Fraser Spivey

building consumer legaltech

[Fraser Spivey @FraserSpivey1]

@JerimiahLee Reminds me of an IWC

[Fraser Spivey @FraserSpivey1]

@Trace_Cohen Hahahahahahahahahahhahaa

[Fraser Spivey @FraserSpivey1]

@zachmoskow I heard their coffees actually really good

[andrew chen @andrewchen]

2012: acquire company for users
2021: acquire company for engineers
2026: acquire company for training data

[Fraser Spivey @FraserSpivey1]

@JTLonsdale @InstituteCicero @8vc Honestly you would probably win in 28 if you were to run Joe.

[Fraser Spivey @FraserSpivey1]

@theshre Oh it’s awesome, we took my goddaughter there once. There’s an entrance at ground level to the left of the stairs and cheekily you can purchase tickets there without waiting in a huge line at the main entrance

[Fraser Spivey @FraserSpivey1]

@ColinGardiner Facebook

[Fraser Spivey @FraserSpivey1]

There will be a Netflix series called The SPV Cowboys by 2027

[Rick Zullo @Rick_Zullo]

My mailbox is literally full of SPV opportunities right now from folks I’ve never even met

LPs/VCs claim venture is about access but a lot of these rounds have 50% of the round claimed by folks ripping SPVs to anyone with a bank account

No financial details given but no downside to the managers…10% management fees + 15% deal by deal carry is a lot more expensive than hiring a banker (but in this case the buyer pays the fees instead of the seller) and makes me seriously question the validity of these rounds (especially when VCs are investing 90% at one price and the SPV holders are investing in a price that is 2x that is ultimately the headline)

Wild times

[Fraser Spivey @FraserSpivey1]

@thedukekim @MTA I was so sad when mine expired!

[Fraser Spivey @FraserSpivey1]

@zachmoskow @concentrateai @opencode @seanaguinaga

[Zach Moskow @zachmoskow]

Using @concentrateai inside @opencode is a pretty sweet experience to use all models with no fees.

[Fraser Spivey @FraserSpivey1]

@lessin Thank you Jeff Ashborne for the term sheet! Great to have Slow Ventures lead the round. Very happy with the valuation and instant Unicorn Status

[Garry Tan @garrytan]

Stop voting for this “wealth for me but not for thee” hypocrite

[Fraser Spivey @FraserSpivey1]

@ColinGardiner I was talking to someone today and I think AI agents have ruined email deliverability. So many lost emails!

[Fraser Spivey @FraserSpivey1]

@e8ath The Private Suite at LAX 🤌🏻🤌🏻🤌🏻

[Fraser Spivey @FraserSpivey1]

@scaling_shields He obviously told the wrong guy 🤦🏼‍♂️🤦🏼‍♂️🤦🏼‍♂️

[Fraser Spivey @FraserSpivey1]

@psantloki Makes sense though. Good extra revenue stream