378. Betting on "Bad" Industries, the opportunity in Alcohol, Nicotine, SexTech and other vices, and Why Early Stage Investors Should Avoid Consumer Investing (Catharine Dockery)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
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The Struggles of Raising a Fund for a Venture Capital Firm
Venture capital is a miniscule part of the financial system compared to public equities. So when you kind of think about the funding route for venture, it's super high risk," she says. "You have to be a lot pickier" than private equity or hedge funds on who your LPs should take money from and what they're not allowed to invest in. She describes her fundraising process as 'the hardest thing I've ever had to admit'
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