CEO of Google
CEO of Microsoft
CEO of Adobe
CEO of Twitter
CEO of Mastercard
CEO of Pepsi
CEO of IBM
CEO of Albertsons
CEO of Micron
CEO of Netapp
CEO of Nokia
CEO of Palo Alto
CEO of Arista
CEO of Novartis
and today...
CEO of FedEx
dear black founder, as an entrepreneur and VC it's my responsibility to mentor and invest in you. bridging wealth inequity is one way we can help address our structural racism.
please email me nihal at eniac dot vc to chat at any stage of your business.
#BlackLivesMatter
My dad first came to this great country from Jodhpur, India in 1968.
He borrowed $1k from his uncle for the trip and got a full scholarship for a Masters in Mechanical Engineering from Marquette University.
He got an arranged marriage with my mom in 1972 and they both came to…
and
we
are
LIVE! 🚀
in < three days this amazing team launched
@helpmainstreet
to help local biz recover lost revenue, starting with the aggregation of all existing merchant gift cards nationally.
pls share broadly, give, and add your fav biz!
/1
excited to put together this virtual event in 9 days (tues feb 9, 7p et) with friends
@chamath
@LaurieSegall
@AndrewYang
, and a truly all-star host committee
get tix before they sell out @
Thx everyone for sending suggestions in! Full list below on LI and will keep adding as more come in.
PS this brings a whole new meaning to "What can brown do for you?!"
Ann, immigrants have founded more than half of America's companies valued at more than $1B (319/582), and Indians have founded more of those companies (66/319).
#facts
#USA
Curious: How many of these businesses did Indians create, as opposed to slide in as a non-white (YAY!) CEO?
(I say again: Black people, all the good affirmative action jobs are being taken by Indians.)
"education in america is completely f*cked... i would take the best public school teachers, pay them $1m/year like an athlete.. teachers should be judged on ability not tenure." -
@chamath
It's a dream to do what you love- serving founders- with who you love.
Today we
@EniacVC
are proud to announce $220m in new funds from majority mission driven LPs.
Grateful to our team, founders, LPs,
#nyctech
, and the community (you!) for this continued opportunity. 🙏🏾
I'm so pleased to welcome
@reshmasaujani
to the board of
@onwardtogether
. A lawyer, public servant, and the founder of
@GirlsWhoCode
, Reshma is the definition of a creative change-maker. We're all thrilled to have her on the team as we continue the fight for progressive values.
After much debate, my family and I have decided to leave NYC and move to Miami this summer. We look forward to our meeting with Mayor
@FrancisSuarez
.
h/t
@davidrgoldberg
signed a term sheet today with an epic 2x multi-hundred-million-dollar-exit founder, the pioneer and leader of a specific industry, who i've known for 12 yrs but never had the chance to formally work together.
most people forget about the long game in your work, and your life.
BREAKING!
OVER 100 WOMEN ARE ELECTED TO THE US HOUSE OF REPRESENTATIVES FOR THE FIRST TIME IN US HISTORY
OVER 100 WOMEN ARE ELECTED TO THE US HOUSE OF REPRESENTATIVES FOR THE FIRST TIME IN US HISTORY
OVER 100 WOMEN ARE ELECTED TO THE US HOUSE OF REPRESENTATIVES FOR THE...
15 years ago tonight, June 19 2008, I had a "first date" (aka an Obama fundraiser planning mtg) with this beautiful woman, on the roof of Soho House in NYC. I'll never forget that night and the absolutely epic journey that it kicked off. Can't wait for the next 15. 😘
"Dear founders, if you want to partner with a firm that's aligned with your incentives, partner with a firm that doesn't have a lot of money." -
@fredwilson
#nycsummit
HUGE WOOOOW to my wife
@reshmasaujani
and the incredible
@GirlsWhoCode
team: they have reached 90k girls in all 50 states (half of which are from underrepresented groups) and are on track to single handedly close the gender gap in the US by 2027! 👏🏾💥🚀
dear founder who claims to have raised their seed round before we're scheduled to meet, why cancel the meeting? you never know what you'll learn or intros you can generate. 90%+ of the meetings we take do not result in investment but always try to make at least one killer intro.
always invest in your friends startups.
celebrating their Ws is one of the best feelings ever.
