@MichiganVCA@atopouzian @Beringea Niiiiice! Congratulations, MG! They were lucky to have you. Much love to @Beringea and the @MichiganVCA peeps! ππ₯π€
@Samirkaji This is so true⦠thanks for being a voice of wisdom out there @Samirkaji As a VC firm with a non-consensus approach to Seed stage investing, we wholeheartedly agree!
I often see LPs come to binary, rigid conclusions on things like fund size (bigger is worse) or portfolio construction (more companies is better) or focus (specialists > generalists).
While fun to talk about, they don't account for the necessary nuances that matter (and often only account for cash on cash potential return without assessing risk, time to liquidity, GP profile).
The most important thing to look at is Firm-Business model fit and whether the manager has a clear comparative advantage with the model they are employing. Everything else is secondary. There is no one way to win.
@DavidSacks Spot on, @DavidSacks Where is the Fed on this? Saying they would be a firm backstop would both increase the likelihood of a deal to buy SVB getting done AND reduce the likelihood of further contagionβ¦
@MikeMacCombie Awesome thread, Mike! Many of these are subconscious after many years, but so good to deliberately walk through these points. Thanks for laying them out there.
@dugsong@crainsdetroit Congrats, @dugsong ! Such an amazing run you have had, not only for Duo and all of its stakeholders, but also for the Midwest tech ecosystem. Youβre an instant LEGEND! πππ₯π€πΉ