They always tell you that fundraising is hard, but I finally feel it. I haven’t felt the struggle yet, but I can surely anticipate it. We’re raising a lot of money, and I need to convince smart people to part with theirs, in hopes that we 100X their investment. I finally get what makes it so hard. Everyone else is trying to get their investment too, and the fund size is finite. Cold emailing isn’t the solution here, unfortunately. It’s building a once in a decade company now, and convincing investors that we are growing it, with or without them.
Read about 255 here.