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Legwork” is the practical or boring work that needs to be done. The fund invests a little bit in hundreds or thousands of companies, so you get nice broad exposure to the market without having to do much “legwork,” or without having to do much of the boring work. Most of the “legwork” is complete, now she just needs to write the book. The “legwork” of writing a book might include doing research, interviews, or collecting images.