Just your daily reminder if you're looking for jobs at startups you should bug your VC friends! I have way more visibility now than I did as a candidate across sectors / stages + it's one of the (IMO) few ways VCs can actually be helpful...
Once you realize you can cold message most people and nothing that bad will happen (worst case, they ignore or don't see), a whole world of possibilities opens.
I’m excited to share that I’m joining
@KleinerPerkins
as a Partner to invest in the next generation of history-making founders, esp. those working on infrastructure & ML applications. I’ve long admired KP's investing strategy & portfolio, and am thrilled to be part of the team!
Today, I'm closing the door on my time at Founders Fund. It's been an incredible few years of learning, working with some of the most legendary investors as well as an unbelievable broader team & set of portfolio companies. Thanks to everyone that helped me grow!
Just learned a portco founder keeps a leaderboard of all investors and gives a person a point with each candidate referral, customer intro, etc.
Also found out I am in the lead, but am now even more energized knowing there’s a competition... good way to gamify your cap table 😂
I'm excited to announce I'll be investing
@foundersfund
! I can’t wait to partner with companies that are passionate about building a better future & not afraid to make crazy bets on themselves.
As for
#miami
(because, twitter) -- I will go soon if this tweet gets 10k likes 😂
Most of my career advice boils down to “what do you actually want to do and what are the fewest possible steps *required* to get there”. Rarely in tech do these steps *require* extra degrees, things that preserve “optionality”, or many years doing an irrelevant job.
If I could go back in time and give myself 1 piece of advice, "stop worrying so much about being annoying" would be a candidate. Would have led to faster learning, making more friends/professional connections, starting angel investing sooner, etc. with likely minimal downside.
I don't think a single time in my life I've thought "yeah, I really want to hear about this guy's b2b SaaS startup in the middle of this party" yet it keeps happening
Great VC / angel investing advice I heard recently - always have a up-to-date list of the best ~10 people you've met that you'd back (ideally eyes closed) if they were to start a new company, & make sure you keep in touch with them!
I’m thrilled to announce that
@kleinerperkins
has led
@codeiumdev
's Series B, and I’ve joined the board. The incredible team at Codeium is building the future of software development, from individual developers to large enterprises. More here:
After years of personally annotating countless LiDAR scenes during late nights early on at Scale, glad to now be regularly riding in self-driving cars around SF. Just hope my work was accurate ;)
What are the most common mistakes you see around ppl evaluating startup equity offers? I'll start - not asking what % of the company they own (to benchmark comp fairness / skin in the game)... thinking of writing a substack of tips / resources here!
Things that have happened because of poker:
- Fun
- Met some of my best friends & professional relationships (fun fact: poker led to me joining
@scale_AI
)
- Have helped many startups hire & make GTM inroads
Highly recommend startups host poker nights! Usually a no brainer.
I wrote an overview of why I’m excited about LLMs () with application examples & ideas! I think this technology has massive potential to create generational business opportunities, and I’d love to talk to anyone thinking about the space.
It can be challenging to navigate data tooling startups when many long-term visions involve becoming a "data platform". I wrote a post breaking down many recent startups / categories by popular end users: . Some takeaways in a thread 👇
Just your daily reminder if you're looking for jobs at startups you should bug your VC friends! I have way more visibility now than I did as a candidate across sectors / stages + it's one of the (IMO) few ways VCs can actually be helpful...
The best founders internalize that most every great person in their network is recruitable (though it might require regular extended hangouts over months/years...)
SF poker games: People play semi-attentively, chat w neighbors about work / book recs
NYC poker games: People play super fast, 3/10 ppl are playing a seperate poker game on their phones in addition to live game, there are many other rules (“if 27o wins, pay x”, “standup game”..)
One of the best decisions I made in college was taking off a year to do a few consecutive internships at startups & tech companies. Helped me figure out my interests! Also, a surprising # of startups (including many in FF portfolio :) ) are willing to do off-cycle internships.
I am frequently surprised about the surprise I encounter with my software engineer => product manager => VC transition. Every experience I had has been so helpful context-wise when finding/evaluating developer / data / ML tooling & infra...
From founder convo: summary of why I think Scale AI had such effective recruiting v early on (& still today)- *many* informal events (e.g. bring friends to poker nights), top priority of founders/investors, sourcing candidates= everyone's job, & targeted career fair presence/swag
Been in Europe for 2 weeks so can’t wait to start calling mid to late stage startups “scale-ups” when I get back. Term is used everywhere here & I hadn’t heard it before! I barely hear the word “startup” (in London, Berlin, etc.)
Candidate for biggest culture shock going from a startup to working in VC: there is very little communication through emoji reactions to slack messages. Surprises me every day!
If you're looking to join an extremely early stage (<10 ppl) crypto, LLM application, or data/ML infra team, I have a ton of portfolio companies, angel investments, & companies I'm a fan of that are hiring across many locations (esp. technical roles). Always happy to share!
If part of your New Year's reflection led to considering new opportunities at startups, always happy to chat & share thoughts from a VC perspective! Even if you're not 100% actively looking, would love to meet you & jam.
