And she’s being baptized with fire. Her first post, on Sept. 29, recounts how it “would be fun to write about the process of a VC fund fundraising.” She noted that IDG is just beginning the process. We were slightly surprised by this, as writing about fundraising might break SEC rules, something a ten-year VC probably should have known. Other VCs warned her (see comments) about some problems with this too.
So apparently she’s decided to take their advice, and wait until the fundraising process is over. Anyway, she says the firm is at an interesting crossroads. After having $180M under management with two funds both funded by a single investor, International Data Group, she says “we are faced with the decision to go raise a new fund with other LPs besides IDG.”