Not Boring Capital

“Did you lead a single round? Did you write any term sheets? Were you the biggest check in any one of those 91 investments? Never. And that's all part of the strategy, right?”

“It does scale a lot better to run a venture fund than to show up every week and get a sponsor and then write, write an essay.”

“I don't think it's gotten, you know, any easier convincing founders to give me allocation at 50,000 readers or 88,000 readers. Like if they're a reader, then they kind of get it. And if they're not, then You know, they don't on the sponsorship side. It's diffe…”

“9.99 million dollars.”

“Fund when I did fund when I did 91 91 investments and not all of them have investment memos.”

“It changes the strategy completely though. You can't deploy a billion dollars in follow checks.”

“I've had that other conversation with funds, too, where it's like, hey, you want to come work and, you know, be a full-time partner at this fund? And no, like, we've talked for the past couple of hours about how much fun I'm having doing this particular thing,…”

“And fund two, were it to exist would potentially be in the 25 to thirty million dollar range.”

“I wrote in both the public and private memo that like I'm doing probably less diligence than most people on a specific company than most people who are investing in a company will.”