Venture Capital Support
Diligence & Governance for Direct Venture Investing
Family offices investing directly in venture-stage companies need independent validation, portfolio oversight systems, and governance frameworks that don't depend on fund managers or syndicate leads. Kincaid provides conflict-free analysis and board-ready artifacts without chasing deal flow.
Pre-Investment Diligence
Independent validation before capital commits—financial, operational, and governance risk assessment.
- •Financial forensics: Revenue quality, burn analysis, capital efficiency metrics
- •Operational reality check: Team capability, product-market fit evidence, execution track record
- •Governance structure: Board composition, decision rights, founder control dynamics
- •Risk mapping: Regulatory exposure, IP ownership, customer concentration
- •Management claims validation: Independent verification of growth projections and market positioning
Portfolio Oversight Systems
Long-horizon KPI frameworks that track what matters—not just what founders want to report.
- •Standardized metrics: Consistent KPI definitions across portfolio companies
- •Early warning signals: Leading indicators of burn risk, customer churn, or market misalignment
- •Governance tracking: Board meeting quality, decision documentation, fiduciary compliance
- •Quarterly validation: Independent review of management-reported data
- •Exit readiness: Continuous assessment of strategic options and valuation defensibility
Board & Council Representation
For family offices taking board seats or observer roles, Kincaid provides independent preparation, governance documentation, and fiduciary risk analysis.
Pre-Board Preparation
- Material review and risk flagging
- Independent data validation
- Question frameworks for management
Meeting Documentation
- Decision audit trails
- Fiduciary record-keeping
- Governance compliance tracking
Risk Monitoring
- Conflict identification
- Regulatory exposure assessment
- Exit scenario planning
What We Don't Do
- ✗Deal sourcing: We don't chase deal flow or take finder's fees
- ✗Fund management: We don't manage venture funds or SPVs
- ✗Investment banking: We don't structure transactions or broker deals
- ✗Placement services: No commissions or success fees—ever
Why Independence Matters
- ✓No conflicts: Fee-only structure with zero financial incentive to recommend any deal
- ✓Objective analysis: Evidence-first methodology that challenges narratives
- ✓Fiduciary alignment: Our reputation depends on accuracy, not transaction volume
- ✓Long-term thinking: Built for multi-decade capital stewardship
Typical Engagement Model
Discovery & Scoping
Understand your investment thesis, portfolio structure, and governance requirements
Diligence Framework
Custom frameworks for your risk tolerance and investment strategy
Ongoing Support
Portfolio monitoring, board preparation, and governance tracking
Start a Confidential Conversation
If you're a family office principal, CIO, or trusted advisor exploring how to strengthen venture diligence and portfolio governance, we welcome a confidential discussion.
