Megan Maloney

👩🏾‍💻changing the narrative one thought at a time. investing in the next decade | solo GP at Dria ( | prev @generalcatalyst | @morganstanley

[Ed Zitron @edzitron]

Completely insane!

[ESPN @espn]

NEW YORK STAND UP 🔥

THE KNICKS ARE BACK IN THE NBA FINALS FOR THE FIRST TIME SINCE '99 ‼️

[David Sacks @DavidSacks]

UPDATE: The trend line is even stronger. Both software job postings and AI-generated code continue to grow by the week.

[Megan Maloney @meganbytes94]

@RonConway Sending you so many prayers Ron! You’ve done amazing things for all of those around you.

[Paul Graham @paulg]

Don't start a startup in high school. What if it works? You'll lose the opportunity you'd otherwise have to explore random, interesting ideas, driven only by curiosity. Because while you will indeed learn a lot from a startup, you won't have any choice about what you learn.

[andrew chen @andrewchen]

noticing a trend of startups replacing standard resumes/interviews with week-long (or at least 3-day weekend) in-office trials. Makes sense in a world of AI-generated resumes and interview responses

Turns out the best signal for whether someone can do a job is watching them actually do the job. took us 100 years of HR to rediscover apprenticeships!!! 😂

[Megan Maloney @meganbytes94]

sending an email without AI is the new handwritten letter

[Bill Gurley @bgurley]

I fear that AI has decimated the traditional email inbox as we know it. Too many personalized emails slip through spam filter. Hope someone builds a better mousetrap. This one is cooked in its current form.

[Tancrede @Tancrededib]

A map of SF investors by stage.
Curated from recommendations by SF founders, investors, and operators.

Talent-first / pre-idea / pre-company
>Entrepreneurs First
>1517 Fund
>Bloomberg Beta
>Human Capital

Pre-seed / pre-product / first believers
>Afore Capital
>Abstract Ventures
>Amity Ventures
>Cambrian Ventures
>Caffeinated Capital
>Conviction
>Cowboy Ventures
>Forum Ventures
>Hustle Fund
>Pear VC
>Precursor Ventures
>SV Angel
>Uncork Capital
>Unusual VC

Seed-first / early-stage generalists
>Accel
>Acme Capital
>Acrew Capital
>Battery Ventures
>Benchmark
>Bessemer Venture Partners
>Blumberg Capital
>Bullpen Capital
>Costanoa Ventures
>Craft Ventures
>CRV
>Defy VC
>Felicis
>First Round
>Floodgate
>Forerunner Ventures
>Foundation Capital
>Greylock Partners
>Headline
>Initialized Capital
>Kindred Ventures
>Menlo Ventures
>Redpoint Ventures
>Spark Capital
>Susa Ventures
>True Ventures
>Upfront Ventures

Multi-stage / large platform firms
>8VC
>a16z
>Bain Capital Ventures
>Base10 Partners
>Coatue
>Francisco Partners
>General Catalyst
>Google Ventures
>Greenoaks
>Greycroft
>Index Ventures
>Khosla Ventures
>Kleiner Perkins
>Lightspeed
>NEA
>Norwest Venture Partners
>S32
>Sapphire Ventures
>Sequoia

Sector-focused / thesis-driven
>Abad Capital
>Atomic VC
>Better Tomorrow Ventures
>Builders VC
>Commerce Ventures
>Delphi Ventures
>Fifty Years
>Gradient Ventures
>GSV Ventures
>Infinity Ventures
>Lux Capital
>NFX
>Obvious Ventures
>Patron
>Ribbit Capital

Broad early-stage
>Draper Associates
>Founders Fund
>Renegade Partners
>SignalFire

Platform / accelerator-style
>Plug and Play
>Y Combinator

[Todd Saunders @toddsaunders]

The token cost to build a production feature is now lower than the meeting cost to discuss building that feature.

Let me rephrase.

It is literally cheaper to build the thing and see if it works than to have a 30 minute planning meeting about whether you should build it.

It’s wild when you think about it.

This completely inverts how you should run a software organization. The planning layer becomes the bottleneck because the building layer is essentially free. The cost of code has dropped to essentially 0.

The rational response is to eliminate planning for anything that can be tested empirically. Don’t debate whether a feature will work.

Just build it in 2 hours, measure it with a group of customers, and then decide to kill or keep it.

I saw a startup operating this way and their build velocity is up 20x. Decision quality is up because every decision is informed by a real prototype, not a slide deck and an expensive meeting.

We went from “move fast and break things” to “move fast and build everything.”

The planning industrial complex is dead.

Thank god.

[Megan Maloney @meganbytes94]

The case for emerging managers in a nutshell

[Hadley Harris @Hadley]

The VC fund of the future: a small number of highly experienced, high-agency people with deep trust, who are exceptional at evaluating founders and building real relationships with them. Surrounded by tons of agents.

[Elad Gil @eladgil]

Excited for this one

[Megan Maloney @meganbytes94]

If there’s BC and AD, then there must be BAI and AAI because that’s the bifurcation in my notes.

Before AI and After AI.

[Stefan Schubert @StefanFSchubert]

"The top-20 per cent of consumers account for around 65 per cent of sales of products like cookies and ice cream.

If those 'super users' end up on GLP-1 drugs, you get a non-linear reduction in sales."

[Peter Meijer @PeterMeijer]

Ok Claude, tell me how to capture the President of Venezuela without any of our guys dying. Make no mistakes.

[Alfred Lin @Alfred_Lin]

He is right, and @rabois is himself a barrel.

[Erik Torenberg @eriktorenberg]

This is the part of my job at @a16z that most gets me up in the morning: building an incredible team.

We’re hiring for a lot of roles at the moment:

Chief of Staff: help me run all our initiatives at the intersection of investing, networks, and media. Senior role with a big impact.

Marketings and Comms Leadership: own the narrative for the a16z portfolio and firm. We’re hiring a CMO and a Chief Comms Officer.

Head of Podcasts: run, produce, scale our podcasts end-to-end. We’re also looking for a podcast host for new podcasts.

Content: define the agenda for tech. Build the most well-read and high-taste tech publication in the industry as an editor, writer, or specialist in growth/operations.

Social: build the biggest go-direct channels for the firm and top-tier CEOs, drive content strategy, design and audience growth.

Research: help us curate the most important conversations in tech.

Networks: Help build digital and IRL community across our extended networks of founders, investors, creators, and the tech ecosystem more broadly. Help run our VIP group chat operation. Help us source and identify amazing future founders at top companies today.

College: help us build a network of talented young people on campuses across the country (and the world).

Events: own flagship gatherings and summits that create moments people talk about.

Video: we want to take flyers on creative directors, content generalists, and aspiring filmmakers in tech.

More broadly, we’re interested in hiring anyone doing something exceptional at the intersection of investing and networks or content.

People here love the work, the people, and the growth.

https://t.co/JW91uv2o73

[George Pu @TheGeorgePu]

Brex hired 900 people in 2021-2022.

They took pay cuts for equity.

Options struck at $8-10/share.
Exit price: ~$5/share.

4 years of work.
Zero equity value.

This is the 409A trap nobody explains in the offer letter.

If you're taking a startup job for equity, ask what happens if they exit below your strike price.

[Jeff Morris Jr. @jmj]

Introducing Scout Program.

Real capital. A live leaderboard. And a path to running your own fund. https://t.co/qXyrbuN1rR

This will be the most interesting investing program in the industry when all is said & done.

[Garry Tan @garrytan]

New RFS's just dropped

Reminder: These are just ideas, these are not the ONLY ones we will fund. The best ideas invariably will be from YOU, not us.