Nick Puljic

16 posts

Nick Puljic

Nick Puljic

@NickPuljic

Katılım Ağustos 2023
232 Takip Edilen27 Takipçiler
Chris Hladczuk
Chris Hladczuk@chrishlad·
Always get on the plane.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
Our customers are our heroes. Grateful to Jonny and Level Ventures for the partnership.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
How $1B AUM Susa Turned Finance from Reactive to Proactive Susa manages over $1 billion across three fund families, ~250 portfolio companies, and institutional LPs that include top 10 banks and endowments. But they had a problem. Kenny Joo ran fund admin through a legacy provider while maintaining portfolio management and performance reporting separately in Excel. Capital calls took 48 hours. Portfolio document management was manual. And when LPs asked questions, the answer was usually "let me get back to you." "We were always stretched trying to keep multiple systems of record in sync and up to date.  We were always being reactive." -- Kenny Joo Here's why they switched to Hanover Park: 1) One platform, one truth Fund admin, portfolio management, and LP reporting live in a single system synced to the general ledger in real-time. 2) AI Agents that execute Hanover Park's AI agents don't just surface data. They take action. Bill pay requests arrive via email and AI agents create tasks and propose journal entries. Investment requests are generated from deal documents and synced to the GL. Susa’s dedicated fund admin team reviews and approves instead of creating and reconciling. 3) Speed as default. Capital calls go out the same-day. Transactions reconcile in real-time. The Result "We went from chasing numbers to actually using them. When your fund admin and portfolio management live in the same system - and AI is doing the grunt work - our fund finance becomes proactive. That's the unlock."
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Chris Hladczuk
Chris Hladczuk@chrishlad·
This is why I work 14 hours per day on @hanoverpark. All we care about is turning customers into raving fans.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
ANNOUNCING... AI Agents for KPI Reconciliation If you're a fund CFO, you know the pain: Portfolio companies send KPIs across board decks, email updates, and KPI form submissions. None of it matches and you turn into a detective. The legacy approach? Pick one source and ignore the rest. You hope for the best until your GP asks about it. Our new AI agent reads board decks, parses email updates, and reconciles them against KPI form submissions. We automatically surface discrepancies and let you choose which source to trust. Click into the financials tab. See every data source. Pick the right one. Move on. The new AI-native paradigm: 1) AI collects from everywhere 2) AI reconciles and flags conflicts 3) CFO decides with full context
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Chris Hladczuk
Chris Hladczuk@chrishlad·
We're hiring more world-class engineers! Why join @hanoverpark? 1) We 10x'ed from $1B to $10B in assets in 2025 2) We're the anti-GPT wrapper company. We built our own general ledger accounting system with 0 dependencies for the most complex investment firms. 3) Our engineering-first team includes top open-source contributors, harvard dropouts and team USA drone racers We make decisions off whoever has the best ideas. I don’t care how old you are or what school you went to as long as you love building. Stripe for payments. Ramp for expenses. Hanover Park for investments. Refer a friend to earn $10K or apply here: jobs.ashbyhq.com/hanover-park/0…
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Chris Hladczuk
Chris Hladczuk@chrishlad·
INTRODUCING... AI Email Agents for Investments If you use a legacy fund admin, you send emails with investment activity to humans to delegate work. But people miss emails and make mistakes. The 2018 SaaS version was forcing CFOs to login to a UI and waste time clicking through forms. But that's not a better AI-native customer experience. It creates more work for the customer. Our AI email agent now reads emails, classifies Schedule of Investment updates, creates tasks, and pre-populates the entire investment booking and journal entries. Our fund accounting team reviews and approves to instantly book the investment update to flow through to your schedule of investments. The new AI-native paradigm: 1) AI prepares 2) Human reviews
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Chris Hladczuk
Chris Hladczuk@chrishlad·
2025 was a big year at @hanoverpark! • $1 billion to $10 billion in assets on platform (10x) • Team grew from 4 to 22 (5.5x) • Moved offices 3x in 9 months We’re on a mission to become the default for how investment firms adopt AI for operations/finance. We’re hiring for all roles in NYC including recruiters, engineers, designers and fund accountants. Link here to apply: jobs.ashbyhq.com/hanover-park
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Chris Hladczuk
Chris Hladczuk@chrishlad·
Hanover Park crossed $10 billion in assets! We're rebuilding the financial infrastructure to orchestrate $100 trillion in global assets. Not an AI wrapper. Not a feature. Not a tool. It's predictive intelligence for the fund CFO grounded in system-of-record accounting data. But we can't do it alone. We're hiring a technical recruiter and more engineers to build AI agents to action on the most complex financial data. If that's you, DM me or email chris@hanoverpark.com.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
