Building a venture capital fund (from scratch)

Media operators have unfair advantages in early-stage investing.

They have:

• Content magnets that attract audiences and expand surface area

• Built-in trust that compounds into authority

• Curated opportunities won through that trust and authority

If the goal of venture capital is to invest into tomorrow’s best companies as early as possible, media operators have a vehicle to do that.

I realized this years ago when I started this newsletter, and I have been building on this idea ever since.

Now I am building an investment firm layered on top that will back the best opportunities surfaced through the work of this newsletter.

The firm is called Outlaw.

Below is how I plan to execute and win. If you are curious about the strategy and want to explore ways to work together more, you can request the full data room here.

• Manifesto: Answering why the world needs another venture fund

• GP bio: Some context on me

• Growing revenue-per-employee: Why efficiency is the new North star

• Private markets arm race: Why the private markets are at an inflection point

• How I source: Inbound and outbound systems to solve for coverage

• How I pick: Founder filters, borrowed concepts, and writing for better thinking

• How I win: Matching an investment product with what a pre-seed company needs

• Portfolio construction: What the fund will look like and why

• Company teasers: Some examples of the types of companies that will make up this fund

• Working with me: What LPs can expect

If you are interested in learning more, we have a full data room with our deck, fund model, track record, and everything else we share with LPs.