Influencer VCs

Opening a VC fund has become kind of a cool side hustle

With all these influencers trying to dabble with Early Stage Venture Capital- there's Shikhar Dhawan with his own sports fund. Tanmay bhatt announced one on his linkedin a few months ago. Even Mini Linkedin Influencers are doing this.

Then there's a ton of founders who in the name of "giving back to the community" have started opening a syndicate/or even a fund. Angel investing is different. Common you are an active CEO of a company. Go fnking build it. Grow you income not your savings. There's a long list. Dont want to pin point people. The whole Mojocare fiasco was Because the founder was using fake revenues/inventory to angel invest!

What are your thoughts? I dont think they will survive more than a cycle.