Starting a venture fund commits you to 10-12 years whether you like it or not
“If you're gonna do deals and your friends wanna co invest alongside you, try that for a while.”
I would start small and simple. Yeah. If you're gonna do deals and your friends wanna co invest alongside you, try that for a while. It doesn't lock you in if you only find a couple things. If it turns out you don't like it, it is much easier to tweak and walk away from something that's a little bit less structured. Once you start a venture fund, you're pretty much committed for ten to twelve years to managing that thing out, whether whether you enjoy it or not.
About this clip
A venture investor advises aspiring fund managers to start with informal co-investing before launching a formal fund. The key insight is that once you raise a fund, you're locked into managing it for a decade or more, so it's better to test your interest through less structured arrangements first.
Why this clip
Provides actionable guidance on how to test venture investing before making a major decade-plus commitment.
What they said next
This founder got 9 people to work full-time for a year with zero pay
4:39 - 23s · framework
More from this episode
Similar clips from other shows
From the blog
Want clips like this for your podcast?
We find your top 5-8 clips, write the hooks, and deliver ready-to-post content. First 2 episodes are free.
Get 2 Episodes Clipped Free