Zeev: LPs face no competitive consequences for moving slowly
Oren Zeev · Oren Zeev: How I Raised $1 BILLION in 12 Months | 20VC #888 · 20VC with Harry Stebbings · May 24, 2022 · at 30:12
Oren Zeev, founder of Zeev Ventures, contrasts the fast, competitive environment VCs face when pitching founders against the low-stakes timeline of LPs committing to funds.
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“I think that it's an extremely non-competitive space. I'm talking about the LPs now, because generally speaking, like, When you're a VC, you're competing for a deal. If you don't move fast enough, if you're not attracted enough to the, for the founders, they'll go with someone else. When you invest in a fund, because there are many LPs in the fund, and the fund doesn't get raised, even if it's a very hard fund, it doesn't get raised in, in, in, in days, ah, just because, just hurting all the, just hurting the cats, and, ah, there's really no penalty. There's no consequences from, for being slow for an LP.”
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