VC @ Social Impact Capital. Seed only, investing for VC returns + social impact. Technology sister, deeptech industrialist, and a one-woman party round. e/acc
Tech guys are hot, actually
My friend
@sbaileysavoy
and I were having a conversation about how tech guys are hot, actually, they just dress terribly. Skill issue.
We’re trying a stylist service where, for $100, we’ll do a brief call with you to discuss your fashion philosophy,
@TBPInvictus
My neighborhood Halloween decoration contest is so competitive last year I only got 2nd place with 140 realistic black crows. I lost to giant cockroaches and a custom neon sign saying “Roach Motel.”
My very first investment and now my very first liquidity event. A big thank you to the
@openinvestco
team for taking a chance on a new VC. It’s teams like you that change the world.
@pmarca
China is world-class at industrial espionage: in 2021 the FBI was opening a China-related investigation every 12 hours.
Open source is the best way to foil this.
People who are good at ruling are not good at war, and people good at war are not good at ruling: this has been the most fundamental paradox of history and has shaped everything.
@BaldingsWorld
@sbaileysavoy
Oh yeah, that's an easy one. We'd recommend something like this, but one size larger, not roll up the pants, and a brown belt.
Fashion was one of the best investments I’ve made.
People are nicer to you, you get to skip lines, and walk into places without being stopped. 😬
The amount of dope people I’ve met because they liked my outfit is insane.
If the world is shallow, just play your cards right.
I’ve often commented that crypto feels like they’re creating in from first principles the whole financial industry. See FDIC insurance being discovered in real time!
“A dying culture invariably exhibits personal rudeness. Bad manners. Lack of consideration for others in minor matters. A loss of politeness, of gentle manners, is more significant than is a riot.”
Robert A. Heinlein
Top 1% pays 45.8% of US income taxes.
But we have even greater disparity in educational outcomes than income.
Unpopular reality: a small, mostly intelligent & hardworking elite creates a large % of our economic value; most countries persecute that would-be elite and stay poor!
Business models that would exist if mommy-capitalists ran the world:
1. bar/playgrounds
2. cardio that is really just putting on loud music and dancing all-out with your child for an hour
3. hybrid homeschooling
@darrenmarble
Katrina Lake (Stitch Fix), Whitney Wolfe (Bumble), Edita (Doundna), Heather and Trina (Figs), Helen (iRobot), Diane Green (VMwear), Sandy (Cisco), Estée Lauder, Julia Hartz (Eventbrite), Emily (Twist).
Today is an extremely special day for women everywhere.
Today in 1870, the first brokerage led by women was opened on Wall Street, Woodhull, Claflin, & Co.
@KTmBoyle
I once found the best executive assistant in the world by placing a Craigslist ad that had a set of 6 instructions in it. (e.g. "to apply, put Executive Assistant in the subject line, attach a resume, and so on.) Then I built an email filter to filter only those emails that
Every single time a reality show contestant says, “I didn’t come here to make friends, I came here to win,” they lose. Winning is actually about making friends.
Jamie Dimond is forecasting a world with 40% less office demand, and I agree. But we need at least that much housing. Who is working on retrofitting office space into residential?
I’m really not looking forward to the technocommunist movement: “even though we’ve failed at every other point it’s been tried in human history, usually with mass loss of life and suffering, it will really work this time when economies are distributed and planned by AI.”
@darrenmarble
I really think it's a myth that VCs "gather intel" for existing portfolio companies. Early-stage is almost never about competition and most VCs don't care: 99.9999% of companies die by shooting themselves in the foot, not competition.
My daughter (3) has almost never eaten cake, but the only TV she watches is people making cakes. So she thinks of cakes as something you make not something you eat—the best you can do in modern parenting.
I hate this take because is assumes I’m not a woman—I am very much a woman and would be overjoyed to work in any of the Gundo cultures.
Always seriously annoying when men start speaking for you.
My Gundo take is that great company cultures are repulsive to some and irresistible to others. They’ve got something special goin.
But if you can’t recruit any women…at all…you either keep playing business with your bros or swallow your pride and get serious about the work.
I don't think that even I realized just how much money there is in social impact investing.
Our highest-performing company cleans saltwater to create potable water, the
#1
most used product on Earth. Now, a new investment in the
#2
most used product on earth: cement.
Both
Excited to announce SIC's investment in DTE Materials, the world's first scalable bioaggregate for green concrete building materials. Concrete is the second most used substance in the world and contributes to ~8% of global CO2 emissions. We're excited to partner with DTE to help
Every single Italian that sees my daughter says “Principessa!” and she believes now she’s an Italian princess and it’s getting harder and harder for me to explain to her she’s not.
It's actually not. The best way to raise capital is to have a clear plan and execute it well, not to play signaling games.
Besides, even if your signaling games work, then congrats, you've just closed the dumbest money in VC.
Unironically the best way to raise capital is to tell VCs you don’t need any.
Raising for VR is particular hard so current
@EarthlingVC
strategy is pushing teams to profitability asap and riding the tailwinds (2 of 8 down, 6 to go)
1] Proprietary dealflow at the Seed stage is not a thing: almost all the best companies had a hard time raising their Seed round.
THREAD
Jeff Bezos pitched 60 investors, and gave away 20% of Amazon for $1M.
I don't need companies I invest in to be perfect, but I need them to be honest. Confusion in the deck between where the company could be and where it is at (happens often) is an immediate pass. I want to invest in founders that I know can fundamentally see reality.