Brian Laung Aoaeh, CFA
1 min readJan 19, 2024


I feel incredibly sad to read this; Foundry is not raising another fund.

I understand the reasoning, but I still feel sad.

In 2008, when I started down the path of becoming an early-stage VC as the second employee at KEC Holdings with Jeffrey Citron, and later at KEC Ventures - I was working out of Holmdel, and later Manasquan, NJ.

Not exactly centers of startup and early-stage venture capital activity.

So I looked online for other people I could learn from, people who could be my mentors from afar.

The team at Foundry became part of that group, even responding to my cold emails in those early days when I would ask them questions.

Thank you for being willing to share your knowledge with the rest of us, Brad Feld, Seth Levine, Chris Moody, Jaclyn Freeman Hester, Lindel Eakman, and Jason Mendelson. Thank you for being so generous with your intellect and knowledge.

Many of the things I do today as Lisa Morales-Hellebo and I build REFASHIOND Ventures: The Industrial Transformation Fund are influenced by what I learned from individuals at Foundry. I know there are many others like me.

Foundry will live on.

“Ends are not bad things, they just mean that something else is about to begin. And there are many things that don't really end, anyway, they just begin again in a new way. Ends are not bad and many ends aren't really an ending; some things are never-ending.”

― C. JoyBell C.



Brian Laung Aoaeh, CFA

Early-stage VC — Supply Chain Tech at REFASHIOND Ventures. #TWSCF. NYUTandon. Research. | I’m not afraid to be different. Blog @