Can I Include an A-Round On-Sector Warehouse Investment Opportunity in My Seed Stage Thesis Fund?
Can I deal warehouse a great on-sector investment opportunity that is an A round into my seed stage thesis fund?
You can do whatever you want. BUT from a business perspective, you really want your first 3 deals to be on thesis AND they're deals that will get marked up ideally before your second close.
Warehouse deals that you bring into your fund need to meet a consistent criteria (as in all my investments in the fund sector made in the past year) you can't pick and choose.