GP @SusaVentures (seed investor in @RobinhoodApp, @Flexport)
Prev: @Caltech; 2nd eng hire @LinkedIn; @Google
π§ me; warm intro=unnecessary
https://t.co/ALcqIOEpxs
Great thread. The other common reason I've seen is "this person is not amazing, but pretty good, and maybe that's good enough? Let's wait a few more months and reassess later." (A few months later: "damn, should have trusted my gut earlier on them not being amazing.")
Great thread. I have the opposite take on this point: I think it's easier to fake it. You can get a 10x markup on a company within months of a seed round. The 10x no longer means anything -- but it LOOKS good. Now you can tell future LPs your first 10 bets are ~2x after <1 yr..π§
Another great thread on SF from @michelletandler. I was a liberal but gradually shifted to libertarianism because free markets are much better at improving people's lives than the govt. I DM'ed Michelle some though about this, & figured I'd repost publicly if anyone's interested.
Incredible thread about Tiger. I feel like a few years from now, working with many larger venture firms instead of Tiger will be the equivalent of "support your local business." ("The operational efficiency and economics are worse, but don't you want to support the little guy?")