My Dad is the 1st founder I knew. He invented the fully automated fortune cookie machine in the '80s.
His trademark was a smile on the fortune. He's not a billionaire but he brought smiles to millions.
Fundraising tip:
Immediately after a meeting, write down every question that was asked - to the word. It feels tedious but it's the fastest way to improve your pitch.
Other than Google, can't think of any tech product that has added more value to my life than @twitter - warts and all. Indispensable with no substitute.
Caught up with a founder we backed over 13 years ago. Same company.
Growing quietly, deliberately, and then profitably. Did one round of VC. May not ever go public but will compound for a long time and build real value for shareholders. So much respect for him and others who
Going viral
What if this coronavirus is the pandemic that public health people have been warning about for years?
It would accelerate many pre-existing trends.
- border closures
- nationalism
- social isolation
- preppers
- remote work
- face masks
- distrust in governments
One thing I've learned the hard way.
Companies gravitate to the multiples of the industry in which they operate.
VC financing doesn't transform a company into a tech company with software multiples.