2min chapter

Venture Capital cover image

Tips for First-Time Fund Managers

Venture Capital

CHAPTER

LPs and VCs

I think when I was with the Utah Angels, I thought about launching what I called in my mind the Utah executive fund. Where you have a lot of these individuals who are six and seven figure earners who want to play like the VC card. So for example, Chris Knudson, good friend. He was the founding CMO of Purple, who launched them from nothing to over 100 million in revenue. And having a fund like that where you could ping him and say, hey, part of the investment is the knowledge base. The other part is the cash. Yep.

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