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Turning things around a bit why would people care enough to spend time to get a meeting with you? 30M is a tiny fund the advice you give is pretty much what all VCs say but you are wording it in a very master of universe type of language. I would be slightly surprised if Doug Leone phrased it like this but to see such wording from a small fund partner to me is already a big red flag.


Ha, I like the way you think! The truth is, most VCs are fairly undifferentiated. We provide value in a number of ways, but then again, it's hard to say why we're better than any other decent seed fund.

Another why many of our investments come through referrals. People who know how we operate as a fund and as value-add investors recommend us to companies just as much as they recommend companies to us.

Thinking of it in the other direction: our LPs invested into us based on our access and ability to get into good deals that match our fund thesis. We are able to find companies that match that thesis, and able to get founders to accept an investment. Rarely do these deals end up being the same ones that cold email us.

If you're a hedge fund with a specific strategy, you go out and specifically pick stocks, it isn't the stocks coming to you to pitch you. VC investing isn't that different. We are strategically positioned such that we hear about companies as they're fundraising and find a way to invest in the ones we like that match our thesis.




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