I’m beginning a raise for a new transaction in the heat of this virus. It’s a lonely position to be in but the numbers work even in this climate. Will be interesting to gauge LP interest. If need be I’m happy to take down the whole deal myself.
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There's also the appearance of front running your investors. I open every deal up to outside capital. Cherry picking looks bad.
Yup, exactly the point of my last tweet. Saying that is probably a good thing to mention as you seek out LPs.