EP 23: How AVG Became One of the Most Active VC Firms in the World

Tom "TK" Kuegler | CIO at Alumni Ventures Group

Tom “TK” Kuegler, Chief Investment Officer at AVG, explains how venture investing works and how AVG quickly became one of the most active venture capital firms in the world.

TK Quote about Venture Capital

Subscribe to Founders and Funders on iTunes, TuneIn, Stitcher, Google Play, iHeartRADIO, and Android Podcast Players.

Disclaimer: This is not a solicitation to sell securities, which is only done through appropriate disclosure documents and only to appropriately qualified investors.

Episode Summary

Tom “TK” Kuegler, Chief Investment Officer at AVG, is back on Founders and Funders to explains how AVG became one of the most active VC firms in the world, in just a few short years. He also gives a brief introduction to venture capital, given that many accredited (and soon-to-be accredited) investors joining the AVG network are new to this asset class.

In this episode, TK answers a few frequently asked questions, including:

  • Why is it essential to be an accredited investor to access venture capital?
  • Why does adding venture capital to an investment portfolio makes sense?
  • What should investors expect after writing that first check?

TK says that AVG investors own (or will own) a portfolio of 20-30 investments across stage, geography, and industry, regardless which of the firm’s 25 funds they’ve invested in. That includes AVG’s core alumni funds; focused funds like the First Check Fund, Blockchain Fund, and Women’s Fund; and “index-like” funds such as Select and Total Access Fund. Putting together all that activity, AVG has invested in roughly 200 portfolio companies, with many more deals in the works. This investing pace ensures the firm will to continue to be comfortably listed among the world’s most active venture firms.

Listen to this episode for a better understanding of what venture investing can do for your portfolio, or to learn more about the opportunity created by AVG. And if you want to hear more “TK-isms,” listen to his earlier episode on why sales is an essential business skill for every entrepreneur.

Subscribe to Founders and Funders

Founders and Funders is a podcast where we discuss how entrepreneurs and investors work together to build great companies. Our guests — many of whom are connected with AVG as entrepreneurs, investors, managing partners, and fellows — are invited here to talk about the journey of building companies from incubation to early-stage investing and beyond.

Subscribe to Founders and Funders on iTunes, Founders and Funders on Android, Stitcher, TuneIniHeartRADIO, and other popular podcast channels to find more fascinating stories and insights from the entrepreneurs and investors who comprise the Alumni Ventures Group community.



Ready To Join The AVG Community?


Related + Next Steps

 
 
EP 30: Former NASA Engineer Launches His Own Rockets to Protect Our Planet
Payam Banazadeh | CEO and Founder of Capella Space
The disappearance of Malaysia Airlines Flight 370 and the ensuing confusion deeply troubled Payam Banazadeh, a Stanford grad and former NASA satellite engineer. So he created Capella Space.
 
 
EP 40: Gender-Lens Investing is More Than Just Backing Women-Owned Businesses
Suzanne Biegel and Gail Gilbert Ball | Gender-Smart Investors
Suzanne Biegel (founder of Catalyst at Large) joins Gail Gilbert Ball (Managing Partner of AVG Women’s Fund) to discuss how investors can back socially conscious entrepreneurs while making a profit.
 
 
How An Alumni Connection Led AVG to Sapho—Which Was Acquired for $200M
Ryan Burleson | Producer, Founders & Funders
In this segment, Founders & Funders producer Ryan Burleson tells the story with help from Mike Collins and Green D’s current investment team, Managing Partner Laura Rippy (D’89) and Partner Lacey Johnson (Tuck ’13).