This has a significant impact on the competitive advantages of a firm in the market as it scales. When party rounds were the standard course for smaller seed firms, connections were the scarce skill set, enabling access to deals led by other reputable firms. As these funds have become larger and rounds have become increasingly tighter, conviction b... See more
Fund II notes
We modern Israelites have also been worshipping false gods.
Our American idols are prestige, power, social acceptance, popularity, elite opinion, and the Ivy League—but I repeat myself. Our idols are the coveted board seat. The best tables. Relationships with the pretty people.
We put truth on the altar, as if it were a tithable commodity, to remain ... See more