<ul data-eligibleForWebStory="true">The VC-LP relationship is crucial in the world of venture capital, with VCs aiming for long-term commitments from investors and founders.Raising a venture fund is a challenging journey that demands salesmanship, tenacity, and a unique competitive edge.Selecting the right LPs is vital, requiring an understanding of their preferences, investment size, and expectations.The fundraising process involves roadshows, well-prepared data rooms, and potentially utilizing placement agents for connecting with investors.