Phil Black rounded his $4.64M angel fund to $5M to sound bigger
Phil Black · 20VC: True Ventures Founder, Phil Black on 4 Major Risk Categories for Startups, Why The Funding Gap Is At The "Rational B" Round & Why VCs Must Start Small But Think Big · Sep 4, 2017 · at 5:58
Phil Black, co-founder of True Ventures, shares the fund size of his early angel vehicle, Blacksmith Capital, raised after the dot-com crash.
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“Oh, it was 4.64 million dollars, and I rounded up to five million to make myself a You know, sound bigger.”
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