Andy Reed

Just a dude playing a dude dressed up as another dude

[Andy Reed @AndersonReed]

@ryancarson @HarryStebbings

[Andy Reed @AndersonReed]

@andywalkerhq This is awesome. How do you structure your arrangements? Flat fee or retainer?

[Andy Reed @AndersonReed]

@jdevalk Super cool

[Andy Reed @AndersonReed]

@drgurner Are you looking for a more minimal phone or just less colors?

https://t.co/qeKzHnBV5E

I had the v1 but it couldn’t handle group texts so I only used it for about 4 hours.

[Andy Reed @AndersonReed]

@StartupArchive_ Most "startups" are not a fit for VC.

VC power laws dictate that only 1-2 per companies / portfolio succeed.

Most high-growth companies don't need that much capital.

Better options: bootstrap, angels.

https://t.co/ZbHDWZvO4y

[Andy Reed @AndersonReed]

@nlw Not sure if I agree with this. Balance sheet, network affects, data mode, physical, compute assets. The terms of competition may have just shifted from software to intangibles and hardware.

[Andy Reed @AndersonReed]

@Grummz The 1st key insight is not that coordination costs themselves have changed, but that when measured as a dollar amount (given the same % revenue assumption) the cost is more.

The 2nd, perhaps more nuanced insight, is that meetings therefore require extremely high value agendas.

[Andy Reed @AndersonReed]

@pitdesi Interested to see how other factors like the size of the angel investor community compares. It also seems like there are a lot of “venture studios” here but not in SF.

[Andy Reed @AndersonReed]

@davidgobaud @pitdesi Founder pedigrees in NY seem to be lots of ex capital markets people. Broad generalization but def more of them than in SF.

[Andy Reed @AndersonReed]

@justingordon212 Generally no but sometimes in hyper specific markets yes. For example, breaking down and clustering cloud infrastructure. All these companies look the same to me so it’s helpful to understand distinguishing features.

[Andy Reed @AndersonReed]

One of the wildest things I was introduced to this week is bioactive glass. First introduced in 1969, its applications in medicine are just being explored today.

https://t.co/G4s1z76t9H

[Andy Reed @AndersonReed]

Cautiously excited about NY Tech week. As a friend said, hoping to attend some events that are not grindingly embarrassing.

[Andy Reed @AndersonReed]

@Spshulem Cool. Would love to learn more. Will check out

[Andy Reed @AndersonReed]

@NWSBayArea Excellent band.

[Andy Reed @AndersonReed]

@MartinGTobias Why single?

[Andy Reed @AndersonReed]

@steviemctweets At the Seed stage - totally useless. I care more about the first 20-100 customers. At late stage, it informs pricing.

[Andy Reed @AndersonReed]

@haridigresses Strategy

[Andy Reed @AndersonReed]

@mikulaja I think you mean: the older I get, the more I like myself and am able to find fulfillment internally.

[Andy Reed @AndersonReed]

@FreedVC These are a great start and worthy of a 1 pager. Are there follow up questions that give you pause once they pass these gating factors?
- founder dynamics
- market competition and strategy
- end market economics and pricing

Those are mine.

[Andy Reed @AndersonReed]

@GravitysRa1nbow @tarnshed He was a defense contractor? That explains all the government characters.