Amit B

Founding GP @ / ex-Corporate Lawyer / ex-Founder

[Amit B @ambnote]

@nickbarden Do you think he can make an impact at the NHL level this year?

[Amit B @ambnote]

@paulg @davmander I think you may be comparing apples to oranges here for your evidence. A Board decision may come with fiduciary liabilities, whereas a high-level tweet “changing sides” with minimal context, may not.

[Amit B @ambnote]

@SimonJalbert ✋🏽

[Amit B @ambnote]

@erica_wenger ✋🏽 … thanks and will DM!

[Amit B @ambnote]

@ali_moiz @Stonks_dot_com Great concept! I assume these are only 506c funds, or otherwise they get caught under general solicitation rules?

[Amit B @ambnote]

@jefielding @XavierHelgesen Sorry to hear about this Jenny. I’m an ex-corporate lawyer who recently transitioned into early stage VC. This appears to be a real risk for early stage investors, so I’d be happy to help to see if there are ways to mitigate that. DMs open.

[Amit B @ambnote]

@StephNass @MuieenCader Yes!

[Amit B @ambnote]

@sophfuji Which event was this?

[Amit B @ambnote]

@alexiskold Great threads on both founder and investor side! Re attention/updates, any tips on how to softly convey “dude it’s been 20 seconds”?

[Amit B @ambnote]

@scottbelsky 💯. And if you're partly making decisions by proxy, make sure to diligence the proxy source itself (eg if basing it on another investor - did that investor get the same or better terms (eg advisor warrants)).

[Amit B @ambnote]

@mwseibel There's definitely a lot of repetition in the legal industry (given its heavy reliance on precedents), but legal analysis is always required to ensure which repetition is necessary/appropriate. Perfect industry to be supplemented by AI.

[Amit B @ambnote]

@Samirkaji @michaelpschulte Very interesting. With many VCs active on social media, I can see why more would continue to opt for the 506c route. Are the compliance costs/obligations under 506c generally significantly higher than 506b?

[Amit B @ambnote]

@justingordon212 Love these questions. For my 1st venture, it took me about a year to quit my job. And then a few months later with full-time focus I realized I needed a major pivot 😖. Tough to come up with a viable business when most of your 🧠 power is allocated to a demanding day job.

[Amit B @ambnote]

I support the Mensarius Oath for ethical investing created by
@govclab
https://t.co/nEm2TVS1sF #MensariusOath

[Jasper Polak @polak_jasper]

McKinsey built an $11B brand by leaving nothing to chance.

Not even earning trust.

Here's McKinsey's trust-building formula:

[Amit B @ambnote]

@StephNass 🍻

[Amit B @ambnote]

@joshuakloke @mirtle I would’ve loved to see us compete with these teams in low-scoring, playoff style games. In all of these games, both teams traded a ton of grade A chances. That won’t happen in the playoffs.

[Amit B @ambnote]

@ChrisHarveyEsq Very interesting. So the issue isn't the full accelerated mgt fees upfront in year 1, but instead the lack of disclosure?

[Amit B @ambnote]

@lolitataub @labunleashed Yesss!👊 ... data also shows that VC Fund 1s generally outperform, so it's an exciting time to back emerging managers.

[Amit B @ambnote]

@ChisosCapital @wdstringer Awesome! Utilizing ISAs in early stage investing can be a win-win for investors and founders who need it. Open-sourcing the CISA term sheet helps socialize the concept to the broader startup/investing community, so thanks for doing this.