Founder backing founders for companies, studios, and platforms.
Joined September 2007
- Tweets 2,489
- Following 958
- Followers 2,834
- Likes 4,989
103 Photos and videos
15 Nov 2023
First-time founders focus on product
Second-time founders focus on distribution
Lifetime founders focus on the mission
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10 Nov 2023
Gratitude is the single biggest indicator of integrity.
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Alex Bangash retweeted
24 Aug 2021
All founders should read this book.
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15 Jan 2020
Early Stage VC is 100% power-law so
Diversification of returns matters less.
Individual investments have capped downside /exponential upside
Late-stage VC is increasingly a normal distribution w significant downside & capped upside
So diversification of returns matters
15 Jan 2020
Hear @SamirKaul1 discuss dangers of conservatism in venture & importance of upside maximisation & not selling winners too early. As LPs @Beezer232 @MKRocks @AlexBangash how important is diversification of distributions vs pure cash on cash returns? buff.ly/2uOg0ZA #vc #lp
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12 Oct 2019
Sometimes it is the very VCs no LP can imagine anything of who produce the returns that no LP can imagine.
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15 Sep 2019
Smart VC managers stick to past models like AOL, Blockbuster, Kodak.
Squeezing every last dollar until they fall by the wayside
Four Reasons why good VCs fail
- Generational Issues
- Their networks atrophy
- They raise too much money
- The game changes; they get DISRUPTED
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15 Sep 2019
Startups & VC is the art of doing more with less
Funding does NOT equal Success
BIG Funding has gaussian distribution, not POWER LAW
From the last cycle
Better Place $875M
Fisker Automotive $1.5B
Living Social $919M
Bloom Energy $1B
Solyndra $800M
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10 Sep 2019
In my first 12 years as an LP, I backed founders that backed founders.
Now I simply back founders building
Studios
Platforms
API-based funds
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6 Jul 2019
Mount holyoke looking to hire its inaugural CIO for its investment office buff.ly/2L4PiIt
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10 Jun 2019
The wealthiest companies are buying stock back, which is a reason why the churn in S&P is up. The AVG tenure of companies on the S&P 500 will shrink from 33 yrs to just 12 yrs by 2027
The world's wealthiest people and companies are holding record levels of unused cash
Where is it going? The IMF says large companies around the world are overwhelmingly choosing not to reinvest much of it. They're hoarding cash and buying back stock. axios.com/money-companies-in…
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9 Jun 2019
Platforms, Studios, and API-based funds are 100X harder than traditional VC They are characterized as risking taking rather than traditional rent seeking
They thrive in the face of increasing entropy and uncertainty
They have extreme skin in the game
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Global residential real estate is worth over $168 trillion. With a T.
Software is coming to remake the world’s largest marketplace through better/faster/cheaper property management and @kul and his team at @zeuslivinginc will be the ones to do it.
thetwentyminutevc.com/kulvee…
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29 May 2019
Excited about what @dsog is building. CA homebuyers can sign up for beta.
I’ve been working on @RedDoorHQ to change how we think about #Mortgages. Our customers got rates almost 0.5% lower than anywhere on the market, down payment as low as 3%, and closed in 12 days. Looking for 10 more #homebuyers in CA before going public khaled@reddoor.com
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26 Mar 2019
Today, it is impossible to produce superior long term VC performance at the early stage unless you build a firm with structural advantages. The days of pure access are over at the early stage.
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23 Mar 2019
The bull market has inevitably dulled many a VCs sense of prudence
When you have 9 years of good results,
people who invest in startups tend to get a little less careful
Finance is often poetically just, it punishes the reckless with special fervor.
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