How to Weigh Feedback from Potential LPs in Our Industry vs. Others?
How should we value feedback from potential LPs in our fund (that know invest and like our specific industry) vs everyone else?
If the contact that you asking for feedback from is not excited about what you are doing and not engaged to learn more, then your Thesis is not good enough. Most of the time, specific feedback is not useful. Measure success of your Thesis by their engagement. If they are not a “yes,” then they are a “no.” Paul spoke about this in the webinar today.