We just reinvented venture capital and obliterated the barriers to entry… | Adeo Ressi | 90 comments
Adeo Ressilinkedin.com
We just reinvented venture capital and obliterated the barriers to entry… | Adeo Ressi | 90 comments
1/ Some friends and I are trying an experiment:
$400k for 7% on a SAFE, *before* you've picked an idea for a startup
https://medium.com/south-park-commons/announcing-the-spc-founder-fellowship-88e8f4c2ba9c... See more
Then, we decided to revisit fundraising (and do it differently). We set up an AngelList Roll-Up Vehicle (RUV). Through an RUV, any accredited investor can contribute, up to 250 individual investors in a single round. Our first step with the RUV was to email it to our customers. Why? Because fundamentally, I wanted to enrich the people that are maki... See more
How We Just Raised $6M At An $80M Valuation From 100+ Investors Using A Link (Without Pitching)
VCs have adopted a home run approach. They expect to fail most of the time, but when they win, they win big.
Ilya Strebulaev • The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth
Today we announce a new venture, @ottrisk
Over the last year a few things have become clear: the world is more uncertain than ever, and the situation for small businesses is more perilous than ever.
Technology and capital can play a role in solving this problem.
The venture ecosystem went from cottage industry outsider to institutional insider – from a nascent practice to a consensus component of institutional portfolios. The result has been the industrialization–and bankerization–of venture. Firms that make dozens or even hundreds of investments per year, relentlessly focused on assets under management, u... See more