So I’ve been investing “institutionally” as a VC for about 18 months now (maybe really only 12, counting from the first check that really mattered). A little bit before that as an angel, but not that much. ‘Cause I sort of needed to decompress for a little while after I sold my last company.
At first, I really did not know what I was doing. I probably still don’t entirely.
And I haven’t yet returned a nickel of capital yet back to our investors, the “LPs”, which is the ultimate game.
Image: http://www.saastr.stfi.re/
