Pinned
A startup is not a company: it's an experiment to see if a company deserves to exist. Until p/m-fit, speed of hypothesis testing trumps everything. Startups die when they spend faster than they learn.
Yan-David (Yanda) Erlich
6,890 posts
Yan-David (Yanda) Erlich
@yanda
π₯° @merci,ποΈββοΈ (olys), π§ββοΈ (nondual + inquiry + jhΔna), πΆ & πΆ. π¨βπ» GP @BCapitalGroup. Prior: COO & CRO @wandb, GP @coatuemgmt, 4x founder, engineer.
- For years @merci & I have been trying to have kids. Many obstacles, including a scary ectopic that required life-saving emergency surgery. I'm a pro-business centrist, but my "single-issue" is my wife, and all women, being treated as human beings.
- I would pay for a single, reasonably priced, subscription to all news sites, akin to Spotify for news.
- Long-term moats: 1. Network effects: each cust adds value to all 2. System of record: own critical data 3. Platform: many corpsβ success depend on yours 4. Sales motion: be your customersβ innovation partner 5. System of engagement: own end-user habits Which ones did I miss?
- Those talking of leaving the Bay now that they can work remote seem to ignore its great weather, easy access to nature both water and mountain, prevalence of great food & fresh fruits/veggies, diversity of cultures. Life isnβt just a tax optimization game.
- The NYT pro-Nazi article is another proof that Trump, etc have successfully moved the Overton window. Read @Amy_Siskind regularly. Little protects us now. We live in scary times.
- When VCs trash-talk a business: When they have a competitor in their portfolio, I'm like: "β₯οΈ that you root for your team" When they don't, I'm like: "π€·ββοΈ why would you do that?"
- Twitter brain: am looking to befriend GTM leaders who love AI/ML and dev tools. Who should I meet?
- If youβre an early stage investor, a current bull or bear market shouldnβt affect your approach. The companies youβre investing in, if they succeed, will go public in a market thatβs years from now. What does the market today tell us about the market years from now? Nothing.
- Want to get what you ask for? Negotiate. No, itβs not a bad word. You do it all the time but probably donβt know it! Here are the two things I did to get better at it: 1/ Read this book: amazon.com/Never-Split-Diβ¦ 2/ Use my cheat sheet: docsend.com/view/jmc6vs5