Content
@
0 reply
1 recast
1 reaction
Linda Xie
@linda
My experience running a crypto fund for 6 years Pros - get to meet and work with some of the smartest founders / teams - spend days learning many interesting things - straightforward biz model Cons - can be sharp elbows / political - a lot of fundraising / LP management if starting fund - far removed from building
9 replies
5 recasts
50 reactions
Todd Goldberg
@todd
Knowing what you know now, what would you have done differently when you were actively running the fund?
1 reply
0 recast
1 reaction
Linda Xie
@linda
Would have been way stricter with the LPs that we took on since a handful of them made up the bulk of the work (didn't have as much luxury to choose when we started but in hindsight it wasn't worth it to take some of them on)
1 reply
0 recast
5 reactions
Ben 🟪
@benersing
What made them more work than others? Did their check size influence perceived workload?
1 reply
0 recast
0 reaction
Linda Xie
@linda
Some consistently had a bunch of operational and financial ad hoc requests outside of monthly statements and annual tax/audit, some needed their hand held through the bear market (e.g. would freak out and needed calls) These were actually the smaller check amounts. The largest checks were the lowest maintenance for us
2 replies
0 recast
2 reactions
Ben 🟪
@benersing
Sounds about right. Smaller check + presumably less experienced?
1 reply
0 recast
0 reaction
Todd Goldberg
@todd
This tracks
0 reply
0 recast
1 reaction
