OM DENNE EPISODE
Most people who want to start a fund think $5 million is a big fund.
My rule is $100 million and I show you exactly why.
On this episode of Making Billions, I show you the math that decides whether you get paid. I start with my fundraise formula: trust times the transaction equals capital coming to you.
I walk you through the full launch. You’ll learn how to choose between 506(b) and 506(c), the paycheck formula that tells you how much capital you need to place to get paid, why half of 1% on $5 million is only $25,000 a year, and the four support teams every serious fund needs, including the firms I like for fund administration and compliance and why I audit every year no matter what.
I break down the three-company fund structure, the LPA, PPM and subscription documents, and the equity waterfall, including the GP catch-up most people misunderstand.
Then I share how to build urgency right into your fund documents with fee tranches, how to build a data room and flipbook that look institutional, and how an advisory board lets you rent the reputation, relationships and results you don’t have yet.
Trust is the scarce asset, not capital. Welcome to Making Billions.
Get The Fund Launch Map, Free: https://go.fundraisecapital.co/the-fund-launch-map-860536-648168-166304-294483-404065-743531-976090
Ten moves, the paycheck math and a fund plan written from your own answers, ready before your first lawyer call.
AND TO LEARN THE CAPITAL RAISING STRATEGIES AND FRAMEWORKS used by alternative asset professionals: https://go.fundraisecapital.co/apply
[THE HOST]: Ryan Miller is a fund manager, capital strategist, and former CFO turned angel investor in technology and energy. He is the founder of Fund Raise Capital and Aequor Capital Partners, and has mentored over 1,000 fund managers across private equity, private credit, venture capital, real estate, and alternative assets globally.
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DISCLAIMER: This podcast is for entertainment and general informational purposes only — not legal, financial, tax, or investment advice. Nothing herein constitutes a solicitation or offer to buy or sell any security or investment product. Past performance does not indicate future results. Always consult qualified legal, financial, and tax professionals before making any investment decision. NAME NOTICE: "Making Billions with Ryan Miller" reflects the profile and aspirations of guests featured — it is not a promise, projection, guarantee, or representation of any financial result, income, or outcome for any listener, viewer, or reader. Most individuals who consume this content do not raise any particular amount of capital, and many achieve no financial result whatsoever. "Fund Raise Capital" is a brand identifier only — it is not a promise, guarantee, or representation that any member, subscriber, or listener will raise capital, attract investors, or achieve any financial or professional outcome. This show does not constitute a business opportunity, franchise, investment program, or offer of any product or service of any kind. No part of this show should be construed as a solicitation for investment in any way. Guest views are their own and do not necessarily reflect those of the show or host. Host and/or guests may hold positions in assets discussed. This episode may contain paid sponsorships, advertisements, or endorsements. Sponsored content is identified where...