Packy McCormick turned his massive newsletter into a Not Boring Fund I in 2021, and has since invested $10M into startups. In this episode you will learn:

1. How Packy raised his first fund from his readers. 

2. What regulations he needed to navigate to comply with the SEC. 

3. Which sectors he invested his first $10M into (in just 6 months) and some of his breakout startups. 

4. Why IRR can be hilariously large in the early stages of a small fund.

5. How he manages a syndicate and a venture fund while still doing right by LPs.