Ertan Can

Fundraising #75

7y ago, a FO reached out with a hot deal.
Shared my deck. I never heard back.
Last week, he sent me another hot deal 😉
He never even opened my deck. But he did ask about commercials 😏

Being a broker is fine. Calling yourself a FO when you're a broker is not.

Fundraising #74

I try to eliminate the "dopamine factor" as much as I can when deciding where to invest.

#fundraising

Fundraising #73

I have never understood why "speaking with conviction" makes a better fund when an LP is challenging your thesis. It is the opposite - the best GPs I have seen are those who are great at reflecting.

#fundraising #noBS

Fundraising #72

I see a lot of funds with shorter fund durations. In VC this is relatively unrealistic (even for crypto).

Realistic is a 10-15y lifetime for an early-stage fund. Don't sell sth different; otherwise, you have to get out with a msg like the one below to your LPs.

Fundraising #71

5-10 GPs (and LPs) reach out to me every day and ask for feedback. At the same time, almost no one takes the time to listen to any of the more than 50 long-form podcasts I have done over the last few years. Free, unlimited feedback ;)

#paradox #fundraising