Sublime
An inspiration engine for ideas
Moth is a fund focused on enabling exceptional individuals early using both grants and investment dollars. My goal is to establish a replicable funding model that aligns the economics to incentivize supporting individuals from exploration all the way through to world-shaping company.
Molly Mielke • Manifesto · Moth Fund
8. First order irrational, second order rational (h/t Chris Paik)
Talia Goldberg • Distribution and conversion models for consumer startups
Manifesto · Moth Fund
mothminds.com
The best example of this alternative product is Indie.VC, run by Bryce Roberts. Over the course of 6 years, Indie invested in 40 companies. It held the two key components of limited fund size and gave equity optionality through redemption clauses or equity buybacks. The results are encouraging, with a 51% IRR and 4.3x TVPI, while 87% of the compani... See more