@AOC
Totally agreed. And if we become more like a Denmark, we are going to need the extra cash too to be able to pay for all the increased costs for restaurants, gas, groceries, etc. We need more of this forward thinking
i have now been on the receiving end of the worst pitch ever
founder: can you tell me about what you do?
me: we do early stage VC (chatter chatter)
founder: wait, i thought you did emergency bridge loans?
me: no, we do VC
founder: oh, then let me change my pitch...
🤦♀️🤦🏻🤦🏾♂️
@jefielding
Yeah I get it. Have same gripe. I always use stock response of “that’s really not a question for me - that’s a question for (insert founder’s name)”
@PaulTassi
this annoys me immensely and i cannot come up with any good reason for why they designed it this way other than to give them longer 'time spent in game' metrics...
@wanyeburkett
Agreed. We have lost perspective on the power of shame in society. And we have removed shame from nearly all aspects of society in last few decades. Shame can be good and is necessary.
@RichardHanania
I too could get top scores on these tests if I were allowed to have the textbooks open in front of me with the ability to search them quickly….
@jspujji
Damn!
You deleted that tweet from a few weeks back where you said you enjoyed paying taxes bc it was like a subscription for the great US govt services!
I was gonna do a “how it started - how it’s going” post…
@Trace_Cohen
the investor always pays when with entrepreneurs.
the investor always pays when with LP's.
the investor with more AuM pays when with fellow investors.
i was taught this 'rule' super early on by another investor when starting in investing. it's a good 'rule'
if i hear one more person brag to me that they're now 'sober' - when they were never a gd alcoholic to begin with - i'm going to start drinking heavily!
@RichardHanania
similar-ish to playing poker if you know how to play. your biggest risk of loss is to people who don't play poker. it's why first-timers frequently tend to have a lucky night. the best poker players know how to change strategy to accommodate folks who don't play by the rules...
@RoKhanna
No.
1. Get states to re invest in vocational and trade schools
2. Get fed govt out of biz of backstopping student debt - let schools and lenders handle it
3. Allow bankruptcy as a way out of student debt
There are so many better ways to handle this than wasting more of our $$$
To all those reading VC takes on First Republics collapse, a quick reminder again - being a VC in no way qualifies a person as an expert on the US banking system or developments therein.
Which is to say disregard all the VC hot takes.
>99% are hot garbage.
A great company has a
1. Great strategy
2. Great product
3. Great economics
4. Great people
You’ll notice that nowhere on this list is “Great VC dollars raised” or “Great VCs”
@saraledterman
or just email us jjkasper
@bluecollective
.com
we respond 2 all cold emails
we invest pre-seed and seed (or earlier)
all verticals, all categories, all industries
we just care about finding great founders
@minal_hasan
Ridiculous 🤦🏻♀️I think you’ve gotta shoot back something snarky though … “omg….you have to get permission from your spouse to work? that sounds horrible…”
@tdkayode
add us to the list...we need associates!
we don't care what you look like or where you came from ... and no VC / investing experience required (we prefer none) ... we just want well-rounded, curious, principled people ...
@C_Sommerfeldt
i have tried to link to this article directly now 5 different times in 5 different tweets in the last 30 minutes...twitter blocking every post...anyone having same problem?
@friedberg
don't want to tie our heads in the event of war or something else cataclysmic. if we have to have an amendment process in an upcoming ww3 to reverse a balanced budget amendment, that's going to be a gigantic waste of time...
there are other ways to accomplish this
A simplified cheat sheet for private market investors
Also an explanation for what’s going on now currently in VC world: over last 10 years, far too many VCs have invested in businesses in box 1 mistaking them for businesses in box 2.
Category error that will cost a lot.
@MJs_Burner
@Jason
yes. 1. they deliver multiple packages per address and 2. the routes are highly optimized. majority of routes are in suburbs where you go house by house (<1 min per house)
@Tyler_Okland_MD
this is not unique...of the nearly 400 VC-backed companies that went public last year, 80% are now at their private market valuations 5 years ago...
@rrhoover
@paulg
@tylercowen
Agree with the sentiment. But I don’t think he understood Tyler’s format. Tyler asks random questions of every guest - most often in areas they know nothing about. The guests that make for an entertaining interview attempt an answer. PG didn’t make for a very good Tyler guest
just got a pitch deck for a company that has raised $130 million in venture capital and is doing $110k / month in revenue...why don't LP's get more upset at GP's who invest $130 million of their dollars in this stuff?
@darrenmarble
really?
i heard greater than 100 m funds are hurting real bad.
they deployed too quickly, big institutional LPs are cancelling commitments, and big-name GPs are struggling to raise follow-on funds...
Can you imagine looking back on your life on your deathbed and remembering how you walked out of your college graduation bc you were a budding Nazi at the time?