Travis K

co-founder @ Metropolis. Computer vision autonomous payments platform.

[Sanna Marin @MarinSanna]

Thank you @HillaryClinton ❤️

[Travis K @travishkell]

@JillWineBanks @JoyceWhiteVance Important to remember though…communications data is technically never deleted…it will surface.

[Travis K @travishkell]

@rabois I worked for one of the VC LP pioneers out of college - Gene McDonald - who was the founder of DUMAC and no longer with us. I would love to have his take on evaluating funds today.

[Travis K @travishkell]

It’s lower than their cost of capital…

[Reuters @Reuters]

Apple to fund pay-later loans off its own balance sheet https://t.co/2t7WPwDPHo

[Kevin Baron @DefenseBaron]

JUST IN: @CIA added two stars to the Memorial Wall today, in its annual ceremony. DCIA Burns called the wall a "sacred place" and "“a sacred constellation that inspires us to do more.” Agency statement says, "The Memorial Wall now has 139 stars."

[Travis K @travishkell]

@jasonlk 100%

[Travis K @travishkell]

@rkorny Could be March 2008…

[Travis K @travishkell]

@loganbartlett FOMO?

[Travis K @travishkell]

@jasonlk That’s wild…

[Travis K @travishkell]

@lucy_guo LFG!

[Travis K @travishkell]

@kendallhtucker My female co-founder is often times thought to be an assistant and starts being asked to coordinate schedules. The number of apology emails once the mistake is identified is now quite long…it’s a really easy way to not get on our cap table.

[David Sacks @DavidSacks]

A lot of people automatically accuse VCs of having an ulterior motive when we warn that the funding environment has changed. Here’s our ulterior motive: we don’t want our portfolio companies going bankrupt.

[Travis K @travishkell]

@mgsiegler It’s a huge difference TBH…

[Travis K @travishkell]

@stevehouf You can always walk halfway to the door with every step…

[Travis K @travishkell]

@saranormous Are we in a bear market?

[Travis K @travishkell]

@NWischoff Typically see IRR, TVPI and DPI (or variations). Summary of the quality of liquidity management, total return and ability to harvest portfolio cos.

[Travis K @travishkell]

@lucy_guo I don’t know why but LAX to MIA feels like the worse flight in the country to me right now…did it 2x in April, dreading a third.

[David Sacks @DavidSacks]

So what should founders do?
— lengthen runway. Extract max growth for min burn
— focus on biz fundamentals. Negative gross margins & high burn are fatal right now
— adjust expectations. New rule of thumb = 20x ARR not 100x
— run a tight process & go wide when you need to raise.

[Travis K @travishkell]

@DavidSacks Best time to be building…