In the current venture capital climate, companies have more options, and investors must compete to see the best deals, win them, get bigger allocations than their peers, and achieve a return on investment. This competition has created a critical need for investors to differentiate themselves. Those early in their venture capital career trying to establish a track record, and emerging managers who’ve not yet reached legacy fund status, have to work even harder to rise above the rest, let alone to become a legacy fund themselves.