Nathan Latka

Venture is a game of exceptions.

Put some color on that.

What are some recent exceptions you've analyzed?

Preston Pyshke Yeah.

And Anupam, if you guys look at timelines, right?

So on average, from initial email to term sheet signed to DD done and final closing docs, what do you guys typically close in?

Yep.

Three, four weeks.

Okay.

Very good.

That's helpful.

And then what about your source of capital?

Single big LP pension fund endowment or no, you know, hundreds of, you know, smaller checks?

What are the negatives?

So a founder listening right now, talking to a potential seed lead, and they learn that that funds investors are either pension funds, endowments, or individual angel checks.

What are the downsides to each of those kinds of groups from the founder's perspective, not from a fund's perspective?

Well, what can a founder ask to try and deduce that from a VC fund?

Obviously, the VC fund is not going to say, we're shutting down in six months.

So how can a founder can try and ask questions around that to get a sense?

Last question before we wrap up.