Today's my 10th VC birthday, at the grand old age of 28 🎉
Here's the good, the bad, and the ugly of a decade across the whole fund lifecycle, building out new venture markets and using incentive engineering both in and out of crypto 🚨#openlp https://t.co/qCyEdc0TQl
For the last five years, mostly without realising it, I’ve been working on a re-satisfaction of the infamous globalisation trilemma - as set out by legendary economist @rodrikdani 🙇
Today, I consider this solved for the intelligence age 🧵👇
The global consequence? The elimination of race 💥
As per @DavidLSmith_Iam, “Racism created race, racism is built into the very notion of race”, and deleting race through an economic mechanism kills racism amongst rational actors https://t.co/vOIciFuWQ9
Fundraising #51
At some point all government mandates have to realize that a true VC ecosystem has 3 layers:
1. Founders
2. Funds
3. Fund of funds
All private.
#fundraising#VC#governments#fof#ecosystem
If I were an LP the most important question id ask in diligence is “tell me one thing about your space you believe that 95% of other VCs in your space would disagree with.”
There is so much un analytical group think in the space, optimizing for idea outliers is the way to win.
“Academic readiness ≠ political readiness.” — @harrymclaverty https://t.co/P3BHnIBZ8H Fantastic insights Harry, congrats on the milestone, really feel the insights! Wishing you all the best for the next decade and here is to driving change for all with tech that makes an impact!
After seeing how much you all loved Roblox AI @customuse, we thought why not give our Minecraft creators the same superpowers? 🪄
Say hello to Minecraft AI Skins! 🤖
Create characters in seconds with the power of your imagination - quick, easy and super fun ✨
Today's my 10th VC birthday, at the grand old age of 28 🎉
Here's the good, the bad, and the ugly of a decade across the whole fund lifecycle, building out new venture markets and using incentive engineering both in and out of crypto 🚨#openlp https://t.co/qCyEdc0TQl