It's 2026. Your SaaS portfolio is melting, the marks are due, and the LPs are calling. You're the operating partner.
Make 10 calls on triage, AI value creation, exits, and your LPs — and try to return the fund. Every choice moves your marks, DPI, LP confidence, portfolio health, and reputation.
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It's a game, but the lessons are real.
The smart choices are what real PE & VC operating partners do to save a portfolio. The worst are the mark-protecting denials that end careers.
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Aim to raise Fund III.
Tank it and you'll keep nothing but the quarter-zip and a Bloomberg story you didn't want.