Defy.vc

“And I will add the reason why a lot of people end up outsourcing it is because it becomes a fund expense. When you outsource it to hire someone that comes out of the management fee pool. And so there's a weird adverse incentive to want to hire the right people…”

“And so, in fact, our cap was one 50. And so it's actually a great story. And I think it was a really good example of How much we care about our entrepreneurs, but there was an entrepreneur who had been an incredible, it is an incredible reference for us. We've…”

“We did a small personal seed investment that wouldn't really have been what we would have done had the firm been in existence, but LPs absolutely wanted to see how we process deals and how we work together as a team, and so it was definitely a great example th…”

“If your fund is seed funder on the smaller side, then absolutely, you know, it doesn't make sense. But Once you start getting, you know, so our fund is a hundred and fifty one million dollars. And so, you know, we absolutely, it makes sense to bring that perso…”

“The biggest concern is you've got a new team coming together, so Neil and I didn't have this Story of, you know, yeah, we've worked together for the last 10 years, but at different firms, we really hadn't crossed paths.”