Jay Vas

Investor @ Atlasview Equity Partners. Here to learn & share my learnings. DMs open.

[Jay Vas @jayvas]

Writing is one of the few high-leverage activities where the upside is nearly infinite. https://t.co/Dn2WvqGiJs

[Jay Vas @jayvas]

@VijarKohli Nice to hear, Vijar.

[Jay Vas @jayvas]

Writing is one of the few high-leverage activities where the upside is nearly infinite. https://t.co/Dn2WvqGiJs

[Jay Vas @jayvas]

@badbirb Agreed, but I excluded this with "Outside of passing judgement".

[Jay Vas @jayvas]

Outside of passing judgement, there are 2 types of white-collar labour:

1. technical (does stuff)
2. relationship (interacts w/ people)

It's now obvious that, thanks to AI, we are (or will be) massively oversupplied with 1.

This means that 2 becomes a bottleneck because this type of labour can't scale drastically. It's just how humans are wired (see Dunbar's number).

People who can build and maintain strong relationships will be highly sought after and valued. This has always been true, but it will be even more true in an AI world.

If you don't consider yourself a "relationship person" and haven't put much effort into it, think critically about this. Relying on technical ability alone feels more fragile than ever.

[Jay Vas @jayvas]

@Osprey_CK Couldn't agree more.

[Jay Vas @jayvas]

@boof_baller

[Jay Vas @jayvas]

@prairietechlaw Definitely not mutually exclusive!

[Jay Vas @jayvas]

@rowanajmarshall Do you think it's different this time with AI?

[Jay Vas @jayvas]

@Xxx_sniper_xx 💯

[Jay Vas @jayvas]

@ClimbngThePole Definitely a long-term game.

[Jay Vas @jayvas]

@ChrisSpoke Couldn't agree more.

[Jay Vas @jayvas]

@MaxAnderson Fantastic writeup.

[Dino @DinoSawaya]

Every year the McGuireWoods Independent Sponsor conference in Dallas reminds me how many pretenders there are in this market…

The best independent sponsors I know (in no particular order):

1. Understand that price does not equal value, and build their entire careers around finding real gaps between the two

2. Are as comfortable building relationships with founders and sophisticated capital providers as they are wading through the issues on a hairy deal

3. Have real commercial judgment: they can diagnose what's holding a portco back, and fix it

4. Never accept the status quo, and keep innovating, including on deal and promote structures

I know a few who tick every box. They're among the most impressive investors you'll ever meet.

With more capital than ever in this ecosystem, these qualities will only increase in relative importance as drivers of future success. Unfortunately many of them cannot be taught…

[Jay Vas @jayvas]

@DinoSawaya Well said Dino!

[Jay Vas @jayvas]

@fiveacescapital Avoiding leverage is bad advice for people early in their career.

FWIW, Munger was levered af in the early days.

[Jay Vas @jayvas]

@rev_cap “No one wants, needs or has a path to using”

What line of work are you in?

[Jay Vas @jayvas]

@chartdata @Drake winter's coming

[Toronto Raptors @Raptors]

The biggest opening night victory in Raptors Franchise History for the guyzzz 🔥

[Jay Vas @jayvas]

@Way2Whi @Raptors 🔥

[Jay Vas @jayvas]

@johnarnold Underappreciated how much the shale revolution helped the US maintain its dominance.