The VC Who Talks Founders Out of Raising VC | Jonathan Bragdon, Capacity Capital

Jonathan Bragdon founded or co-founded seven companies, two of which landed on the Inc. 5000 list twice each. Capacity Capital is his seed stage fund for founders across the Southeast, where 64% of investments have gone to women, founders of color, or veterans. His 50+ LPs are almost all operators who built businesses themselves, and a third had never invested in a fund before he taught them how.We get into why taking venture money too early can be a one way road, why he thinks deal flow should set fund size instead of the other way around, and why he only glances at total addressable market when almost every other investor leads with it.