Sublime

New @ThePeelPod episode The Story of Haystack with @Semil Semil is the Founder of Haystack, a venture capital firm backing outlier founders at the earliest stages. Semil started Haystack in 2013, and has since invested in 16 unicorns like DoorDash, Instacart, Figma, HashiCorp,… Show more

One thing I’ve thought for a long time is that people building startups are building complicated machines. They carry out a bunch of functions, maybe they proofread your documents or produce widgets, or whatever, but the machine also has a button on it that says “make money.” And everything kind of relates to that button as you’re building it, but... See more

Ribbit wasn’t the lead investor in any of their biggest value drivers. They didn’t lead any of the initial rounds above for Coinbase, Robinhood, Nubank, Revolut, but still wrote meaningful checks and had exceptional returns.