Bob LP

Investing in GPs, RE, and VC since 1993. Looking for the next great GP. I am followed by a ton of bots do not be impressed.

[Bob LP @BobtheLP]

@JXR50 @mwseibel I’ve never had a workaholic defecate on the street in front of me. Yet.

[Bob LP @BobtheLP]

@sbarnholdt @mwseibel How long until providing dignity becomes subsidizing long term drug use for those that refuse treatment? 3 months? 1 year? 5 years? Honest question .

[Bob LP @BobtheLP]

@aviel Agree this story is garbage and sites quoted from 4 people who may or may not be real. Non story rage-bait shame on the Seattle times and this “reporter”

[Bob LP @BobtheLP]

From participating in the last 4-5 cycles, my observation is that the manager matters much less than the vintage. 21-22 sucked because everyone had money and returns got diluted and shitcos were funded by newbie managers who never deserved to raise in the first place. The signal LP should listen most to is ‘how many funds are being raised” . Flip side is when capital is scarce = best vintages. So we agree “who is investing” should not be a primary signal, other than if your buddy who has no tech experience is investing all over the place in EMs, that is this signal to build cash and wait.

[Bob LP @BobtheLP]

@dhaber The best founders don’t go to NYC
The intersection of fields has been the opp zone for decades you didn’t come up with it.
It’s 2026 and you are just realizing AI is a thing? Whoever is doing your socials needs to actually review what ChatGPT generates before posting ….

[Bob LP @BobtheLP]

@micheal_vc @pavelprata unless you are Kalshi, Cursor, Scale, .....oh wait, they do still exist and OpenAI was a particularly unfavorable outcome to early shareholders due to hardware needs and dilution

[Bob LP @BobtheLP]

@simon_ree Price of oil went up 4x in a weekend in 1973 and we were a deficit consumer - not a comparison to today but thanks

[Marcel @illnevercallitx]

That's it. That's the best picture from Saturday's No Kings protests in the USA.

The literal Statue of Liberty being detained by police. It doesn't get much more poetic than this.

[Bob LP @BobtheLP]

@HarryStebbings Who ever loved larger seed funds? Smaller funds still have best ideas in it just dividend by smaller denominator and higher MOIC. Winners always fit inside of your first $5mm.

[Fletcher Williams “I Suck At Games” Channel @Fletche64618733]

@NYPDnews 👇🏾🙏🏾

[Moses Kagan @moseskagan]

Something I've changed my mind on somewhat recently:

If your alternative is a stable, high-paying job, not sure entrepreneurship is worth doing on a stress- & risk-adjusted basis, unless you place a very high (some might say "irrationally high") value on independence.

[Mark Manson @Markmanson]

You’ll be amazed at how things magically turn out great as soon as you stop giving a f*ck.

[Bob LP @BobtheLP]

This is the truth. If you can’t find a way to the investor, then you are much less likely to be able to find your way to the key beta customer or key hire. I’m certain cold emailing has worked for a lucky few, but it is in the aggregate a losing strategy to attract a reputable investor.

[Zack Kanter @zackkanter]

re: VCs requiring warm intros – ‘access’ isn’t a capability…*ability to get access* is a capability. In other words, it’s a flow, not a stock, and part of the screen is screening out people who think about access as a stock instead of a flow.

[Bob LP @BobtheLP]

@AlecStapp @adamnash Note to self, surround yourself with undeveloped land and no oceans and you can match demand growth with development!

[Bob LP @BobtheLP]

I mean this respectfully . Do the work, just like your parents did and their parents before them. In 15 years when it’s all over you will be proud of yourself. Also when your kids stay up later they will see you doing the work and kids imitate more than anything when it comes to work ethic. Soon they will be sharing in the chores —having chores is one of the biggest markers of adult professional success. Stick with it.

[Bob LP @BobtheLP]

@arrington @APompliano @AndrewYang I think ultimately inflationary.

[Dalton Caldwell @daltonc]

Something I learned over a decade as a YC partner is when a founder is struggling, to first debug if they are taking care of themselves or otherwise under personal stress.

If a founder can fix those things, their startup problems suddenly don’t seem insurmountable anymore.

[Bob LP @BobtheLP]

@nope_its_lily Needed a hyperbolic click-bait bottom signal thank you!!!

[Shaun Maguire @shaunmmaguire]

By the third generation, history is just an opinion