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The VC should have really figured out his commitment to Chile before announcing to the world that he's starting a $40 million fund. But then again how do you r
by keeptrying 15y ago
The VC should have really figured out his commitment to Chile before announcing to the world that he's starting a $40 million fund.
But then again how do you raise a $40 million fund without screaming it at the top of your lungs. He probably knew going in that he was risking his reputation by doing this.
- Geekette 15y agoAgree that he should have figured out his commitment to Chile. Since funds usually run on 10 years, doesn't that imply a 10+ year commitment from him? As I commented on the other thread discussing his interview, I don't get how a foreigner with NO solid local business connections expected to raise $40 million within 6 months in a conservative environment. The govt inviting you does not mean keys to the banks/the wealthy's pockets.