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On August 2nd - 4th, Founder Institute hosted the FounderX 2022 global summit, where the FI network gathered over 3 days for a series of fun virtual networking events, group workshops, and engaging talks from top keynote speakers across the tech and startup global ecosystem. 

The goal of FounderX was to facilitate meaningful connections and learning between the entrepreneurs, investors, advisors and leaders in our network—and the tremendous conference turnout achieved that goal, with attendees joining live from across more than 110+ countries and all 6 continents. Watch VC Lab Head of Acceleration Mike Suprovici's short talk jam-packed full of insights on the 'Closing Roadmap For New Fund Managers' in this video, as well as answer live audience questions with host and Founder Institute global EIR Martín Martinez!

The Closing Roadmap For New Fund Managers, with Mike Suprovici (VC Lab)

Mike Suprovici is Head of Acceleration at VC Lab, the Founder Institute's sister company and an accelerator specifically built to help new fund managers launch venture funds, which has already helped spawn over 200+ new VC firms since it launched 2 years ago.

Mike is also an advisor and Venture Partner; and previously, was Founder Institute HQ's Managing Director leading portfolio at the global level, as well as the Founder of Explorence, a venture funded gaming startup.

Session Insights & Highlights: 

  • What is VC Lab, and why it's the best launch program out there for prospective and new VC fund managers
  • How to formulate a strong venture capital Investment Thesis, and the key quantitative items to include
  • Why getting to 'First Close' is the pivotal milestone for any new fund managers (Fund 1), and how to get there
  • How to work through your Fund Size, LP Prospecting, Commitments, and more as a first-time fund manager

The next FounderX global conference is already in its very early planning phases, most likely to take place in mid-2023, and possibly as an in-person event. To learn more about the FounderX global summit, visit


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Graduates of the Founder Institute are creating some of the world's fastest growing startups, having raised over $1.75BN in funding, and building products people love across over 200 cities worldwide.

See the most recent news from our Grads at, or learn more about their stories at

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