THREAD: Making vs. Growing Money.
The Dumb Idea Paradox. Why great ideas often start out by sounding dumb. Thread 👇
Here’s how to build a company (or really do anything challenging) while being happy: 1/ Realize that if you achieve your goal, you actually won’t be any happier than you are right now. This is easy to say but hard to do. Set a reminder to meditate on this every day.
Here are the main distilled points fom @naval's talk on @joerogan Since this legendary talk deserves a tweet storm on its own, and Naval is a busy man. 1/ Life is short, you have to generalize, see what life has to offer. Specialization is for ants. https://t.co/rabcoh9vKq
1/ If you don’t have product-market fit, your startup is fucked. You probably don’t have it if: You aren’t growing You have high churn Your product is hard to sell Customers don’t seem to care that much Here are some simple steps to find product-market fit
There are people who fix problems and people who complain about problems, and the two sets are remarkably disjoint.
Here’s everything I’ve learned about angel investing in the past 8 years since I made my first one. I’ve invested in Cruise, Ginkgo Bioworks, Razorpay, Bird, and 100 more companies.
This is a 60 slide deck with everything I know and feel about presenting well. https://t.co/QWnK3eVPHu
The reason most founders are surprised by the difficulty of fundraising is that they're learning something about themselves, not something about fundraising. They know fundraising is hard for startups that don't seem appealing to investors. They just didn't realize they had one.
New post! Over 30% of Americans now regularly listen to podcasts, and here’s my (with inputs from consumer team and research) 68-page overview + investment analysis on the industry. Thread 👇 https://t.co/ah77Vt5vqD
Doctors won’t make you healthy. Nutritionists won’t make you slim. Teachers won’t make you smart. Gurus won’t make you calm. Mentors won’t make you rich. Trainers won’t make you fit. Ultimately, you have to take responsibility. Save yourself. —@naval https://t.co/3lgp9t2…
Fun game for investment nerds: If you had $1000 to invest in any private or public companies, how would you allocate your capital? Time horizon to return capital is 10 years. Let's hear your strategies.
@tinvaan I would raise maybe $500k, keep the company small for the first year, work closely with users to make something amazing, and otherwise stay off SV's radar. In other words, be the opposite of a scenester.
I want to get to know small fund managers in SF. I meet lots of founders who are way too early or need too little financing for people I know at big funds. Instead of helping them get optionality checks, it would be nice to know small funds. Who should I connect with?
Investors, do you recommend a Services stack to your startups? cc @briannekimmel @tylerwillis @sharpshoot @semil @maiab @rrhoover Banking - @BankMercury Legal - multiple intros Hiring - @angellisttalent (I work at @AngelList) Payroll - @GustoHQ Cap table mgmt - @cartainc
Consider two frameworks: The Peter Thiel approach + Keith Rabois approach Thiel - pick a niche they can monopolize and expand outwards from there Rabois - go “horizontal” - find trillion dollar markets + build full-stack, vertically integrated solutions. Go big or go home.
One of the trends I'm most excited about is the democratization of b2b technology. Let's discuss. 1/
Looking to make a list of angel & pre-seed investors looking at the no-code space. Any recommendations?
All platforms have their favorite partners: - The partners that bring them business - The partners that help them close deals - The partners that make their customers the most happy - The partners that fill the most critical feature gaps Do whatever it takes to be one ;)
What are the best blog posts and podcasts to learn about marketplaces?
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