Just landed in the most powerful startup city on earth. Eager to make some new investments! https://t.co/IoVBJ2W8J2
You don’t need a notable cofounder. You don’t need a warm intro. You don’t need a perfect pitch deck. You need a prototype that works and a one-way ticket to SF. Everything else is noise :). Happy Thanksgiving!
If a tech startup founder apologizes for their prototype looking ugly, yet their demo works perfectly then seriously consider it. They spent their time on the physics, not the paint.
Startups die from cofounder breakups/tensions more often than not finding product market fit. We just blame PMF because "irreconcilable differences" sounds too much like divorce court jargon.
At Seed, pessimistic VCs are actuaries calculating your startup's probability of death. At IPO, they are mystics claiming they always saw the vision.
VC praise is opium. Customer revenue is oxygen. Asking a VC if your idea is working is like asking a spectator if the punch hurts. Get in the ring pal.
Startup founders building in rapidly expanding markets who optimize their burn rate, while competitors are raising $100M, remind me of people who count calories at an all you can eat buffet.
Startup founders who treat SAFEs and convertible notes like credit cards until the Series A closes... and then realize they have been playing Monopoly with real equity.
Every founder who got rejected 39 times before their Series A reminds me of Hulk. The angrier they got, the stronger the pitch became.
Every successful founder I know is still asking why like a toddler who just discovered speech. The ones who stopped? They are in bd or corp dev right now.
Gen Z founders are printing money in niches VCs can barely spell; early preseed backers are becoming legends quickly!
If your customer interviews don't make you sweat like you are asking someone to prom, you probably are not asking real questions. Founders who stay comfortable, stay poor.
Tech startup founders who digitized entire industries are basically time travelers who went to 1990 and whispered "trust me, the fax machine will die" to VCs!
Non-AI founders who treat Series $ A like their last meal somehow keep getting invited back to the buffet. Those asking for seconds often starve.
The best VCs remember: at 22 y.o., not knowing it's impossible *is* the superpower; those founders could be very right.
The surest way to break into VC isn't asking your favorite VC for ☕. It is advising and referring founders who become 🦄 a few years later.
Many startup founders claim they are building something nobody else sees yet, but their pitch deck comp landscape slide has 7 companies doing the exact same thing. Easy fix: remove this slide from your pitch deck.
Startup founders who aren't irrationally obsessed with their startup are just rationally employed people with worse health insurance and lower pay.
Technical founders who build amazing products but can't get distribution are like master chefs with Michelin recipes cooking at their mom's kitchen.
VCs explaining why a portfolio company needs to IPO at 100x revenue is like teaching your kid to swim by throwing them off a yacht!
Funding a startup founder before they have a driver's license is proof that some VCs care more about where you are going than how you will get there :).