Is it realistic for LPs to invest in part-time GPs managing funds under $15M for pre-seed/seed investments?
Looking at the pre-curriculum in the there is a table which helps to relate team size to fund size (attached). My question is how likely is it that an LP would be willing to put in an investment into a GP who is doing this part time i.e. what is shown for funds under $15M? Is it realistic to raise a pre-seed/seed fund with only a part-time commitment?