We are pleased to announce the close of Thrive X. Exceeding $10 billion, Thrive X comprises $1 billion designated for early-stage investments and $9 billion designated for growth-stage investments. We do not view this as a milestone, but as a commitment to the long work ahead.
We view Thrive as a company. Our product is partnership - the willingness to commit deeply to a small number of founders, and to stand with them through momentum and adversity. This is the discipline we bring to our work, and the responsibility we accept when founders partner with Thrive.
We do not hedge. Concentration demands loyalty to the founders and missions we back. In this moment, exposure alone is not a strategy. Judgment without commitment is not enough. Advantage will accrue to those who choose deliberately, commit deeply, and endure through difficult moments.
Thrive was founded to be an enabling technology for the world we want to see. We are deeply aware that we are not the main character. The founders that we are fortunate enough to partner with are the artists. Our role is to help create the conditions where great work can come to life.
We take a long view grounded in the belief that category-defining companies tend to create structural compounding advantages over long arcs. This fund reflects the continuity of our approach and the ways our work has deepened alongside the founders we support.
We are grateful for the trust our Limited Partners place in us, and for the opportunity to work alongside those who are building with purpose, integrity, and courage.
https://t.co/7ymRAxb6uL
Hey Gang!
We are doing an Open Edition drop on @StargazeZone with @KeVisuals1 5/31!
We are excited to branch out into new ecosystems to share more of @positivecreator art!
Come learn more at our Sharing Circle tonight @ 6:00pm PST / 9 pm EST
https://t.co/RSNbysZiyK
Niceness
🚨 Galaktic Gang #848 Giveaway 🚨
Exciting times are ahead, let's celebrate 🎇
1⃣ Like & RT this post
2⃣ Like & RT our newest mint post (https://t.co/wN8x6mLqxZ)
3⃣ Comment Niceness! when complete!
Good Luck Gangstas, will run for 72 hours! ⌛️
There is a proven playbook to grow companies.
The best entrepreneurs have a series of plays they run to print money. What tools to use, agencies to hire, strategies to employ.
Here is the exact 12 step strategy I've used to grow 3+ companies to millions in annual profit:
#1 - New logo with 99 designs. It costs $299 and is good enough for me.
#2 - New website by https://t.co/sxVaDXCStX. They've built 5 of my websites.
Whoever you chose, make sure it is SEO optimized and has landing pages for each of your services and each location.
KEEP IT SIMPLE.
A person who knows nothing about your business should be able to become your customer in 5 minutes or less.
#3 - Overseas talent hired through https://t.co/0yF9bNSQE1.
$5 an hour can get you an excellent back office employee. Game changer.
80% of my employees at a SELF STORAGE company are overseas. From management to financial underwriting to customer service.
You would be surprised how much can be managed and done from afar.
#4 - A Google Business profile you check and post on every single day. And you get all of your customers to write you a review.
This is a game changer as well and low hanging fruit.
#5 - Google ads running with https://t.co/vARhdrTvgO.
Make sure you hire a company that can setup Google Analytics 4 and track how the ads convert to customers.
You should get an ad spend amount per customer acquired so you can track profitability.
#6 - Link building plan to increase domain authority and Google ranking with https://t.co/hm9vkny0k2.
The website structured correctly, content and these links are what will work for you.
Make sure to do "citations" as well with your name, address, phone number that list your company on all the directory sites like Yelp, Angies list, Yellow pages and more.
#7 - Make sure to get a premium .com domain for a few thousand bucks with less than 13 characters.
English words. Not .co. Not .net. Not .io.
People invest thousands into their business but make due with a $19 domain wit hyphens. Makes no sense.
#8 - Online banking with relayFi or Mercury. It is easy to send money and get cards for all your employees.
Don't accept cash or check. It is a waste of time and money. And people will steal it.
#9 - An online software to run your business. Jobber or another one like it.
A customer should be able to log in and pay an invoice in 2 minutes.
And you should be able to send them a professional invoice and take auto-payment for services.
#10 - Payroll tools like Deel (international) and Gusto make it super easy to run payroll.
#11 - Bookkeeping and tax returns through https://t.co/FCAKe2HGgv.
I use them and they are awesome. Send monthly reports and prep tax returns.
#12 - Slack for communication. Loom for sharing training videos. Avoma for recording meetings. Notion for recording information and organizing data.
It’s a cheat code to have these vendors to amplify my companies.
(I’m a partner in several of these companies - you don't need to use the exact ones I mention - just hire somebody good)
What do you have in your tech stack that I’m missing?
What tools do you love that I didn't share?
If you found this helpful - give me a retweet or a comment - it helps me spread the word!
‘Becoming an author to make money is like saying; I’m hungry so I went to church - just because they have food there doesn’t mean that’s why you go’ - @ShaanVP
Introducing Sora, our text-to-video model.
Sora can create videos of up to 60 seconds featuring highly detailed scenes, complex camera motion, and multiple characters with vibrant emotions.
https://t.co/YYpOAcrXQ3
Prompt: “Beautiful, snowy Tokyo city is bustling. The camera moves through the bustling city street, following several people enjoying the beautiful snowy weather and shopping at nearby stalls. Gorgeous sakura petals are flying through the wind along with snowflakes.”
"if your business depends on you, you don't own a business, you have a job....and it's the worst job in the world because you're working for a lunatic."
🚨 BREAKING: Google DeepMind just revealed Gemini- ChatGPT's biggest competitor.
Gemini is the FIRST multimodal AI to outperform human experts on the MMLU, scoring over 90%.
Bitcoin is getting within striking distance of its all time high.
The alt coin market is still down 75%.
Gaming nearly 90% off its highs.
What do you think happens next senpai padawan?