Raising your first venture capital fund? Brace yourself. If you thought lining up a few dozen meetings with Limited Partners (LPs) would seal the deal, it’s time to recalibrate your expectations.
The path to closing your first fund is more akin to a marathon than a sprint, with persistence, resilience, and a surprising volume of LP meetings being crucial to crossing the finish line.
Here’s why doubling or even tripling your initial estimate of required meetings might just be the game-changer you need.