Ua: Before you can say the scales that you need to jump into the industry, you need to figure out your niche. He says early stage funds don't need as much financial modelling but if you were to go to series b, you need that financial modelling. But what i would say from fundamental standpoint as, you need To understand venture math. You need to under understand ownership. And if you don't have those basics, it might be more difficult for you, am within the industry," he said.