Michael Hart

Co-Founder @ Teal
Prev: Yapily, FinTech VC @ Lakestar 🇪🇺

Excited by all things FinTech. Tweeting about startups and the global economy
@drexeluniv grad

[AFCAMDEN @AFCAMDEN]

JP Morgan? More like Lehman Brothers

[Kristin Raworth 🇨🇦 @KristinRaworth]

I've never sen anything more accurate

[Alan Chang @alanchanguk]

This article is anti-ambition, anti-excellence, anti-merit.

Europe is falling behind, and instead of asking why we don’t produce enough generational companies, the author has decided the real threat to society is young men working too hard, competing too hard, and wanting to win.

What a joke. Nothing is easier than mocking people who are actually trying. Nothing is cheaper than dressing up resentment as moral sophistication.

The author hides behind the noble language of "inclusion" to attack the only thing that actually democratises success: an obsession with output. We are told that intense, hyper-focused teams are "monocultures" that build bad products. History disagrees. Every technological leap was forged by relentless, obsessed groups of people who sacrificed their comfort to solve hard problems. Calling that a "monoculture" is the cope of the comfortable spectator.

We are told that an intense work ethic excludes people. Is 996 for everyone? No. Does having a family change your priorities? Of course. But demanding we lower the speed limit for an entire continent just because some people prefer the slow lane is a recipe for terminal irrelevance.

The actual exclusionary culture is the one advocated by this article: a bureaucratic, HR-driven gatekeeping where you are judged on looking good rather than being good.

The people writing these pieces will never build companies that matter. They will never invent the future. They will simply stand on the sidelines, sneering at the few people still willing to do something difficult.

That is not wisdom. It is decadence.

Europe does not need less edge. It needs more. More obsession. More work ethic. More conviction. More builders who do not ask permission from people who have built absolutely nothing.

https://t.co/RnNvYz9tbl

[Michael Hart @backpacking_vc]

This is the kind of news that makes you optimistic about the future of the UK again!

[Henry de Zoete @HZoete]

Pleased to be rejoining the civil service as Investment and AI adviser in DSIT. As an exited founder and angel investor in over a hundred startups I’m hopeful I can help make Britain the place for tech and AI. It’s a part time role as I will still be carrying on my work at Oxford University and on the board of the ALB of the DfE Oak National Academy. This government has made great strides on AI and tech. Excited to get going and help!

[Michael Hart @backpacking_vc]

@bcherny Can you do this for Cowork as well? 🙏🏽

[Michael Hart @backpacking_vc]

@fin465 Outbound

[Michael Hart @backpacking_vc]

Make software agents want!

[Aaron Levie @levie]

https://t.co/O7OiUYKjbh

[Michael Hart @backpacking_vc]

@FinnMurphy12 Hell yeah! Love that 💥

[Michael Hart @backpacking_vc]

@buccocapital Incredible use of a movie reference 😂👏🏼

[Michael Hart @backpacking_vc]

AI Wars - Episode II?

[Michael Hart @backpacking_vc]

@regulatorynerd Great thread Matt! Will be interesting to see where this ends up - here in the UK, banks aren't allowed to charge but the implementation of OB has therefore been hampered quite a bit (in many different ways driven by banks)

[Michael Hart @backpacking_vc]

@BucknSF On the other hand, crazy track record of multi bn $ acquisitions that at the time were scrutinised heavily. And then turning those into key revenue streams.

[Michael Hart @backpacking_vc]

@kevinlu625 orchids

[Michael Hart @backpacking_vc]

@FinnMurphy12 Banger 🔥

[Michael Hart @backpacking_vc]

@not_a_hot_girl One of the coolest threads in a while! Thank you :)

[Michael Hart @backpacking_vc]

This is insane on so many levels. Probably the way to go would be to stack rank any large govt projects / expense via a direct vote and then cut the bottown 25%...

[James Wise @Jameswise]

How have we ended up, as a country, more pro-bat than we are pro-human?

Buckinghamshire Council approve cuts of £95M to social services, while demanding a £100M bat shed over HS2.

[Michael Hart @backpacking_vc]

Presented without comment 😂

[Nick Longrich @NickLongrich]

@paulg “Sire, we should colonize Mars and make humans a multi-planetary species”

[Michael Hart @backpacking_vc]

The amount of shade in this tweet lol. CFPB getting spicy 🔥

[Rohit Chopra @ChopraUSA]

The @CFPB is banning @GoldmanSachs from offering a consumer credit card unless it can demonstrate that it can actually follow the law.

[Michael Hart @backpacking_vc]

Lots of alpha in this. Many founders probably don't want to hear this and instead raise millions for sth undifferentiated that seems easy to scale.
Out-hustling on a budget is back vs. 2021 when every 15ppl company had a Chief of Staff & an EA

[Gil Dibner @gdibner]

Unless a company is playing the capital arms race game, founders will need some set of truly sustainable advantages to win. * A genuine technical edge (rare but not impossible) * Deep domain expertise. * Durable distribution advantages. * Hyper complex products/roadmaps * Super painful sales cycles * Willness to out-hustle literally everyone on a shoestring