A breakdown of the 'GP Persona'. This archive distinguishes the Venture Capitalist from the Angel Investor. It explains that VCs are 'Fiduciaries' managing other people's money (pensions, endowments), which legally binds them to maximize returns over supporting founder dreams. The text details the 'Sourcing -> Screening -> Diligence -> Deal' funnel, noting that a Partner sees 1,000 decks to make 1 investment. It also covers the 'Board Seat' dynamic, where VCs shift from cheerleaders to bosses.

Don't take the rejection personally; take it structurally. This resource helps founders empathize with the investor. If a VC passes, it's often because the 'Fund Mathematics' (fund size vs ownership target) don't work, not because the business is bad. Understanding their fiduciary duty helps you frame your pitch as a financial product.