Giving Thanks (+ some light reading for the holiday)
Happy Thanksgiving from all of us here at Stage 2 Capital
Happy Thanksgiving!
No questions or answers or answers this week, just a heartfelt thank you.
First, a thank you to the 50+ Stage 2 LPs who have joined me in answering questions over the last year. This incredible group of operators continues to astound me with their knowledge, experience and willingness to dive in and help.
Second, a thank you to my partner, Mandy Cole, for jumping on the substack bandwagon and contributing a whole new series - GTM AI. The rate at which we are learning in GTM right now is unprecedented and her real-world AI examples have quickly become a favorite read for both me and our readers.
And speaking of readers…THANK YOU! Thank you for another year of reading, engaging, asking questions and sharing our content!
If you are looking to dig into some content this holiday weekend, here are 5 of my favorite posts from this year:
Have a question? Interested in contributing? I’d love to hear from you - liz@stage2.capital!
Until next week!
This kind of gratitude post reveals something important about how Stage 2 is building community. Having 50+ LPs actively contributing answers throughout the year isn't just about access to capital, it's about architecting a feedback loop where practitioner knowledge gets systematically captured and redistributed. Most VCs struggle to activate their LP base beyond capital calls. The fact that Mandy's GTM AI series quickly became a reader favorite also suggests you're hitting atiming window where operators are hungry for real implementation patterns rather than just hype. What's less obvious but valuabe is how this model creates defensibility, the more your LPs contribute, the more invested they become in both the fund's success and the knowledge ecosystem itself.