8 reasons why you shouldn’t raise a VC fund (and 4 why I love being a VC regardless)

Description
I sometimes talk to angel investors who consider raising a fund and ponder on how things will change if they go from investing their own money to investing as a fund. As I was an angel investor for about three years before teaming up with Pawel to start Point Nine about eight years ago, I have a fair amount of experience on both sides which I’m happy to share. If you’re an angel investor and you’re considering making the move (or, historically less likely, a VC considering the opposite move), here are some thoughts on the topic.