Best advice I ever got: think like a VC when looking for tech job.
It led me to joining Rippling ($11B+) before its Series A. It changed my life, so I built a free tool to help others.
We expect that each company listed on Prospect will grow at least 2X over the next 4 years:
After working with many founders during a PR crisis, here the advice you get for each price level. Hopefully it will save you some money.
1. In-house Comms
• Cost: $0
• Advice: Put out an apology and announce changes, which will subsequently get picked apart by every critic.
• Cycle Length: 2 years or more
2. Mid-tier Comms Agency
• Cost: $10,000 retainer
• Advice: Go silent, don’t say anything.
• Cycle Length: Goes away in 2 weeks
3. S-tier ex-Whitehouse Crisis Firm
• Cost: $50,000 retainer
• Advice: Just post through it like nothing happened.
• Cycle Length: Goes away in 48 hours
Whether you’re a VC or founder, understanding Term Sheet terminology is CRITICAL.
Here are some terms to know:
- Pre-money valn
- Option pool
- Liquidation pref
- Dividends
- Conversion
- Voting, info & participation rights
- Anti-dilution provisions
- Drag-along
- Board makeup
I pass on a lot of companies where I like some things about the deal but have not reached conviction. I offer to stay in touch.
90% of founders don’t do this (I get it).
But the ones that do, I always revisit the decision when they reach out - did I make the right decision, should I look again, can I be useful with intros or connections?
Staying top of mind is an underrated founder superpower 🚀
i ended 2023 w a goal to invest $1M in black founders in 2024 but w no idea how i’d do it. j two months into the yr & i now have an oppty to invest $5M into black founders this year
manifesting is real
Hey X fam! I wanted to get some feedback on a social fintech project I’m building in public designed to help the average American better understand online financial content and improve their overall financial decision making. https://t.co/Q0Xzbhx8Cv 🙌 feedback please. 🤓
How to turn $4,000 into $100,000,000+ 💸
They couldn't get a single investor to take them seriously...
That's when 4 friends decided to each invest $4,000 of their own savings to launch Chubbies.
(a 🧵 for DTC founders 👇)
Holy shit.
Can you imagine a GPT where you could ask any question and it uses advice from 3,000 20VC episodes to answer your questions from the best VCs in the world.
Wow.
Just starting in VC or looking to raise? Get to know the industry by diving into some podcasts.
Here’s a list of VC podcasts to get you up to speed quickly:
- 20VC
- All-In
- This Week in Startups
- The Full Ratchet
- Venture Unlocked
& of course @HarlemCapital’s MORE EQUITY podcast 🪄
Companies that secure 1000s in VC funding are easiest to close via cold outreach! Here’s how to find recently funded startups and pitch your business:
1. Google "Dealroom co"
2. Select "Rising Stars" and "Fastest Growth"
3. Save Linkedin URLs of company founders
4. Personalize your offering and reach out to them
#buildinpublic