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BeyondTVPI

BeyondTVPI

For LPs who want more than numbers. Subscribe for weekly insights, tools, and playbooks from a former LP.

The Reference Call That Sounds Good and Tells You Nothing

Apr 30, 2026

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4 min read

The Reference Call That Sounds Good and Tells You Nothing

When the Politician's Answer Becomes a Problem

Steffen Risager
Steffen Risager
Your Framework Is Not Your Edge. Your Calibration Is

Apr 23, 2026

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4 min read

Your Framework Is Not Your Edge. Your Calibration Is

Where Framework Ends and Judgment Begins

Steffen Risager
Steffen Risager
The Ranking Is True. But What Is The Question?

Apr 16, 2026

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3 min read

The Ranking Is True. But What Is The Question?

A ranking tells you who performed. It doesn't tell you who will. The gap between those two questions is the entire job.

Steffen Risager
Steffen Risager
The Number That Looks Great - Until You Remove Two Deals

Apr 9, 2026

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8 min read

The Number That Looks Great - Until You Remove Two Deals

On luck, repeatability and losses

Steffen Risager
Steffen Risager
Carry Drives Upside. GP Commitment Does Something Else

Apr 2, 2026

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6 min read

Carry Drives Upside. GP Commitment Does Something Else

As LPs we think mostly of returns. The GP commitment mostly sit on the other side of the equation

Steffen Risager
Steffen Risager
Co-investments: Deal underwriting or manager selection?

Mar 26, 2026

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8 min read

Co-investments: Deal underwriting or manager selection?

A framework for moving fast without re-underwriting every deal

Steffen Risager
Steffen Risager
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BeyondTVPI

For LPs who want more than numbers. Subscribe for weekly insights, tools, and playbooks from a former LP.

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