Too difficult to DD

Here's a recent reason I passed on an investment opportunity:

"The main reason is that this is hard for me to DD. I have all the information you shared but I'd need to independently verify the state of technology in this space, how big a pain point you solve, and how easy it will be to bring to market. I can't justify the time spent on that without a higher confidence level up front."

Sometimes I'm interested in what you're doing but I have to be brutal to manage my own time.

#founders #startups #venturecapital #buildinginpublic #investinginpublic


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Evening update - 9 Jan 23