News alert: Congratulations to
@jenhwolf
&
@brettdg
, our new managing partners. Jen & Brett joined Initialized in 2017 and have been instrumental in building the modern version of the firm that is recognized today. Read more about our announcement here:
There are infinite problems to solve and we’re ready to fund them.
Announcing $700M across two funds – $530M for new investments at the earliest stage, before it's obvious; $170M to help our current companies grow.
In an interview with Meghan Markle,
@alexisohanian
explained how
@sentropy
(initialized 2018) is using machine learning to understand language to make social media platforms safe from hate speech and harassment.
"We remain focused on pre-product-market fit... What founders need at this stage is fundamentally different than what is needed at Series A and later, so we’ve built our team and our software to be focused on those earlier stage requirements."
0/ The official release for
#Avalanche
Apricot Phase 3 (C-Chain Dynamic Fees) is out!
This upgrade will activate at 10 a.m. EDT (2 p.m. UTC) on Tuesday, August 24th. You can read more about all the changes in AP3 here:
Since launch (3 months), the Avalanche Bridge has seen $15B of tx volume.
Net inflows to Avalanche are nearly 2:1.
This means double the assets are coming to Avalanche vs. leaving Avalanche. Prepare accordingly.
"In the chaotic world of blockchain, rule breakers rule the roost for here, avalanches defy gravity."
Get to know
@avalabsofficial
's
@avalancheavax
. The platform built to power the best decentralized financial applications.
"We try to frame it back to reality. What are the big buckets of businesses, investments, and things that we have to achieve to generate $5 billion in free cash flow? Because we're not going to be valued on hype in the long term." -Ryan Petersen, Flexport CEO
Avalanche settles transactions in under one second. Not 3 to 5 business days. But, one second–all while being secured by nearly 1k validators.
In fact, Avalanche is so fast that the Web3 infrastructure can't keep up with the speeds.
Take a look yourself! 👀
Congrats to our founder
@GarryTan
, who will join
@YCombinator
as president and CEO in early 2023. We are grateful to Garry for instilling Initialized’s original vision a decade ago and showing us how to believe before it’s obvious.
Next year, I'll be going back to Y Combinator as President and CEO.
It's a one in ten billion lifetimes kind of opportunity— YC gave me my start, and I'm deeply grateful to the community.
Today marks the first week anniversary of the birth of
#Avalanche
. I want to quickly recap where we are, what we’ve been up tin that first week, and what we’re planning to do.
Not your average VC podcast 🎙️
Introducing
#BusinessDad
, our new podcast where
@alexisohanian
speaks candidly with men across different industries about what it means to balance career and family.
Listen to the first episode with
@hasanminhaj
now!
"I am personally proud to be the lead investor because it's the kind of business I want my daughter to have access to." -
@alexisohanian
, Initialized Managing Partner
Thank you for investing the time to profile us,
@AlexRKonrad
.
Read this
@Forbes
profile of
@Initialized
to understand how we think & why we're different early stage investors.
I’m so proud of what we've accomplished at
@Reddit
together over the last three years and can't wait to see where the rocketship keeps going. And I'm excited for my next chapter:
@InitializedCap
.
Five years ago,
@culdesac
faced skepticism about building a community without parking. Now their car-free project is thriving with residents and local businesses opening on-site.
Developers nationwide are looking at
@culdesac
’s first project in Tempe, Arizona as an example of
#BusinessDad
Episode 009:
@THEKIDMERO
The comedian, writer, late-night host, and father of four has a candid chat in his home with
@alexisohanian
about his upbringing in the Bronx, passing down family values, and more.
Listen now:
Initialized Co-Founder
@alexisohanian
spoke with
@NBCNews
about how being a software-backed company helped
@WearAtoms
(initialized 2018) seamlessly pivoted from sneakers to mask manufacturing.
Get to know Initialized Capital’s fearless leader
@GarryTan
.
@MMCandyCheng
dives into Garry's early and untraditional start in tech, flourishing social media presence, and quiet ascent to VC prominence. Full article
@Insider
here:
Meet the newest member of our portfolio:
@manifoldxyz
The Manifold team have built a platform pushing the boundaries of NFTs and web3, giving creators complete control of their content.
🎙️ We're looking forward to Emin Gün Sirer's (Founder & CEO of Avalanche) talk on "Open and Programmable Finance with Avalanche".
