Finding quality deals that drive your firm's performance is the lifeblood of every venture capital and private equity firm. Missing key opportunities that deliver an oversized return can negatively impact a fund's performance.
Here is where 4Degrees and its relationship intelligence capabilities become invaluable. 4Degrees allows you to source deals efficiently, eliminating spending countless hours manually inputting data into spreadsheets or traditional CRMs.
There are two main ways in which 4Degrees can source new deals, including:
Staying engaged with key referral sources: In the industries where your firm invests, maintaining relationships with key individuals who are valuable sources of deals is crucial. 4Degrees facilitates the maintenance and growth of these relationships, ensuring you stay engaged and connected with your most important referral sources.
Identifying your connection paths to companies: Leveraging warm introductions enhances your ability to establish connections with target companies or individuals. 4Degrees enables you to identify these connection paths, increasing your chances of gaining access and making meaningful connections.
To Stay Engaged With Key Referral Sources
With 4Degrees, you can maintain and build strong connections within your network through two main methods:
Setting up Recurring Reminders to Connect: In a venture capital and private equity context, this involves scheduling regular follow-ups with individuals who can introduce you to promising deals and ensuring your fund remains at the top of your mind when relevant investment opportunities arise.
Set up network updates and notifications: Your extensive network is a valuable asset, and 4Degrees helps you keep it active. By enabling network updates and notifications, you stay informed about key events within your network, such as promotions, new investments, job changes, and more. This information provides timely reasons to reach out to contacts, ensuring you nurture the relationship and remain engaged with them.
Here is a video on how to set up reminders on 4Degrees
How to Set up Contact Updates
Here is a video on how to set up contact updates on 4Degrees
How to Find Warm Connection Paths to Companies
Step 1:
Search for the company name on 4Degrees, if someone from your firm is connected to said company, there will be a company profile.
Step 2:
Look for the contacts in that company that are connected to someone from your firm. The circles next to a person’s names indicate who in your firm has a strong relationship with your target.
Step 3:
Once you have found the person from your firm who can introduce you to your target, you can request an introduction from them.
