unbundled vc

View Original

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