i cannot imagine a bigger bag missed than being wrong about where the money is gonna land from superintelligence can you imagine explaining to your LPs how you missed that the spin you would have to pull↗

We are announcing a long-term strategic partnership with NVIDIA. NVIDIA is making a substantial investment in SSI that will let us 10x our compute in the next 12 months. We reached the point where our research is worth scaling and with this partnership we will be able to. We are…↗

Wow. Jeff Bezos is raising a $100B fund to buy manufacturing companies and automate with AI. wsj.com/tech/jeff-bezo…↗

Just made my first investment as an @a16z venture scout. Pitch me more!!↗

We asked @joshuabrowder about his new $30M fund and investment heuristics. "We are seeing a rise of super-credentialism. Top VC firms are tracking high school math competitions." "Just because someone's good at math doesn't mean they make a good founder. The best entrepreneurs…↗

@legen_eth There is an ETF which tracks her trades: $NANC↗

Nancy Pelosi portfolio hit a new all time high today. $253.7m. She’s up $1.7mil today. The portfolio I started as a joke, copy pasting her trades is up 71% in 6 months.↗

Some lessons from being in the room where it happens: 1. Invest because of the one thing that could go right not the 100 things that could go wrong (@Uber ) 2. When you really believe, ignore rules about ownership/price and lock in the allocation you are offered (@Square ) 3. The…↗

I've invested in 35-40 different venture funds. The single best fund, by far, has returned 7.89x. For every $100,000 invested, they returned $789,000. And they aren't done yet. Sub $100m fund, tons of QSBS, couple unicorns, 4+ IPOs. When venture works, it really works.↗

It's finally out! Been working on a blogpost with a couple LP friends on what good/great TVPI and DPI look like before fund term Simply put, how much of selling positions as a VC is a science and how much is art 👇↗

Who are great early-stage pre-seed AI funds? Should be comfortable with R&D-heavy aspects/risks and technically competent. @w_conviction comes to mind - who else?↗

Seed Investments Have to Be Reasonably Unreasonable. If something is reasonable or too obviously a good idea, assume it’s obvious to everyone else. Do something unreasonable. Be right.↗

Too expensive or too cheap - why AI continues to reveal itself as a terrible VC bet↗

🤯 VC’s have poured $385M+ into Generative AI this quarter with billions in the past 2 years Here’s a breakdown of the top VC investors in the space and their investments 👇🏼 @lightspeedvp @sequoia @khoslaventures @a16z @IndexVentures @insightpartners @Accel↗

If you could invest in: One seed firm. One series A firm. One growth firm. What would they be? Go. 😉↗

How I bought a blog about @WWE for $16,000 and sold it for $240,000 one year later. I was looking for a niche content site that had a good foundation but still had 3-5 easy wins that would increase traffic and increase RPMs. 👇↗

Ryan Reynolds and Rob McElhenney paid $2.5 million for the world's third-oldest football club. But the team is in the 5th division of the English football pyramid and has almost no chance of making it to the Premier League. Still, it was a genius move. Here's why 👇↗

If you had to make $1 million in 12 months (legally & maximum $100,000 investment), how would you do it?↗

The 2008 crash gave me a golden insight that I kept to myself. I used this insight to turn a $9M fund and grew it to fund $1.7 BILLION. My insight was so compelling that investors were giving me 10s of millions in a single meeting Here's what the insight was and how it worked:↗

I've been investing in crypto for the last 6 years and angels frequently ask me how to evaluate projects. Here are the steps I generally recommend in running a diligence process for an early-stage crypto investment. *disclaimer: these are my personal views*↗

Valuation matters far, far less than the decision of whether to invest or not. The spread between bargain and outrageous startup valuations can't be more than 5x, in a world where the best investments can return 1000x.↗

Turning ~11 ETH to 862 ETH in 33 days flipping NFTs. A thread↗

7 indicators every #NFT investor should be using to evaluate projects 👇🏼↗

I've purchased $5 million worth of investment real estate in the past 12 months in Texas. I manage it. Here's what I've learned: 👇👇👇👇👇👇👇👇↗

How to turn $1MM into a lot more: Buy a $2MM self storage facility. You’ll need $600k cash. Use $60k of your own cash (10% co-invest) and raise the $540k from limited partners. You own 10% of the deal but 1/2 the upside (the carry). Do this 10 times.↗

Read through Ark Invest's Big Ideas 2021 report. Here's a tweet and chart for each of the 15 ideas 🧵↗

If you were compiling a set of topics you’d want every investment analyst to learn, what would be on the list?↗

Apple & Amazon stock are each up ~300X over the last 20 yrs. Lots of people used and loved those companies' products even in 2001, but how many invested and held for 2 decades? Very few. What companies are like that today? Which public companies have 100x+ potential over 20 yrs?↗

1/ The investment management business is turning into the media business, but most investment managers don't realize it.↗

This is how @bijan described his investment thesis in 2014. Solid six years later.↗