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Linas's Newsletter

The Best VC Template You’ve Never Used 🧠

A data-driven model for early-stage VCs who want to invest with conviction - not guesswork 💸

Linas Beliūnas's avatar
Linas Beliūnas
Aug 04, 2025
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👋 Hey, Linas here! Welcome to another special issue of my daily newsletter. Each day, I focus on 3 stories that are making a difference in the financial technology space. Coupled with things worth watching & the most important money movements, it’s the only newsletter you need for all things when Finance meets Tech. If you’re reading this for the first time, it’s a brilliant opportunity to join a community of 350k+ FinTech leaders:

Seed-stage portfolio construction is hard. But getting it wrong? Even harder to recover from.

Since joining EQT Ventures as a Venture Advisor, I’ve seen how top funds build dynamic, flexible models that evolve with every deal, LP update, and market shift.

That’s why today I’m sharing one of the best VC portfolio construction models I’ve ever found. It’s a practical tool designed to help you:

→ Think holistically

→ Adapt on the fly

→ And model every outcome before you deploy a single dollar

Whether you're an emerging manager or an operator-turned-VC, this template will save you weeks of financial modeling - and help you sound 10x sharper in LP conversations.

Here’s what’s inside:

  • Dynamic Return Modeling. Simulate various portfolio outcomes with real-time feedback on cash runway, DPI, and capital recycling.

  • Flexible Assumptions. Adjust check sizes, follow-on strategies, conversion rates, and more to match your investment thesis.

  • Actual Data Integration. Plug in your real deals to see how projections evolve as your portfolio grows.

Bonus: The Ultimate VC Financial Playbook with:

  • LP Close Tracker

  • Management Fee Calculator

  • Risk-Adjusted Return Framework

  • Full Fund Budget Sheet

These are the resources I wish I had when I first got familiarized with the VC world.

Use it to sharpen your edge, impress your LPs, and build a fund strategy that actually scales. Let’s dive in:

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