This week’s deep dive is on David Frankel (@dafrankel), founder and managing partner at Founder Collective.

Before starting the fund, David built the largest internet service provider in South Africa (without any external funding) before selling it in 1997. He took the early win, started investing in his peers, and the rest is history.

Today, Founder Collective manages hundreds of millions of dollars, and it is considered on of the best seed funds in the world.

Here are 21 takeaways from studying David, his career, and his investment philosophy.