I interviewed Michael Huseby to learn about his life story and his new book: Fundamentals: Your Friendly Guide to Investment Funds and SyndicationsThis is a great listen for anyone interested in starting an investment fund or interested in making the transition from "practitioner" to "practitioner operator", like Michael did when leaving BigLaw to start his firm, and like I did when leaving the hedge fund I was to start my own fund. We cover: 0:00 - Michael's backstory. Big Law. Going blind. The road to Entrepreneurship16:30 - from legal practitioner to legal entrepreneur23:30 - how TIL is different, a law firm run like a startup37:30 - how Michael is growing his firm + law in the age of AI44:30 - trends in the private markets world51:00 - what are the attributes of successful fund managers54:00 - 506(b) vs 506(c)1:03:00 - most common mistakes people make when starting a fund1:07:30 - Michael’s views fund-in-a-box services like AngelList, Carta and SydecarMichael's law firm: https://www.investmentslawyers.com/Michael's book: https://www.amazon.com/Fundamentals-Friendly-Guide-Investment-Syndications-ebook/dp/B0FCMJL1G8/ref=sr_1_1