Sublime

@jevgenijs he's the 🐐—the way he invested in yelp (through his Roth IRA) is genius https://t.co/NURwQFcSzZ

Been investing for 5.5 years. I have returned almost no capital, but have lead 1 round from seed investor->unicorn, 1 more coming shortly, and another hopefully a bit later in year. So I have at least learned some things. Here are my learnings for New GPs/Managers, fwiw:

Warren Buffett: "I have an old-fashioned belief that I only should expect to make money in things that I understand. I don't mean understand what the product does. I mean understand what the economics of the business are likely to look like ten years from now." https://t.co/nQ35Uvt83j

Literally fool proof way to get rich > Have income > Save 10% of every dollar you touch > Put that 10% on a monthly deposit into a handful of big tech stocks you have conviction in (Google and Amazon for me) > Once you have enough for a house buy one > Do it... See more

This is unironically the most useful thing to do if you’re trying to understand how public markets work (esp how analyst sentiments can move share price). Buy 1 share of something you care about, peek at performance, read news, dial into quarterly earnings. The dots will connect. Owning that 1 share is enough of a... See more