What was the most surprising thing you learned from fund interviews?

One particularly memorable interview involved a fund that was investing in cryptocurrency, antique cars, and something about bringing AI to small businesses. The fund listed three AI experts on their team, but when attempts were made to reach out to all three via LinkedIn and email to ask how their approach would work, there were zero responses from any of them. This experience highlighted the important lesson that you need to do your due diligence, ask detailed questions, and see if you get substantive answers. It becomes easy to eliminate funds that can’t back up their claims with actual responses. Any investment type might be legitimate if there’s a real plan behind it and the team can explain their strategy, but you need to verify this through your own investigation. It’s also worth noting that some funds were originally property companies that quickly pivoted after the Golden Visa rules changed to eliminate property investments, and these often lacked the depth of experience in fund management.