The FP’s @LLBiggers visits a rent-stabilized apartment that’s been empty since 2021, even as New York faces a housing shortage. And this isn’t an outlier. Because of 2019 rental laws, an estimated 50,000 similar units sit vacant across the city.
@AlexRoy144 I think equally interesting would be to get their thoughts on the future of AI. It 10x outside their understanding but I’m sure they’d have very interesting insights
@rtwlz I think I know why the ticket numbers follow a strange formula - it’s there to prevent people from typing in the wrong ticket number and paying it / like a checksum with credit card numbers.
@elonmusk @nikitabier would be great if X could approximate my age as a starting point when signing up for X, versus defaulting to today (which has a 100% failure rate!)
I’m always amazed how few investors can explain the specific thing they can do better than others.
When I first asked Ramtin (@ramtinnaimi) this question, he gave one of the most specific answers I’ve heard (about how he helps founders end up owning more of their company, along with his specific method for doing so). He details that and a ton more in refreshingly honest fashion.
He seems willing to answer any question about himself, and we explore his entire rags to riches to rags to riches story. The stuff on the intense parallels between art and investing is a first, too: how to work the playing field and win.
A unique convo with an investor who has never done an interview like this before.
Timestamps
0:00 Intro
0:25 The Art of Collecting
4:36 Parallels Between Art and Venture Capital
6:59 Challenges and Strategies in Art Collecting
18:19 The Role of Status and Reputation in Art
20:10 The Business of Art Galleries & Auction Houses
26:43 Building a Successful Venture Capital Firm
41:29 Leading Seed Financings
44:27 The Power of AngelList
46:40 Scaling and Building a Team
49:33 Identifying Exceptional Founders
52:32 The Importance of Dilution Sensitivity
54:18 Efficient Investment Processes
1:05:51 Winning Competitive Deals
1:15:29 The Value of Strong Board Members
1:21:37 The Importance of Personal Branding in VC
1:24:28 The Health of the AI Investment Ecosystem
1:28:11 Early Life and Entrepreneurial Beginnings
1:35:12 Starting a Hedge Fund and Lessons Learned
1:44:59 Building Abstract and Family Life
1:54:06 Insights on LPs and Venture Capital Trends
2:02:18 The Kindest Thing