After a few exciting few days in NYC I'm back to SF. Totally understand the hype around being there - NYC WeWorks are becoming packed with awesome startups. Please DM me if you're curious about in-person NYC (or Austin - similar feelings) startup job oppts across the board.
NEW: April Koh built a $2 billion mental-health startup by age 29. Current and former employees tell me she led a fast-paced culture that created panic and fear.
Why should founders go on podcasts? Not only reach of the podcast / community of the podcaster, but also the proof it gives of being a "real company." It's what will come up when candidates & customers google you! "Real company"-ness is an overlooked but real metric ppl consider.
I worked nights & weekends at a very early stage startup right out of (and during) college, and I think that was necessary for both that startup & my career to progress. Everyone at the startup was working at that intensity, which gave us an execution advantage.
yesterday - listened to a podcast about space manufacturing while getting eyelash extensions from a robot, then took a rideshare home where the driver suggested we remove our masks since we're both vaccinated - not sure what to be most amazed about
When evaluating what startup to join, don't forget to ask yourself... do I love building products for *these* customers? That will be your obsession for the next year(s), so pick a group of customers you are fascinated by!
Wrote a post to summarize the general opportunities I see for startups in ML infrastructure based on my time at FF, Scale, & doing ML at Google - . Compared to data tooling (my last post), the best-of-breed ML stack is even less obvious.
Fun fact: during Box’s Series B we were in the midst of pivoting to the enterprise, with an untested freemium model, and running out of runway. The strategy was speculative. Every partner we pitched passed, but one associate (
@mamoonha
) fought to push the deal through, saving us.
Have a friend packing her stuff to move from NYC to SF and she just asked me what people in SF wear to "go out". What should I respond? Funny answers only.
One of the best VC feelings - getting enthusiastically thanked for connecting 2 ppl who would not have met otherwise. Has led to lots of idea sharing, SaaS purchases, hiring, fundraising, and ~hopefully~ a company forming soon. Please RO if you think I could be helpful w intros!
Cohosting 2 poker games in SF over the next few weeks with founders of seed stage startups. We are looking for a few engineers to join each who are open to considering new opportunities (win / win, you get to play poker & learn about a new cool company). DM me if this is you!
After mask mandate removal announcement was made, the cabin broke into loudest celebration I’ve ever heard on a flight & basically everyone took off masks (NYC => Miami)
Startup areas I'd love to chat with people working on & learn more / jam...
- LLM applications
- Wasm applications
- Anything in crypto security
FF is thesis agnostic, but some spaces feel ripe for 10x improvements (with strong founders :) )
Word of the year for me - "focus". Last year I purposely cast a wide net to explore & learn (which was quite fun/informative), but this year I'm doubling down on what works best for me personally and saying no a lot more otherwise.
Lot of talk about AI reliance decreasing human ability, but there's strong effects in other direction too- friend who uses DALLE regularly finds meditation visualization much easier now & programmer friend who uses Copilot says he hasn't learned so many new techniques in years
To say the least, times are crazy. If you're looking for new roles in engineering/design, please ping me - lots of companies I work with are hiring! Would love to help you find your next role.
Kinda cool how
@scmallaby
's The Power Law (which is an incredible read about the history of VC) ends by discussing the perfect "embodiment" of the power law --
@foundersfund
&
@traestephens
' incubation of
@anduriltech
.... "If others are daunted by a problem, go there."
My top advice on picking very early startups to join:
- Must 100% trust CEO/founders: either thru past relationships, references, &/or spending a *ton* of time w them before joining
- What type of customer do you want to work w for 4+ years?
- Signals from investors / early team
There's VCs being theoretically helpful, and then there's the fact that for a recent enterprise portfolio company, KP made 16 executive-level customer introductions over the past 3 months. We have a truly incredible GTM/BD team & network! 🙏
Thankful for God, the USA, my family & friends, and the incredible people I have the opportunity to meet & work with each day. Living the dream and feel so lucky!
VCs / media: “Looking at ChatGPT website page visits, this AI hype is dying down”
Founders: “I recently stopped telling my friends about [GPU cloud provider] because I need to keep every GPU I can to myself”
Importance of behavioral references & high-signal interview can't be overstated at earliest stages of a startup. Some good questions to consider asking:
* What's a time you went out of your way/role to fix something?
* What's a time you thought you weren't going to accomplish…
Caught up with a founder today who downloaded the
@ycombinator
"countdown to demo day" chrome extension, even though he's not in YC. Apparently, multiple ex/non-YC founders download it annually to create a sense of urgency like the current batch. Anxiety-inducing but effective!
References for hiring are so tough - a person in the wrong role / wrong company can be mediocre & in the right role / right company can be incredible. Same applies to founders & founder references as well. Have seen many times!
Sickest burn of 2024: acquantaince gets feedback he really shouldn’t use AI-generated voiceovers for his demo videos (to sound more genuine) aaand… it’s actually just his voice 😂
What I'm esp. cognizant of during LLM app pitches (while my eyes go 🤩 during demo) -
* Are the founders problem-first vs solution-first?
* Can they build a product/biz after the 🔥 demo?
* Are they iterating leanly to test out hypotheses with efficient amount of $ spent?