Raising Common Magic I

When fundraising, it’s important to raise just the right amount. As Katrina Lake has pointed out, raise too much and the freedom to allocate resources to every project and idea could distract the management team from understanding the real issues that are blocking growth in the core business. Raise too little and the constraints could put undue pre

This journey is full of ups and downs. You may get to your billion-dollar outcome on your first try, but it’s more likely to happen on your second, third, or tenth. For the aspiring VC, my recommendation is to take a people-centric view: create a portfolio of people rather than companies. Invest in people back-to-back in their various endeavors.