Working with startups has never felt like work to me. I love the blank canvas, the rush of initial customers, and the satisfaction of product breakthroughs. I love convincing people to join fledgling teams through passion and conviction. I love that fleeting period of time when a team knows they have something big, but the rest of the world doesn’t know it yet.
I understand how hard it is to go from zero to one. Building Lattice for the past eight and a half years was an incredible experience. I’ve learned and grown more than I would have believed possible in that time.
Now it’s time for what I hope will be an infinite game: finding, supporting, and studying great startups. I believe that investors can be helpful in two ways. One, providing quality advice to companies, rooted in context on the company and valuable personal experience. Two, using their network to help those companies more quickly acquire customers, capital, and talent.
I’m building Alt Capital with this in mind. When you ask us for help, we’ll be there immediately; when you don’t want help, we’ll respect your space. We won’t leave important things unsaid, we’ll do what we can to help you avoid wasted cycles, and we will be long term kind over short term nice. We’ll encourage you to dream bigger. We will always operate with deep respect for the role of the founder, and work hard in your service.
We’re so excited and ready to go. We’ll be looking to grow the team soon, so if you or someone you know is interested in joining the investing team please reach out!
@StephNass It’s a great idea. Fundraising is a crucial aspect of the startup ecosystem.
I don’t see how it hurts to bring on an advisor. They could help out in many ways you, the founder, may be blind to.
Coach/Advisor brings a lot of experience and knowledge to the table.
Americans Are Losing Faith in the Value of College. Whose Fault Is That? - The New York Times
It is pretty straightforward here: student debt and admission costs are major factor. https://t.co/zOYOa9JQfL
The most powerful hire for your business:
A Chief of Staff.
But 99% don’t know who they are or what they do.
Here's how this hire will allow your business to run itself:
A short 🧵on why raising the fed funds rate hasn't had the tightening impact many anticipated.
Generally, the federal reserve raises the fed funds rates when the economy is over heated. Increasing rates raises the cost of borrowing, discouraging further investing or spending.
The week is just over halfway through, and we've seen 8 huge announcements in AI:
Apple Enters AI
Replit a Unicorn
Mobile AutoGPT
Yelp AI in Search
TikTok AI Avatars
Secrets in ChatGPT
Boston Dynamics GPT Robot
Hugging Face ChatGPT Alternative
Here's what you need to know 👇
“Manage your runway and your burn and don’t expect that a raise is automatically 24 months out.
If you can’t raise capital after that point, you probably aren’t building a viable business.”
This is absolute 🔥 with @ophelia_brown@blossomcap 👇
@MW2CODHub It should have been added from the beginning. Also missing…
• matchmaking options to turn off cross-platform
• missing hardcore
• missing a map from Beta
• game is full of bugs (campaign to multiplayer)
Lack of foresight. Looking a lot like BF 2042 launch 👎👎
California's legislature voted overwhelmingly yesterday to preserve the option to relicense & extend operations of the Diablo Canyon nuclear plant, which supplies nearly 9% of CA electricity, sans CO2. A huge win for rational policy making and dogged efforts of DC supporters. 👏