Dave Sachse

I convinced my family to do VC and am no longer invited over for the holidays. Tweets about tech, investing, family offices, WI sports and my life’s randomness.

[Dave Sachse @DSox]

5 year VC stats:

😇 2 years angel investing
💰 launched VC fund (via FO) in 2019
📄 50 unique deals
💻 33 startup deals
🏦 17 vc fund deals
📈 16 pro rata deals
👨🏾‍💻 44% invested in founders of color
👩‍💻 26% invested in female founders
💵 2 startups acquired

Grateful everyday 🙏

[Dave Sachse @DSox]

LA ⛳️ was scenic views and a lot of fun.

[Dave Sachse @DSox]

It was a great time in LA this week. My wife and I hosted a few Family VC events.

We enjoyed meeting up with many supportive peers and meeting new ones.

The best communities are peer led and manufacture serendipity to build long term relationships amongst members.

[Dave Sachse @DSox]

Windy WI ⛳️ on this Masters Sunday.

[Dave Sachse @DSox]

@ElizabethHolmes Nah, I seek to call out the behavior to share with others my lived experiences.

In reality, ya never know what someone is going through in life and they could have been texting about a family emergency.

Don’t need to kick them down on thier way to catch up with karma.

[Dave Sachse @DSox]

I recently had a call where a VC wasted 23% of our meeting time by being late and then looked down most of the call while they were texting on their phone, even when they were speaking.

Most disrespectful call (out of 500+) I’ve ever had with a VC.

Great resume on paper tho.

[Dave Sachse @DSox]

Windy afternoon ⛳️ makes chip in’s more challenging!

[Dave Sachse @DSox]

You get disinvited from the family’s holiday get togethers but still have to see them in the office on Monday.

[Myles Danielsen @MylesDanielsen]

What could go wrong...

“…when you hear fund, most families think fees and lockup. When you hear deal, it’s like, ‘Let’s make money.’”

https://t.co/JIjwiqy6dz

[Dave Sachse @DSox]

@MylesDanielsen You get disinvited from all the holiday family get togethers but still have to see them in the office on Monday.

[Dave Sachse @DSox]

Great event in NYC. Thank you Bloomberg for the invite!

[Bloomberg @business]

Family offices are embracing direct deals over private equity. Here’s why. https://t.co/T1nCSHQfgA

[Dave Sachse @DSox]

@davidrgoldberg Multi-tasking usually doesn’t bother me unless someone can’t even finish their own sentence they’re verbalizing due to simultaneously texting.

[Dave Sachse @DSox]

@andrewoetting Agreed!

Sidenote: you and your team have an awesome office set up in Austin. This was a cool meeting room.

[Dave Sachse @DSox]

If you’re in VC, whether you’re a founder or co-investor, what would you value more in an investor: IQ or EQ?

I used to think IQ since I always try to surround myself with people smarter than me.

However, after meeting many Ivy league educated VCs, I’ll take high EQ over IQ!

[Dave Sachse @DSox]

April golf ⛳️ in WI.

[Dave Sachse @DSox]

Jim Nantz in the backyard, hopped on the 🎤 to warm up his vocals for a big week.

“Freakish what he can do.”

Happy Masters week! ⛳️

[Dave Sachse @DSox]

11 million square ft with production lines next to + above you, finish products that are self delivering to customers, 90% of the production already being automated and Optimus / Tesla Bots aren’t even implemented yet!

Elon and team’s creativity and engineering are inspiring!

[Dave Sachse @DSox]

@BillAckman @X Our FO believes in “never throw good money after bad.”

However, if cost isn’t an issue and everyone on your side understands the legal journey, many peers would understand why you want to prove a point.

A lot of charlatans + malicious activity gravitate towards family offices.

[Dave Sachse @DSox]

March golf ⛳️ in WI.

[Dave Sachse @DSox]

Recent example:

https://t.co/kpBQ3ULBOC

[Dave Sachse @DSox]

There are many phony and inauthentic people in VC and especially the family office world.

It’s only going to get worse with the baby boomers transfer of wealth over the next decade too.

People who are genuine, authentic and ambitious are the best to collaborate with!

[Dave Sachse @DSox]

@StephNass Map