A few months ago I said that if it a mid career VC and not quitting to raise for xyz.ai idea you were incompetent
In the last month I’ve met multiple very sharp“little p” Partner types doing just this who will raise fast
Good for them
The one thing I have to give Antler credit for is the equal value exchange they provide.
You get: the worst deal in the history of deals
They get: equity in a company that goes to zero
fomomo (foh-moh-moh): fear of missing out momentum investing; a style characterized by by chasing rapidly rising assets driven by recent performance and social sentiment, often with little regard for fundamentals
see also: venture capital
fomomo (foh-moh-moh): fear of missing out momentum investing; a style characterized by by chasing rapidly rising assets driven by recent performance and social sentiment, often with little regard for fundamentals
see also: venture capital
Prescient
Also why I'm aggressively detoxing the fam from digital and building healthy habits for the kids (the same ones that partner and I grew up with, nothing crazy)
Tech has utility, that shouldn't be constant pleasure
Prescient
Also why I'm aggressively detoxing the fam from digital and building healthy habits for the kids (the same ones that partner and I grew up with, nothing crazy)
Tech has utility, that shouldn't be constant pleasure
I intro a founder to a VC after mutual opt in
Saw that VC and asked how the meeting went; said she liked it but passed because of the founder
Saw founder & learned VC passed WITHOUT ACTUALLY TAKING A MEETING
Took intro blindly & passed after looking at founders background
LOL
Idk I feel like this Leopold kid is going to blow up, go to jail, or become the best performing investment manager ever and there is no in between. Really wanna see Polymarket odds on that.
Gist of a coffee with an EM today
"Doing deals that I dont love in the first 2 funds because they'll get marked up fast, show momentum, and I'll be able to keep raising. May get lucky and one will be a power law outcome but Im defualt alive as a firm"
Wtf are we doing
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