Some takeaways from LPs at RAISE: - With everyone widening their mandate into AI, every pitch sounds identical. True portfolio concentration is the only thing standing out. - The person taking your meeting is usually an analyst who will not be at that firm when your DPI shows up. Give them something that pays off this year. An intro, a co-invest, help getting promoted. DPI gets you the next fund. Being useful now, gets you this one. - When an LP can pick freely between asset classes, venture…