Packy McCormick’s Not Boring parlay: Angel S6 E3 + Producer Rachel visits Miami Hack Week | E1372

Summary: Today’s guest is Packy McCormick of Not Boring, for Episode 3 of Season 6 of Angel. Packy 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:<br> <br> 1. How Packy raised his first fund from his readers. <br> <br> 2. What regulations he needed to navigate to comply with the SEC. <br> <br> 3. Which sectors he invested his first $10M into (in just 6 months) and some of his breakout startups. <br> <br> 4. Why IRR can be hilariously large in the early stages of a small fund.<br> <br> 5. How he manages a syndicate and a venture fund while still doing right by LPs. <br> <br> As Packy signs off we check in with Producer Rachel who went down to Miami Hack Week and spoke to one of the organizers of Tap House.