This has to be one of the most interesting statistics I’ve heard this year.https://twitter.com/danprimack/status/1222646093453774853 …
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(Memo to self: make sure to quote that tweet to LPs if I ever raise a fund on the “Reasons to consider not investing with me” slide.)
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'eh. Mostly it makes me think they were sitting on their asses dithering about making crisp decisions until the market finally forced them to shape up. Yay for competition I guess.
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My first thought: how warm has to be that first email to end in a term sheet in 9 days.
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My first thought, obviously they aren't doing due diligence anymore.
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