(and, you're probably going to help anyway so might as well share in the upside) 🚀
this man
@sama
-- is the real deal.
back in 2008 we were competing in the LBS space (well i was competing, he didn't know we existed 😆) - he was running loopt, and me buzzd.
today he is the CEO of possibly the most impactful company of this generation, but he is much more than…
How do you gently say no to people (who you only sort of know) who ask to have coffee with you but there's no reason, no agenda, and you're trying to protect your calendar?
today i'm 4️⃣4️⃣ 🤯
& i'm very grateful 4️⃣
my amazing wife kids and 🐶
my mom dad sis and fam
our incredible friends
my partners team and founders
our running crew
an effective + empathetic POTUS
💉 in arms
kids back to 🏫
🚁 on mars
social justice in 🇺🇸
& all of you!
everyone needs to see
@MJtheMusical
ASAP
lucky to see it on michael's anniversary, what an absolutely incredible artist
thank you
@reshmasaujani
for the extended father's day ❤️
last five days in
#nyctech
:
🔥
@roman
raises at $5B
🔥
@olo
lists (currently trading at $4.6B)
🔥
@Dataminr
raises at $4.1B
🔥
@KomodoHealth
raises at $3.3B
remember when the doubleclick acquisition by google ($3.1B/2007) was the biggest deal here for a decade?
#nyctech
on 🔥
Last week,
@EniacVC
hosted a fundraising workshop for emerging fund managers with some of its amazing LPs and 30 incredible VC firms in NYC, in the worst fundraising market since 2008. Here are some of the takeaways.
Top 10 tips on how GPs can fundraise effectively in this…
so proud to host
@AndrewYang
(and the rabid
#YangGang
) at the well in chelsea NYC. his meteoric rise 🚀 is incredible and goes to show you you can do anything in 🇺🇸 if you put your mind to it. congrats brother!!!
🇺🇸🇺🇸🇺🇸🚀🚀🚀
“They will be paying for our generation’s decisions the rest of their lives”:
@JanCBS
explains why she thinks 2021's biggest underreported story was the devastating impact of COVID policies on children
so proud of our friend
@JoshuaKushner
but most of all about his epic humility. when we were both building in NYC tech in the early 2010s we used to grab no. 7 subs in nomad and chat about everything. miss those days!
Fundraising tip
#7
Dear Founders (who are currently raising),
It's August. Sure, definitely talk to as many investors as you can in August. But you might want to call them "coffee chats" and keep a list of folks you vibe with for your "official fundraise" which kicks off…
beyond honored to witness my wife
@reshmasaujani
give the commencement address
@smithcollege
, one of the best women's colleges in the world.
tune in starting at 1030a et @
i am grateful to my wife
@reshmasaujani
for today's win. she has been fighting tirelessly for a better future for all of us, speaking, writing, marching, protesting, hosting, lifting up future leaders, inspiring hundreds of thousands of us while she does it.
you did it resh ♥️🇺🇸
OOTO NOTIFICATION ON, for the next month, while on paternity leave. grateful to the best partners in the world
@Hadley
@timy0ung
@vicsingh
and team
@annaring
@kristin2elise
to let me focus on my new family and most important job title-- "dad" 🙏🏾🙏🏾🙏🏾
something i always try to ask a founder during a pitch:
"how did you come up with the name of your company?"
sometimes their answer is not that interesting, but often it's very insightful
👀 got to hang IRL with one of our best CEOs this week, hitting an inflection point, tripling revenue 50% above plan after the series B.
i asked him HOW??!, he said two things:
1- hired a great VP of people to level up the team
2- got every exec at the company a coach
yep, that was the 🏆🏆🏆 of zoom webinars!!!
thanks
@meghan
@chamath
and
@AndrewYang
and all of you for attending. we're looking forward to getting andrew elected as the next mayor of NYC. 💪🏾
I spent three days with a group of multimillionaire entrepreneurs in Montana.
10 key learnings (that everyone needs to hear):
1. Freedom is the real goal. Once you’ve achieved a certain level of financial success, everything becomes about a quest for freedom. Being able to do…
just spoke to a founder who i angel'd 10+ yrs ago w/ a big exit & a hugely successful product that i still use daily..
this founder is starting a newco and we're lucky to have the oppty to invest. at the end of the call the founder said they got emotional.
i did too.
#vclife
strongly disagree. the big 🍎 is the most resilient city on 🌎:
👉🏾 people said the same post 9/11, NYC came back stronger
👉🏾 NYC will always be the most desirable place to live for the most ambitious people in the world (no better city to "level up" your game)
"NYC Is Dead Forever" by
@jaltucher
is one of the most sobering essays I've read on the pandemic's impact on NYC.
Agree? Disagree? How long do you think it will take to bounce back?
my (accidental) path to VC
started a bunch of startups, most of them failed
started angel investing from the successes
found 3 friends from undergrad who had similar trajectories and decided to start
@EniacVC
together
nutured network every step of the way
here i am! 👀
the two best things of being a VC are being inspired by world-changing founders everyday, and returning capital to your earliest investors. today was a good day for both ☺️