1/ 👋 Announcing @WonderVentures Fund III, a new $31M fund focused on investing in the best founders in LA earlier than anyone else. 🚀
We're excited to bring 60+ top LA founders & tech execs into our community as LPs to help support the next generation of great LA startups. 🧵
There is only way we we are going to get money into the hands of small businesses immediately so they can retain employees , pay them and pay ALL their bills and that’s for the treasury to guarantee all overdrafts. Let SMB write checks as they always have, but they won’t bounce
Question that few founders ask themselves: If my company could "own" the first result of any Google search, what would that query be?
Question that few VCs ask themselves: Would I rather back a company that answers a popular search today -- or a question that isn't yet asked?
10 years ago the @nytimes had a market cap of $600M and was in a death spiral. Today it is worth almost 10x that.
This is what it looks like when you finally overcome The Innovator's Dilemma:
Excited to announce, Wonder Ventures Fund II, a $15M pre-seed fund dedicated to backing the best founders in LA, earlier than anyone else. https://t.co/LVNXt6ruTZ