Meeting startups while raising fund?

It is recommended that managers continue to source and assist Rockstar CEOs to invest in while working to close a fund. The ideal situation is to help startups aligned with your Thesis for four to six months before they need capital, and then, when they need capital, your fund is closed and ready to invest. Since closing a fund is time consuming with a lot of uncertainty, it is recommended that you do not make any promises about funding or the timing of funding to any startups that you are helping, especially before your fund is closed.