Tune in to
#ReDEFIne
to find out what
@el33th4xor
and the
@avalancheavax
team have been working on.
Welcome
@lymusing
to
@Initialized
as our fourth principal where he'll focus on financial services, B2B software & more. We’re also proud he is the third member of our investment team to join through our open search process. More on his journey here:
We pulled together some clips from
@Initialized
startups in the press from the last few months. Helping our companies generate press is just one of the things we do for our founders once they've made something people love.
"The [new] vehicle, known as Initialized V, plans to back about 45 startups over the next three years . . . Its focus will be seed investing, typically the first time a company raises money and often before it has launched a product or service."
In
@Inc
's latest What I Know podcast,
@garrytan
shares free advice from his experience advising 700+ startups. Take a listen and learn from others' mistakes.
Why you should hire veterans:
✔️ Bias towards action
✔️ Allergic to accepting the status quo
✔️ Deeply mission driver
✔️ Adept at making decisions with incomplete and imperfect information
Thank you,
@shift
, for helping match startups with top-notch talent.
This Veterans Day,
@Shift
has assembled a coalition of 40+ of the world’s leading venture firms who share the same belief: military veterans help mission-driven teams win
We have reallocated our manufacturing capacity to produce masks for everyday wear
Atoms Masks are hand washable, and includes copper yarn, an antibacterial that reduces odor
We are donating 1 mask for every order, and selling them at cost. Pre-order:
(1/2) The skills you gain through these extraordinary circumstances are the exact ones that will make you successful. Co-Founder
@alexisohanian
shares his words of wisdom with
@JohnsHopkins
#ClassOf2020
⬇️
Welcome,
@GloriaFootball
(initialized, 2019)
“The promise of this app isn’t just to entertain football fans, but to also surface the next generation of talent -- male or female, no matter their connections or economic conditions.” -
@alexisohanian
Hey! We're
@Cron
and we make a better calendar — check out our
@ProductHunt
page to learn more.
Like what you see? We're granting early access via our website over the next 24 hours.
Investing in personal happiness is one of the most important investments anyone can make.
@alexisohanian
, co-founder of Initialized Capital, shares why you shouldn't wait to take care of yourself with
@FrontApp
(initialized, 2016) CEO
@collinmathilde
.
"The most experienced investors are those that have high conviction on things that are sometimes inexplicable" -
@AldaLeuDennis
, Initialized General Partner
"Tech is really the most pure form of yield that exists out there. Especially when you’re talking about teams of one or two people, engineers, designers, and product people pushing out that first product--which is really our favorite time to fund them." -
@garrytan
We’re hiring! 📢
If you are relationship-driven, organized and can facilitate connections, our Head of Community role is perfect for you.
Get the full rundown here 👇
“For great software engineers, designers, and builders, the only risk for you is not taking risk at all. It’s counterintuitive and fundamentally true.”
Read
@garrytan
’s new blog post about the importance of understanding risk:
Congratulations to the
@opendoor
team on such a huge milestone!
Fun fact: Opendoor is the first Initialized portfolio company to become a publicly-traded company.
Today, as
@Opendoor
becomes a publicly-traded company, I’m proud that we’ve been able to help 80,000 customers move seamlessly through a life transition & energized to be alongside hundreds of teammates who are focused on building the future of how people will buy and sell a home
Moving events in
@Cron
snaps to 15-minute increments by default. If you want greater precision, hold control option while dragging to move in 5-minute increments. 📐🧐
“If you’re considering building a remote team, it’s now easier than ever... partly due to technology improvements in video chat, scheduling, and work-flow tools.” -
@rhs
, Co-founder of
@rainforestqa
(initialized, 2016)
How can founders break out of the box society has placed on us? First principles thinking: Curiosity, Empathy and Serenity.
Read more about these principles in action in
@garrytan
’s blog post:
(2/7) Venture capital is a historically insular and clubby industry. In contrast, we are making this process public and open in part because we want to have the most qualified and diverse pool of applicants ever.
The
#ForbesMidas
List 2020 is here, and we’re proud to share that Co-Founder
@garrytan
has been named one of the world’s top tech investors! We are grateful for Garry’s continued leadership and inspiration 🙌
Founder advice: have faith that you will prevail with the discipline to confront the brutal facts.
Check out
@garrytan
's latest blog post on why founders need to be pessimistic in the short-term and optimistic in the long-term.
#leadership
#startups