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What's different about your fund?
TC: What sort of off-road due diligence do both of you do to find out more about your fund managers?
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But one thing that disturbs people about your fund-raising, Mr. Lazio, is that you've taken contributions from the housing industry, and that you serve on a committee that regulates housing.
(My favorite line from the shocked jazz-festival crowd: "Jesse Helms is on the phone — he wants to talk about your funding!").
What is madness is that you also don't know about your funding for the next financial year until a couple of months before, after you have already been forced to make most of the employment decisions.
Many would say that talking about your fund-raising during the process is a great way to create hype, but the opposite is true.
Imagine this bug in the physical world: Your dear Aunt Margaret wasn't invited to your wedding due to mail parcels gone missing, or your executive wasn't invited to your big presentation meeting because your address book deleted him, or you couldn't call your best friend to let them know about your funding announcement because his contact info went missing.
At the end of the day, Currier and Chudnovsky have created a new model in venture that works for them, and gives startups more value-add than just a check or a big-name in your TechCrunch post about your funding.
'what are you raising money for'- be transparent and specific about your funding goal.
Talk about your favorite fund family".
You may be watching the news like a hawk and having nightmares about your retirement fund.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com