Kauffman Fellows Program

From idea to IPO, principal to partner, LP to GP and beyond — the Kauffman Fellows Program helps decision makers become better investors and navigate uncharted territory.

We're anchored by a two-year program designed to radically accelerate innovator success through self-reflection, peer learning, and a structured curriculum. 

Learn from the world’s top 1% investors, educators, and innovation leaders

We drive the conversation on industry trends and guide Fellows to lead the way for a greater VC industry.

The Kauffman Fellows Program challenges investors to grow their understanding of the greater venture capital ecosystem and the most meaningful impact they can make with their array of talents.

Two-Year Program Curriculum

20% Workshops Led by Expert Facilitators
40% Key Notes & Lectures by Industry Experts
40% Peer Learning & Sharing Experiences

2-Year Program Core Themes

Manage Yourself

By being aware of your strengths and areas for growth, you can become a thought leader and a role model.

Manage Your Thesis: Investment Thesis, Strategy and Portfolio Construction

Build a comprehensive investment thesis and strategy aligned with your portfolio construction to invest in world-changing entrepreneurs. Build an intentional sourcing and referral network and personal brand.

Manage Your Investment Process: Sourcing, Picking and Winning

Define your investment process. Build a comprehensive investment judgment and tools to remove your personal biases.

Manage Your Portfolio

Become a mentor, supporter, and effective board member to provide unique value to entrepreneurs in your portfolio who thrive through your support.

Manage Your Firm: Fund, Firm, Franchise, Succession, and Legacy

Build a VC firm with your partners that consistently produces top returns and redefines the best industry practices. Define a succession plan. Build your legacy above and beyond returns.

Cross Module Content: Manage the LP Cycle

Build an intentional LP strategy for attracting, including differentiation, track record, and fund economics, and for retaining, including reporting, valuation policies, LPACs, and LPA dynamics.

Program Details

What it Entails

Five In-Person Modules

Four days in SF of NYC consisting of peer-to-peer sessions, speaker-led sessions, and structured and unstructured time for building deep and authentic relationships.

One Global Summit

Every two years, we organize a Summit with ~300 Fellows in attendance. It marks one of the most significant events for venture capital managers worldwide. You are expected to attend the Summit during your Fellowship to graduate, but attendance is optional after the two-year program.

Two Treks

Treks are an opportunity to connect and learn more about a specific regional hub, such as Singapore, Dubai, Munich, Tokyo, Sao Paulo, and others in the future. You’ll meet entrepreneurs, VCs, and LPs in that region and join ~60+ Fellows on the Trek. You are expected to attend at least two treks throughout the program. After the program, attendance is optional (limited space).

Thought Leadership Project

Similar to a mini-thesis, you will select a research topic and deliver a research paper, industry report, investment thesis, a new fund idea, podcast, or blog series.

24 Forums

Each month, you will meet with your Forum (small groups of 6-7 Fellows who connect in a confidential and trusted environment to facilitate self-directed and supportive learning).

Mentors

Before Module II, you will need a mentor, either someone from your network or someone assigned from the Kauffman Fellows network. This person’s role is to support your Kauffman experience and professional career. You can discuss issues affecting your career and personal success beyond acquiring specific skills and competencies.

Pathways (Optional)

Fellows can join extracurricular virtual sessions in a curated peer group to dive deeper into tactical challenges. The curation is done according to geography, stage, sector, or seniority

Class Design
Each class is composed of senior leaders in the capital formation ecosystem from varying areas of expertise. Venture capital investors form the bulk of the class, but we purposefully design a class with investors in a variety of fields such as private equity, family offices, accelerator funds, sovereign wealth funds, corporate venture, and angel networks.
Explore Class Composition
“In venture, as in life, there’s no playbook. Conviction and intuition are the most reliable tools — all areas the Kauffman Fellows program focuses on sharpening.”
Varun Malhotra
 (Kauffman Fellows Class
Class 25
)
Partner
Quona Capital
“It’s transformative to learn with and from the incredible investors in the Kauffman network. I'm so thankful for our amazing discussion leaders who have helped refine my approach to deal sourcing, portfolio construction, fund strategy, and so much more.”
Julia Klein
 (Kauffman Fellows Class
Class 27
)
Partner
March Capital
“I got to pause, reflect, and decide not ‘who I am’ — but who I want to be. It felt almost as if I was invited to rebirth myself, with my adult perspective and all of my experiences. This was life-changing. Re-evaluating who you are and why is a gift.”
Lisa Calhoun
 (Kauffman Fellows Class
Class 23
)
Founding Managing Partner
Valor Ventures
“The program has been transformational for me, both as an individual and as a leader. The Kauffman concept of “behavioral fitness” helped me understand that the habits I’m learning are going to set me up for the rest of my career.”
Sarah Burch
 (Kauffman Fellows Class
Class 25
)
Rippleworks Expert-in-Residence
Rippleworks