Co-Founder @ Nimbld Ventures. Startup Builder and admirer of great ideas. Musician. Hollywood history geek.
ENTJ-A. Travel addict. Culturally confused.
Founders / solopreneurs / freelancers! What advice would you have for your younger self just starting out, knowing what you now know? The good, the bad, the bits nobody thinks about. Make it weird/TMI - we want to hear it all!
And it’s a wrap for Web Summit 2024! 🚀🚀
This week in numbers:
3 stage appearances: masterclass, mentor hours, pitch competition judge
30+ meetings with both startups and investors
100+ conversations
300+ new connections made
1 selfie taken 😅
LFG! 🔥
The truth is, the left has dug into an anti-entrepreneur and anti-tech position for over a decade, while the GOP has positioned Trump 2.0 to be pro-innovation and pro-founder.
That’s the story.
The country loves new products and services, and the majority of Americans still love founders and capitalism.
This is an absolutely self-inflicted wound by socialist dems (@JoeBiden@aoc@SenWarren and @BernieSanders )
@minderico Wow. Portanto: mantemos isso em aberto, full-time, com 'jobs for the boys' (quantas pessoas?), tudo pago pelo povo, oops "estado", para dar entertenimento esporádico a uma audiência que nem enche um estádio. Para os que realmente querem RTP2, ofereçam por subscrição. 👌
That's wonderful. But I wonder who's gonna pay for all of that? Simple mathematics, as the deficit is now breaking ALL records and showing no signs of slowing down.
Love the idea that #happiness is not a feeling, it’s the default state that happens when you remove the sense of lack in your life. You do not become happy - you simply remove the barriers that were keeping you from returning to that state.
#randomwisdom#FridayThoughts
@KCCattleCompany Words fail me to express how much I ❤️ this, making the very practical case for why #Crypto is not just for #web3 nerds. We're ALL about this, not sure you guys know, but this sets the foundation for you guys to be able to own your data again. Do you guys buy G Ads, etc? Curious
@aaronjcash@pmarca Agree. Being a Lark is not a flex. The rest of us Owls will pass on the perma-jetlag and increased risk of cardiac events & type 2 diabetes, thanks. Enjoy your 8pm bedtime, Jocko, while I still have another 4-5 hours left in the tank ;)
2 can play this game.
You wanna know how silicon valley startups really work?
I'll tell you.
A founder/co-founders will start working on a startup while they're still working at a bigger company.
They'll put together an MVP and socialize it within their group of friends who are other founders or leaders in other tech companies.
The founder/co-founders will make a deal with their friends that they will use their products if they will sign up and "pay" for the MVP.
You give me $5, i'll give you $5 kinda thing. Remember only revenue matters at this point. No one care about expenses.
Founder/Co-founders now have 10-15 paying, referenceable customers (who are all their friends). They've gotten to $100k in ARR. Time to raise.
They go to their friends who are GPs/partners at VC firms and raise a $7M seed round.
They then hire a marketing team (1-2 people), more developers (from their old jobs) and maybe a sales person or two.
Then they're of to the races with 10-15 logos for social proof, a few case studies, no real idea if they have PMF, but it doesn't matter because they can throw $7M at marketing and create buzz.
Now compare that to someone who doesn't have a network.