 university

What is our average cheque size?

• $100k

• ~$70k

• $650

• ~$50k

• $55k

Who are our advisors?

• Niki Scevak

• Paul Naphtali

• Bec Rozencwajg

• Andrew Nash

• Melanie Perkins

Which of the following are NextGen values? pt. 2

• We wear t-shirts

• Humans First

• Grow a garden of tall poppies

• We believe in love at first sight

• Do something our kids are proud of