Gil Silberman 🚢

Dot com lawyer recovering in the tropics! Please share stories about business disasters and startup founders overcoming them.

[Gil Silberman 🚢 @gilbug]

Founders are clueless and investors are full of themselves.

There, I said it.

Full apology at https://t.co/ERTOLJDN4U

[Gil Silberman 🚢 @gilbug]

18.  Failure is a symptom, not the cause
19.  Avoid things dangerous and illegal
20. Innovate sparingly
21.  No dead wood
22. Make everyone replaceable
23. 90% of success is not failing
24. You can’t go back
25. I can’t teach you this stuff

[Gil Silberman 🚢 @gilbug]

25 things a first-time founder should know, from someone who's been there many times.

https://t.co/6ViYz7VWu2

[Gil Silberman 🚢 @gilbug]

11.   There’s a right way to raise money
12.  Keep the receipts
13.  Vesting is a not an option (but all options have vesting)
14.  Study, study, study
15.  Invention builds on the past
16.  Imitation is flattery
17.  Play your own game (not theirs)

[Gil Silberman 🚢 @gilbug]

@woland_666 @CynicalPublius @ShaiDavidai @Columbia I think you meant the fringes of the Democratic party. You let them off the hook too easily, as the party's mainstream tolerates cocktail party antisemitism. Right wing hate is far worse. Extremist supporters of Israel are not our friends, rather enemies of our enemies.

[Gil Silberman 🚢 @gilbug]

@CynicalPublius @ShaiDavidai @Columbia Way to be divisive here. I think you missed the entire point of the letter, encouraging all the calls from the peanut gallery telling people how to think if they want to be a good Jew.

[Gil Silberman 🚢 @gilbug]

Cancer update, still have it!

Here's my medium article, No Wailing in the Treatment Room https://t.co/XQfsCRiEyO

[Gil Silberman 🚢 @gilbug]

@ARK_Funds Plus, the management fee is too high.

Are these structural problems with the ETF model of private company investing, with destiny, or just first time wrinkles to iron out? Time will tell.

* Disclosure: I'm an investor in Destiny (the management company, not the fund)

[Gil Silberman 🚢 @gilbug]

@ARK_Funds Boil it all down and an ETF like Destiny's should be a good thing.*

It offers diversification, retail investor access, liquidity, and a level of SEC and audit oversight that an interval fund or other non-tradable fund can't match.

[Gil Silberman 🚢 @gilbug]

@ARK_Funds The "too good" part is that market traders bid the price up well beyond the fund's underlying holdings (NAV), something that just doesn't happen with ETFs holding gold, currency, and other alt assets… and can't with funds that aren't publicly traded.

[Gil Silberman 🚢 @gilbug]

Top ten things about terminal cancer

[Gil Silberman 🚢 @gilbug]

https://t.co/KkFEeoJVik

[Gust @gustly]

Join us TOMORROW, 3-4PM ET for an inspiring talk on finding a co-founder with Gil Silberman (Forge Global), Alan McGee (Saltbox), and Sam Rodriguez (The Family Hustle LLC).

Register here 👉🏼 https://t.co/bISotnNWHd

[Gil Silberman 🚢 @gilbug]

Follow link to register, and learn about Gust Launch, which I helped design.

[Gil Silberman 🚢 @gilbug]

Join me tomorrow at 3-4PM Eastern for funny but useful life stories on how to find your co-founder! https://t.co/MdzcohmB8e

[Gil Silberman 🚢 @gilbug]

I'm bowing out here for now. You can find me on Quora, LinkedIn, Facebook, or just google my name.

https://t.co/xYp8qSy0Qy
https://t.co/1Hm1oYGCeA
https://t.co/giMFm35ZWg

[Gil Silberman 🚢 @gilbug]

Next images are the first office, in the cofounders' apartment, @sohailprasad and Lanye

[Gil Silberman 🚢 @gilbug]

What I miss most about founding startups.

The innocence, pure passion, hope, and immediacy of a new dream, before things get so much more serious and complicated.

[Gil Silberman 🚢 @gilbug]

• coffee house study sessions with old friends
• joking what to do with your first billion dollars

You can't go back, but sometimes you can pick up and start again.

In the first image, @Forge_Global cofounders reviewing our first AngelList campaign, 350 employees ago