Reletter
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New media, research, community for emerging VCs.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues34Foundeda year agoLast Issue11 days ago
Active

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Artwork for Murph Capital

Latest Issues

Edition #15: H1 2026 State of Fundraising, GPs Backing GPs Map, Our Private Villa Event in SF

Hey folks,

This is Pavel and welcome to the 15th edition (July, 2026) of Murph Capital newsletter.

This is my monthly brain-dump of the most useful stuff I’ve come across as an operator in the emerging GP/LP world.

Follow me on X and Lin...

11 days ago
6

State of VC Fundraising: Q2 2026

Since we launched Murph a year ago, we’ve been tracking every VC fund that either announced a first close or a total close in public, been publishing the list of these funds for free on our website and folding a short version into our month...

13 days ago
16
1

Emerging Manager Q&A: Robin Haak about €15M Robin Fund II

Hey folks,

This is Pavel, welcome to a new edition of our Emerging Manager Q&A where we dive into the stories of fund managers who’ve recently closed their funds and ask them 10 rapid-fire questions about what it actually takes to raise LP...

a month ago
9
1

Edition #14: 37 New Funds, 1000 Fund Managers Mapped, DPI Benchmark

Hey folks,

This is Pavel and welcome to the 14th edition (June, 2026) of Murph Capital newsletter.

This is my monthly brain-dump of the most useful stuff I’ve come across as an operator in the emerging GP/LP world.

Follow me on X and Lin...

a month ago
6

Are Mega-Funds Taking Over Seed?

A month ago I posted a tweet with a pretty simple question: are mega-funds actually taking over Seed or does it just feel that way? 65,000+ impressions and a few hundred DMs later, it was clear the question had hit a nerve.

Emerging manag...

2 months ago
18
6

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Authors

The writers behind this newsletter.

  • Pavel Prata

    Founder @ Murph Capital

  • David Zhou

    Professional idiot. Have a podcast where I get to ask dumb questions to smart allocators.

  • Sharan Jhangiani

    Founder at Cura (https://cura.inc)

  • Laurie Owen

    Refinery Media is a marketing partner for VCs. Working with funds totalling $25B+ AUM, 1M+ followers, and 15M+ impressions. Check the links for weekly posts not on substack ✌️

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