I’m looking for a former/future founder to become our Founding Product Lead at @hanoverpark. This role is insanely important - as you’ll shape a platform that powers $8 billion of assets. We’re building the AI-native ERP that will define private markets. This isn’t an AI wrapper slapped onto legacy systems - we built a general ledger accounting system designed for the most complex investment firms. Our AI agents already handle hundreds of mission-critical tasks for the world’s largest financial institutions. The reason we've been able to move so fast? A tight feedback loop between customer conversations and code. We will run through walls for our customers. You’re the right fit if you thrive in ambiguity, can earn the respect of world-class engineers, and want founder-level autonomy. If this is you or you know someone awesome, please reach out.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
The 100 Hour Migration - @asylumventures partners with AI-Native @hanoverpark One of the worst parts about considering a fund administration switch is migration. Everyone dreads it. But when @kenzieregent signed with Hanover Park, I told her one thing: “My goal is for you to sit back, receive updates from our team and do nothing except check the work when it’s done. I want this to be 0 additional work for you.” My promise was put to the test when the Hanover Park team received data access on a Saturday. By Wednesday, all historical financial data across capital accounts, waterfall models, historical performance, GL detail, investment detail and Limited Partner data was live. In just 100 hours, Hanover Park completed what many firms consider a multi-month migration, setting a new standard for speed in fund administration. “The pace was next level,” said Mackenzie Regent, COO at Asylum Ventures. “We expected (and braced for) the usual lag: weeks of back-and-forth, data gaps, onboarding headaches. Instead, we had full access to our data before the next workweek even ended. It didn’t feel like a migration; it felt like flipping a switch.” We treat onboarding as a product... not a project. Asylum Ventures went from cold handoff to client-ready in under 5 days. But our 100 Hour Migration isn’t just a milestone. It’s a step on the path to a 1-Click Migration future.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
When we started @hanoverpark, a smart person told me "You're dumb trying to build a multi-entity general ledger from scratch. It will take 3 years minimum." Excited to prove them wrong everyday.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
Do whatever it takes. • Sleep inside a customer’s office during migration • Endlessly pursue the best employees • Fly across the world for a pitch It's the only way to have 0 regrets. (and it's more fun too)
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Nick Puljic
Nick Puljic@NickPuljic·
@chrishlad The greatest founders move markets and take every opportunity
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Chris Hladczuk
Chris Hladczuk@chrishlad·
In 2008, Airbnb tried raising $150K at a $1.5M valuation. But a VC rejected them because “the market is too small”. Today, Airbnb is worth $80 billion. The greatest founders expand their market.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
Last week, I spent 60 minutes with the Director of Finance at a $1.5B VC firm. What he said about our product surprised me... “I can’t believe you cared enough to do this.” I was explaining to Tim (no his name is not actually Tim) that we have a strict product principle at Hanover Park: “Everything you see must be exportable to Excel.” Too many products for finance people try show fancy UIs. But everyone in finance wants the flexibility to take your UI and export it to Excel. So every screen inside our app is exportable. But we didn’t stop there. As an ex-investment banker, I always hated when Excel sheets were hardcoded. How do you trace the work without formulas? So we made an insane effort to show every export to excel with formulas linked across tabs such as trial balance categories linked to the balance sheet categories. The tiny details matter to me. And it shows our customers that we care.
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Chris Hladczuk
Chris Hladczuk@chrishlad·
How @hanoverpark unlocked 20x faster financial reporting for NYC VC firm Steel Atlas: Challenge: Steel Atlas relied on a legacy fund admin that operated on a 60-day reporting cycle. This 2 month delay stuck GPs and LPs with stale data and constant deadline fatigue. We migrated over Steel Atlas to deliver 2 critical financial reporting improvements: 1) Automated Schedule of Investments Workflow = cuts excel and email back and forth with the magic moment of automatically creating and saving down folders with investment evidence support to be audit ready 2) Automated Financial Reporting = our accounting system automatically generates complete Excel financial reporting workbooks with formulas linked across sheets for traceability. No other provider offers the flexibility of real-time visibility on financials inside the UI combined with automated Excel financial reporting with formula traceability. What used to take fund accountants weeks updating multiple separate systems and copying and pasting outputs into spreadsheets is now generated instantly and accurately, drastically reducing manual work and errors. This frees up Steel Atlas’ fund accounting services team to be hyper responsive to any additional work streams that pop up. The Result? Hanover Park delivered Steel Atlas’ quarterly financial statements for approval within 3 days of quarter-end (versus ~60 days before). A 20x improvement.
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