New investments paused to figure it out
Following a fundraising conversation on Friday, I am pausing looking at new investments.
The overwhelming weight of evidence is that if you want to raise a new fund you have to try and do it full time and you can't do that while full-time investing.
I am not 100% on this path yet but I need time to figure it out.
In the meantime, so as not to waste people's time, the right thing to do is to pause looking at new deals while I make a firm decision.
Apologies to anyone who has submitted a video pitch or scheduled a call I've had to postpone.
There may still be follow-ons. I will be able to speak about one of these very shortly.
I will post again when I have full clarification.
#founders #startups #venturecapital #buildinginpublic #investinginpublic