I was once told by a *very prominent* VC that I should lie about our progress, so we can get a check and do what we claimed to have already done because βthatβs how the game works.β
IDCβIβll never violate my ethics or morality. Once you lose that, thereβs nothing left.
Becoming an investor with zero experience in startups is a huge reason for founder/investor disconnect.
If you want to get into VC, get your hands dirty first so you know the environments youβre investing in.
Using what I've learned in
@emilkowalski_
's course to explore a friendly AI command menu (heavily inspired by
@benjitaylor
's work on
@family
).
Keeping a native, fluid, friendly feel while on web is top-of-mind... what do you think?
Supporting founders who failed is one thing.
Willfully and eagerly backing those who burned their last venture to the ground while getting rich off of secondaries and screwing their employees is another.
Every successful founder I've ever met experienced pushback, disbelief from community/investors/friends/family, and other (seemingly) insurmountable hurdles.
If you're fighting through wilderness, remember it's a natural part of the journey towards something great.
Recently, I've been trying to improve my design skills using iconography as a medium. Here are a few I've put together:
- Basewell development & iPhone icon
- Pages for empty states in-app
@frantzfries
@zillowgonewild
Ironically, when I worked in luxury real estate, we saw crap like that all the time.
Millions for houses with the same construction teams that were building the cheap suburban housing... such a shame!
Great founders know what rock-bottom feels like.
Maybe it's a contrarian opinionβmaybe notβbut I'd be hesitant to invest in someone who never experienced deep hardship.
Your employees wonβt stay forever. It should be your goal as a founder that when they move on, theyβre better off because of their time at your company.
@rauchg
@X
Hard agree. Itβs difficult for a platform to be a βpublic squareβ when it canβt be viewed without logging in, and conversations not contained to the βpublic squareβ are de-prioritized.
@ImSh4yy
This is absolutely the wrong approach. Many customers donβt want a long-term commitment off the bat and are using their first month as a test.
Traditional downtown districts can't be built in most cities today due to modern parking mandates. These regressive regulations require property owners to build excessive parking spaces that make places unwalkable, uninviting, and financially unproductive.
#BlackFridayParking
If someone drilled a hole in a boat and leftβand the boat started sinkingβyou wouldnβt say βit wasnβt their fault, theyβre not there anymore,β you would say βthey drilled the hole that sank the boat.β
Okay so real founder moment: we have a problem. A good problem, but still a problem: we literally canβt grow fast enough to keep up with demand. Inbound interest is insane.
Basically, in 133 days, we/weβre:
- Built/shipped MVP
- Launched $$$
- Growing revenue 4x m/o/m
- Rapidly
Seeing lots of people sounding the alarm that society isn't ready for widely accessible AI after ChatGPT's popularity explosion on Twitter.
A reminder that history repeats itself, and fear of new tech, ideas, information, and societal progress is a tale as old as time. β
If you are the CEO or CFO at a business who banks with SVB; here are some things you CAN do over the weekend
1. Build a 4 week rolling daily receipts and payments style cashflow forecast.
2. Gear up finance team to actualize & reforecast every AM by 10am
@alexiskold
imo this is all about stage. Seed+, founder should be full-time. But I know tons of pre-seed founders that have to work additional jobs while the idea gets in motion, because they canβt just take 3-15 months off of income.
What do you think? Does stage matter here? π€