Paige Doherty of Behind Genius Ventures raised Fund 1 entirely on Zoom during the pandemic. As markets normalize, she says founders should prioritize in-person meetings and ask potential investors for feedback before asking for money.
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What would I recommend for people starting a fund in the next few years? I mean, I think like one of the things that was interesting is we started Behind Genius in like perhaps one of the most incredible bull markets ever. And I think the timing was such that like people were accepting of fundraising on Zoom. Like we raised pretty much all of Fund 1 on Zoom. Which if you look historically back is like not the same. And also raising it during the midst of COVID where everyone was at home and like pretty easy to schedule. Like I think there that like in these next 2 years, an emphasis on being in person and really committing to driving like deep relationships and spending more time with people is gonna be really important. And I think asking for feedback before you ask for money is a good go-to.