Game-Changing Insights for GPs: David S. Rose on Raising Funds + 22-second Survey

Discover why emerging GPs struggle with LP credibility, how AI is revolutionizing fund management, and the key differences between angel and institutional investing—plus help shape the LP data tools

Want to make your LP pitch irresistible?

We just interviewed David S. Rose, a true legend in angel and LP investing. His insights? Really sharp. Beyond being razor-sharp, David’s also a funny, down-to-earth guy.

When I think about books that have shaped angel investing, aside from Jason Calacanis’s, David’s book is hands down one of the most impactful.

What’s so amazing about our community isn’t just that you can read an interview with someone like David S. Rose—it’s that the connection doesn’t stop there.

After diving into his insights, our readers can take it further: they might pick up his book, absorb his wisdom, invest alongside him, and even interact with him in our online spaces. This isn’t just a network—it’s a dynamic group of trailblazers making big moves together. Here’s a quick look at what he shared:

• On Angel vs. LP Investing:
  "Angel investing is a gamble. You bet on unicorns and prepare for losses. LP investing? It’s about preservation, long-term growth, and trust. If your pitch doesn’t reflect that, you’re out."

• On Credibility as an Emerging GP:
  "Track record isn’t optional. LPs want to see you’ve managed risk before. If you don’t have one, start building it—whether through warehousing deals or leveraging partners with experience."

• On Angel Investors:
  "I joke that angel investors are ‘rich-ish’ people. They’re not rich-rich. If you’re Jeff Bezos or Elon Musk, you’re not doing little dorky $25k angel investments. You’re ‘rich-ish’—you’ve got $20 million, $50 million, maybe $100 million. Once you have much more than that, you’re not spending time working on individual angel deals—you’re in fund territory."

• On the Future of Fundraising:
  "AI is revolutionizing how deals are sourced, evaluated, and pitched. Funds that don’t adapt to exponential technological change risk being left behind in the next decade."

Here’s where you come in:

We’re developing new LP data tools to help GPs overcome challenges like these—but we need your input to make sure we’re addressing your biggest roadblocks.

Take just 22 seconds to share your challenges: Take the Survey Now.

Why it’s worth subscribing:

Subscribers get full access to the 6-page PDF transcript of our interview with David S. Rose, where he dives deep into:

• How to craft a fund thesis that aligns with LP expectations.

• Practical ways to build trust and credibility as a first-time GP.

• Why AI is reshaping fund management—and how you can stay ahead.

Subscribe Now for Full Access

Don’t miss your chance to transform how you approach fundraising, and join us and other fund managers, GPs and LPs in the chat on Discord!

We also have weekly office hours at 1pm PT (4pm ET) every Monday - subscribers can stay for all 45 minutes, and non-subscribers are welcome to join for the first 25 minutes! Next week we’re meeting about Raising Your First Fund! You can register here!

Think of any questions we missed? Please add them in the comments below!