329. Left VC to Become a Founder Again. Here's What They Don't Tell You About Running a Fund

We sit down with Joakim Achren, serial entrepreneur, former GP at F4 Fund, and now AI-first founder, to talk about why he walked away from venture capital and what he's building next.Topics Covered:● The founder-turned-VC trap: why it sounds like a natural progression but has a flaw nobody warns you about

● Micro-fund economics: a $10M fund pays you less than a startup salary, and you spend half your time fundraising for the next one

● Why industry clout doesn't move LP capital, and the relationship mistake that cost him the raise

● Gaming VC right now: why LPs burned in the COVID boom aren't writing new checks

● The three-legged stool of VC — LPs, founders, co-investors — and why you're competing and cooperating with the same people simultaneously

● How Claude Code became his entire publishing company and let him ship a book solo

● Distribution is the last human moat: why creativity and authenticity are what AI keeps failing at

● The AI productivity trap: working 18-hour days, thinking less, producing more mediocre output faster

● Why he wrote a sleep book for founders, and what chronic bad sleep does to your brain in the long term

Joakim's new book available now: https://sleepagain.co