Agreed. We’re rebuilding the hyper local social club, think our generations version of the Italian American men’s club, and our thesis is similar to yours. We have plenty of opportunity for interactions with people in our city every day, the problem is curation and you don’t solve that through coloring spaces with no application process
While I love the analytical way you thought about it maybe your way of engaging in the world is the real factor in your expected ROI here. What if you went into new interactions with vulnerability, more of a YOLO attitude, skipped the small talk completely. While I agree you need repeated interaction and time invested to build friendships there is a reason groups, from church groups to fraternities to business school to fellowships and retreats start by jumping straight to vulnerability in some form and short circuiting your process.
We’re starting to assemble spvs at Maxwell for our members and considered starting a fund but we realized we dint have the track record for LPs. So in all likelihood we’ll have to do more consensus deals than I would otherwise like because raising small checks on AngelList only works if it is an obvious yes. That there is the problem — if LPs aren’t willing to take risks on emerging managers they won’t be able to take risks on riskier ideas, feel like the origin of the problem is with them.
@cb_doge Bannon is far from a democrat . . . Could be because Elon musk is incredibly famous and outside political wonks (bannon) and tech twitter (Hoffman) the other two are largely unknown to the average person.
Republicans benefit massively from senate votes that give rural states (that had those slave owning populations) more power. If there is a disparity in electoral power that is unfair it’s probably slanted towards the party that has won multiple elections while losing the popular vote . . .
I think his point is that there are a lot of non complex SaaS software that is borderline rent seeking — I don’t really know what maintenance zendesk does to rationalize their costs — I’d imagine it supports a sales team and profit and the margin is earned partially off the legacy software built that is hard to rebuild. If it’s easy to rebuild you can argue well you’ll still need a sales team but you could also argue that a solution at a fraction of the price will sell itself . . .
@auren Probably correlated to what industries make less money so the only thing to trade is social capital and status, so people fight over that and stab eachother in the back
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@garrytan Only works if they play by the same rules. Real leadership isn’t just rolling over and standing on principal while your rights get taken away.
@pitdesi If you understand burning man as a conspicuous consumption status symbol this is kind of like saying 4/10 of the largest founders own Rolex watches. Really doubt these guys are going to the desert to engage in barter exchange and leave no trace camping lol.
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@APompliano You’re starting to be a mockery of yourself. If you can’t even call a tax a tax and just say “some will agree, some will disagree” you’re a wuss. Tariffs are an import tax, period, hard stop. Jesus.