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Iโm a 2x founder and early stage space, defense, and frontier tech investor.
See what Iโm up to โคต๏ธ
(12/25) "A Japanese shipbuilder's bid is absolute. If they finish it below expected cost, they make a larger profit. If they encounter delays and mistakes, the builder has to correct it at their own expense.โ
๐คฏ Wow! Aligned incentives actually yield sensible results. Go figure.
After reviewing 1,000s of decks, 100s of meetings, and 40+ early stage investments, Iโm shocked how most founders make identical fundraising mistakes.
A ๐งต on common assumptions and how to avoid imploding before starting.
n/10
Shameful. Americaโs premier VC fund is financing new adversarial technology out of the PRC.
There are plenty of ways to generate outlier returns investing in US innovation.
Sad day.