perspectives on funding and venture capital (VC)
how VC is evolving, and musings on funding alternatives for founders
sari and
perspectives on funding and venture capital (VC)
I just think that most VCs don't have anything that they truly believe in. Which makes them hard to be indistinguishable from soloists. Because what do you care about? If you don't believe in anything, it means that you don't deeply truly care about something. To me, I mean, maybe this is harsh, I think that's like someone without a soul. Like they... See more
Kristian Michail • Chapter 01: Facing the Anti-Christ
from Joseph Jacks (OSS). Reminds me of what Elon Musk said in his Walter Isaacson biography - most VCs have no creativity or insight.
🍋 Make Lemonade Podcast 🍋
Turning down a Series A term sheet at a $50m valuation 🤯
Our CEO @jrfarr explains why we chose to turn down a $50m valuation series A and bootstrap the company instead.
Full video link below ↓
seems like a tidal shift in founders relationship to VC happening
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://t.co/jQIjyj5w5y
I've done this w/ 3 founders since 2017. 100% of the companies have raised a A and they are worth... See more
Avichal - Electric ϟ Capitaltwitter.com
I have a theory, which has not let me down so far, that there is an inverse relationship between imagination and money. Because the more money and technology that is available to [create] a work, the less imagination there will be in it. My favorite films are those that were made on a shoestring. And they weren’t adaptations of some other work,... See more
Alan Moore on imagination and money
![Thumbnail of [No. 3] Brand and AUM](https://substackcdn.com/image/fetch/w_1200,h_600,c_fill,f_jpg,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa7a21bd0-d7dc-492f-b621-90eef5465fff_482x323.png)