Anthony Zepponi

Investor @ethos_vc l YPC @stanthonysf l Automation Economy l Formerly @ICONIQGrowth

[Anthony Zepponi @AnthonyZepponi]

@dadiomov Virtual cards with monthly limits.

See @PrivacyHQ @tryramp etc. for solutions

[Anthony Zepponi @AnthonyZepponi]

@DavidMoffatVC @jasonlk I see a lot of Seed funds reserve ~30-40% for reserve.

That could very quickly become a concentrated Seed fund if you were writing checks at that size (sure recycling can solve some of this).

[Anthony Zepponi @AnthonyZepponi]

@DenehyXXL @jasonlk 😂

Although GPs, even good ones, can find ways to make exceptions.

You’re absolutely seeing this at Seed today where massive funds are writing smaller checks into early rounds. I think this will start to taper off as Series A+ continues to rebound but Seed has been crowded.

[Anthony Zepponi @AnthonyZepponi]

@jbwill910 @jasonlk Most early stage funds target 30-40 investments out of a vintage minimum. Otherwise it’s too concentrated given the inherent risk profile of the stage.

If you’re raising a $20M fund, you’re not a lead candidate (unless you’re very bold and run a very concentrated strat).

[Anthony Zepponi @AnthonyZepponi]

@adcock_brett Absolutely insane how much the team has accomplished in 2 years! 🦾🦾🦾

[Anthony Zepponi @AnthonyZepponi]

@patrick_oshag He was super reasonable and patient, especially considering the questions….

[Anthony Zepponi @AnthonyZepponi]

@pitdesi Model Y all the way! Leaps and bounds beyond all other EVs.

[Anthony Zepponi @AnthonyZepponi]

@HarryStebbings You should have an array of guest types. i.e. Fintech founder, AI founder, VC, public equities, etc. And then ask them similar questions

[Anthony Zepponi @AnthonyZepponi]

@pitdesi My sister was in the peace corp in Mozambique and everyone she knew loved Tanzania

[Anthony Zepponi @AnthonyZepponi]

@FilArons Your energy 💪

[Anthony Zepponi @AnthonyZepponi]

It can be intimidating putting yourself out there for everyone to judge on social media.

@NWischoff is an inspiration and truly the gold standard of putting out useful, thoughtful content and leveraging her platform to bring everyone up around her.

The proof is there👇

[Nichole Wischoff @NWischoff]

The single best investment of time I've made building a brand for a new venture firm has been leveraging social media. Authenticity scales. And it's free.

2023 Growth:
X followers: 41k --> 77k
TikTok followers: 7k --> 36k
Linkedin: 3k --21k (20% with founder titles)

Results:
1 new investment in Fund II
18 design partners for our port cos
11 new hires for our port cos
57 new LP introductions
Countless new VC relationships
Countless podcast and speaking invitations

[Anthony Zepponi @AnthonyZepponi]

@NWischoff Wow this is amazing to see the actual impact!

[Anthony Zepponi @AnthonyZepponi]

@canonvideoguy @OnlyCFO I'd guess most have quite high SBC though

[Anthony Zepponi @AnthonyZepponi]

@nunzi46 Does the software vs. hardware centricity of a business impact your investment decisions in terms of how you view capital efficiency?

Awesome to hear though!

[Anthony Zepponi @AnthonyZepponi]

@shaig It’s both scary and impressive how much of the world still runs on spreadsheets 🤣

[Anthony Zepponi @AnthonyZepponi]

@altcap @PaulBuser @buhrman_rick @patrick_oshag What do you think the right portfolio size is then?

Also curious - do you find public Chinese equities interesting if you’re in $BYTE? i.e. $BABA $JD $TCHEY etc.?

They’re all trading dirt cheap, largely due to US-China relations and concerns.

[Anthony Zepponi @AnthonyZepponi]

@flyosity They’ll be fine. They basically just got $1B in non-dilutive capital from a competitor now.

Phenomenal product and team - they’ll keep winning.

[Anthony Zepponi @AnthonyZepponi]

@FTPartners @Visa @PROSA_Mx What are the terms?