I'm sure this post will be helpful to the founders.
But I don't agree with #12 about Mortality because the most profitable funds have a mortality rate much higher than average funds (for example, seed funds like Index or First Round Capital). And this is because such funds are always looking for deals that will make home-run (each deal must have the potential to return the volume of the fund).
Victor, thank you!
I'm sure this post will be helpful to the founders.
But I don't agree with #12 about Mortality because the most profitable funds have a mortality rate much higher than average funds (for example, seed funds like Index or First Round Capital). And this is because such funds are always looking for deals that will make home-run (each deal must have the potential to return the volume of the fund).