Paul Singh

But the initial check is typically smaller like that.

And then, and then subsequent checks are much larger.

They can be, you know, a hundred K, 250 K. They could be even more than that.

Yeah, so two things.

One is I wanted to come back to the East Coast.

We had moved out to California for 500 Startups, but all my extended family's here in the D.C.

area, and so I came back here for that, first and foremost.

Secondly, I had an opportunity to start building out more of the technology that I had been working on at 500 Startups, particularly around tracking companies and getting information about them and things like that.

And so it was really about jumping back into the founder's seat

Uh, although I pretty quickly decided that I also wanted to be investing money.

So I ended up raising another fund as well, um, called crystal tech fund.

So I started investing and running a company.

That was a $50 million fund.

I think so, especially if you're a founder that's going to raise money at some point.

Not to go off on a tangent, but I think if you plan on raising money, it's really important to understand how the VC's fund works.

Generally speaking, they're pretty easy to understand.

You can go on websites like VentureHacks.com and look through the archives there.

There's a lot of stuff written up about it.

The point is,

The investor's fund size will have almost a direct link to how big their checks are going to be.