Matthew Giampetroni
@matthewgiampetroni
Venture Capitalist at Velvet Sea Ventures
Matthew Giampetroni
- “It’s frightening to think that you might not know something, but more frightening to think that, by and large, the world is run by people who have faith that they know exactly what’s going on.” -Amos Tversky
from Attention Required! | Cloudflare by Howard Marks
- Achieving profitability is the most liberating action a startup can accomplish.
from On the Road to Recap: | Above the Crowd by Bill Gurley
- To get rich you need to get yourself in a situation with two things, measurement and leverage. You need to be in a position where your performance can be measured, or there is no way to get paid more by doing more. And you have to have leverage, in the sense that the decisions you make have a big effect.
from How to Make Wealth by Paul Graham
Capital allocation should support a company’s strategic goals. Capital allocation should start with an assessment and approval of strategies and then determine which projects support the strategies.
from Capital Allocation by Dan Callahan
As a founder, the most valuable optionality you have is the equity you haven’t sold, and the dilution you haven’t taken. But the second most valuable optionality you can have is a valuation that’s not too high.
from Debt is Coming by Alex Danco
Debt can also scare off growth equity funds, who don’t like not being the most senior money in the pref stack.
from Debt is Coming by Alex Danco
I think of as each of us having built up an intangible asset over the previous chapters of our lives, a distributed reservoir of credibility that is held in trust by your friends, mentors, and former colleagues. Your task is now to convert that intangible asset into a tangible asset
from Letter to a friend who may start a new investment platform by Graham Duncan
Cash deals do better, on average, than deals funded with equity or a combination of cash and equity.36 The basic idea is that management of the buyer will finance a deal with cash if it thinks the stock of its company is undervalued and will use stock if it thinks it is overvalued. Cash deals also provide a higher payoff for the shareholders of the
... See morefrom Capital Allocation by Dan Callahan
The frenetic build-up of bubbles and their violent collapse provides some of the purest examples of the mimetic process—they crystallize fear, hope, hype, overconfidence, or under-confidence
from Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles by Byrne Hobart