managing partner @iaventures. working @thetradedeskinc @transferwise @signifyd @octanelending @memsql @gospel_tech. also @UMich @Columbia_Biz
Scaling In Lower Cost Locations. 💯 spot on. Managing multi-location growth well, whether it’s in engineering, sales or customer support, is a super power #scaling
Are football players just too big, strong and fast given the dimensions of the field at this point? Two men down taken off on stretchers in one game? Rules have been dramatically changed to soften the game, but physics is physics. 🧐🏉
@semil And this can be used for either raising some amount of primary capital before public listing or a private secondary to establish a rough benchmark price for where the direct listing might begin trading once the shares are listed. Bifurcating capital raising from price discovery.
@semil But again, there is no reason to bundle capital raising with facilitating a public listing. They can and should be viewed separately with the appropriate venues, methods and pools of capital accessed for each.
@impcapital @ganeumannYou are 💯 correct Sarah. LPs are the enablers - good and bad. The fact is that many aren’t good, overestimate their skill or sub out their “asset class” allocation to closet VC industry return indexers - for a fee. Too much capital, poor manager selection, misaligned incentives.
No truer words said . You’ve perfectly captured the essence of the concentrated, early stage investor #vc