stats from raising a $30m web3 fund this summer as a solo gp: • 151 reach outs (67% existing relationships) • 41 ppl ghosted lol • 59 ppl committed • avg. check of $500k, median of $100k, min. of $5k • 32% of my investor relationships originated on Twitter • 32% female LPs • 30% BIPOC LPs • 12% LPs I’
Thanks for sharing. High % of investor relationships originated on Twitter and low % you've never met IRL - very interesting!
Congrats, and thanks for sharing your perspective as a solo gp!
Fascinating that a third of your investor relationships originated on Twitter!
Congratulations. That’s pretty amazing in this environment. Impressive diversity of investors as well. Agree the Twitter intros is an interesting tidbit.
67% existing relationships is really awesome. Did anyone ghost you from your existing relationships ?
thx for sharing! was that your round size or you got surprised by more LP jumping in?
This is awesome. Mags: what else do you think is noteworthy, that doesn’t necessarily come through in the #s?
I'd love to chat with you about your experience raising a fund as a solo GP. I'm curious to learn more about what it takes to raise a fund.
