The Importance of Care in Venture Capital

In 2009 was the worst time I think in the last 30 years to raise a new venture capital fund only only two new ones were raised us in coastal ventures. Our idea behind it which was we were going to use Michael Ovets's CAA as the blueprint for the firm everybody thought was the dumbest thing that they'd ever heard in their lives. We got that big time which was awesome so you know we went and we when you were when you were launching injuries in Harlets oh yeah now was that a function of we were right in the middle of a meltdown or just general who needs another venture capital far well it was those two things.