rolling funds

“You know, I started a rolling fund largely off of the audience from this thing that said, hey, I've listened to this guy a bunch. I trust him. He has a good track record. And so now that rolling fund is four million dollars a year that I get to invest into sta…”

“No, I took zero percent management fee because I didn't know if anyone would really want to invest in the rolling fund.”

“Now I have to deploy a million dollars a quarter. And actually I run out within the first two months of every quarter.”

“Now that I have to deploy a million dollars a quarter, I actually have to carve out more time. I have to like consciously go and invest in more companies.”

“In reality, most of my deals don't come from podcast listeners sending me stuff or reaching out to me. Most of the deals are from the same five friends who email me when they see something cool.”

“We raised our fund together in like one month, raised a range, raised our own rolling fund that can deploy, I don't know, between seven to ten million dollars per year.”