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Rex Woodbury
@rex_woodbury
Building @Daybreak_Fund, investing at seed. Prev @IndexVentures. Writing weekly about people & technology at digitalnative.tech.
New York, NY
daybreakventures.com
Joined July 2019
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    Rex Woodbury
    @rex_woodbury
    Mar 14, 2025
    I’m thrilled to (formally) announce Daybreak Fund I, a $33M venture fund built to be the first check to founders. Daybreak is designed to return to the roots of venture—early-stage, artisanal, disciplined—while helping bring venture into the next generation.
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    129K
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    Rex Woodbury
    @rex_woodbury
    Aug 29, 2022
    I honestly think in 30 years society will look at alcohol like we look at tobacco today. You can already see it starting—Gen Z consumes 20% less alcohol than Millennials did at the same age.
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    Rex Woodbury
    @rex_woodbury
    Dec 11, 2021
    This is Kat Norton, better known as Miss Excel. She has over a million followers on TikTok and Instagram, where she markets her Excel courses. She has 0 employees and makes up to $100,000 a day. When we think of the future of work, it might look something like Miss Excel 👇
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    Rex Woodbury
    @rex_woodbury
    Feb 24, 2023
    Most people don't realize the scale of video games: Hogwarts Legacy just grossed $850M in its first two weeks. Biggest launch ever for Warner Bros Games. By comparison, Warner Bros's biggest *movie* ever, the last Harry Potter movie, brought in $295M in its first two weeks.
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    1.9M
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    Rex Woodbury
    @rex_woodbury
    Feb 14, 2022
    Today I learned that the iPhone caused chewing gum sales to plummet. People became distracted on their phones in grocery store checkout lines and made fewer impulse purchases.
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    Rex Woodbury
    @rex_woodbury
    Feb 23, 2023
    More celebrity brands are failing. Adidas is set to lose $200M on Beyoncé’s Ivy Park this year. That's on top of a $1.3B loss from Yeezy. What went wrong? In order to work, a celeb brand needs to get three things right:
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    14M
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    Rex Woodbury
    @rex_woodbury
    Dec 20, 2022
    Surprising stat from Disney’s earnings call: over 50% of Disney+ subscribers are adults without kids
    1.6M
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    Rex Woodbury
    @rex_woodbury
    Aug 11, 2022
    Teens who use Facebook (2015): 71% Teens who use Facebook (2022): 32%
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    Rex Woodbury
    @rex_woodbury
    Mar 9, 2023
    Teens who meet up with their friends 'almost every day' is down from 50% in the 90s to 25% today. Falls off a cliff around 2010, alongside the rise of smartphones and social media.
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    29M
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    Rex Woodbury
    @rex_woodbury
    Feb 22, 2021
    I have a friend who looks up an obscure topic online before dinner parties, reads the Wikipedia entry, then subtly guides the conversation toward that topic. People are blown away by how knowledgeable he is. It's simultaneously brilliant and horrifying to watch.
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    Rex Woodbury
    @rex_woodbury
    Apr 30, 2021
    This is Miko. She's a virtual streamer who is controlled by a real-life woman known only as The Technician. The Technician uses the Unreal Engine and a $30,000 motion-capture suit to create Miko. Thread 👇
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    Rex Woodbury
    @rex_woodbury
    Feb 19, 2021
    To put the gaming market in perspective 👀🚀
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    Rex Woodbury
    @rex_woodbury
    Jun 10, 2022
    You can learn a lot about the state of the U.S. through this chart.
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    Rex Woodbury
    @rex_woodbury
    Apr 30, 2021
    AirPods do more in revenue than Spotify, Twitter, & Snap *combined*
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