Track record audit
How to catch problems in track record slides
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Track Record Audit
Happy Thursday! 👋
Everyone agrees that a track record is important, and I agree - there’s a reason why I put it in the first pillar of LP investing. It might even surprise you that I think it’s more important (from the perspective of an LP) than analyzing the property itself, which is the third and last pillar.
Today I’ll discuss what I personally look for in track record slides, as well as give 3 examples of how a track record slide might not be as great as it appears.
If you’re an LP, this will teach you what to look for in an investment.
If you’re a GP, this will help you present yourself in the best way possible.