Rahul Iyer

Building Synthetic Institutions. Former researcher. Angel to 50+ companies. My favorite activity is calling out BS.

[Rahul Iyer @AngryThermostat]

@venkyganesan @anshublog @vas Thanks for clarifying this @venkyganesan. I stand corrected in my assessment, but I hope you understand that no founder likes to be an option bet even if that's a smart way for a multi-stage fund to construct a portfolio :)

[Rahul Iyer @AngryThermostat]

@zebird0 The result is the same, 2 mins of high level VC slop and then the standard gtg

[Rahul Iyer @AngryThermostat]

@brianzhan1 @venkyganesan @brianzhan1, are you vouching for the spray and pray, aka investing in options at seed strategy, that @venkyganesan is talking about?

[Rahul Iyer @AngryThermostat]

@vas @vas, this is exactly the kind of thinking that explains why @Accel has done just one good seed deal over the last 3-4 years. Any guesses on which one I'm talking about? ;)

[Rahul Iyer @AngryThermostat]

@saranormous Then why didn’t you invest in @coreauto?

[Rahul Iyer @AngryThermostat]

@davj lol why didn’t you just say Ram Shriram for Google

[Rahul Iyer @AngryThermostat]

@katieruthmishra Haha as an Indian I was just curious, thanks for sharing 😀

[Rahul Iyer @AngryThermostat]

@venkyganesan @venkyganesan it's all good no need to damage control now, you're lucky you're a growth investor anyway, but ain't nobody raising seed from @MenloVentures no more

[Rahul Iyer @AngryThermostat]

@varunram if you tweeted less about VCs maybe you'd get an additional 10M ARR too ;)

[Rahul Iyer @AngryThermostat]

@HarryStebbings Also the only good seed deal @MenloVentures has done in recent years is @higgsfield and they botched it up by not excercising their call option lol

[Rahul Iyer @AngryThermostat]

@HarryStebbings This is why you should never raise seed from a multi-stage, you’re just a call option for them that they might close anytime just like I do on my Robinhood 🤣

[Rahul Iyer @AngryThermostat]

@HarryStebbings, @MenloVentures doesn’t own >4% of Anthropic to make 50bn+, Anthropic’s ARR growth has stalled big time last quarter so I wouldn’t just confidently put these numbers out there and jinx it for them haha. Menlo did invest in the 4BN round but with a smaller check, they went big with an SPV in the next round at 18B or so

[Rahul Iyer @AngryThermostat]

@nic_detommaso @BainCapVC playing game 1 hard right now

[Rahul Iyer @AngryThermostat]

@matanSF @gradypb @mmurph @FactoryAI @khoslaventures Nice I hope you have reconciled with @vkhosla

[Rahul Iyer @AngryThermostat]

@deedydas @deedydas idk man, seed rounds are like anything upto 100M now, so if you’re investing like anywhere from 5M to 30M in a seed deal and you’re not a gigantic fund, I’d have to say you can be a high conviction seed investor like @saranormous

[Rahul Iyer @AngryThermostat]

@DaveRBanerjee He knew worst case his domain name would be worth a lot if all else failed :)

[Rahul Iyer @AngryThermostat]

@HadickM @HadickM, you're just a hater. SBF literally deployed less money than every multi-stage fund in that period and mogged every single one of them. Give credit where it's due and fwiw, @dragonfly had a spray and pray rep in crpyto