Eric Newcomer (@EricNewcomer) / X

Eric Newcomer

13.8K posts

Eric Newcomer

@EricNewcomer

Founder + author of Newcomer – a startups and VC newsletter & events company. Host summits, including Cerebral Valley AI Summit. Subscribe newcomer.co

Crown Heights, Brooklyn

Joined April 2009

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Eric Newcomer
@EricNewcomer
Mar 10, 2023
no atheists in a foxhole. no libertarians in a bank run
David Sacks
@DavidSacks
Mar 10, 2023
Where is Powell? Where is Yellen? Stop this crisis NOW. Announce that all depositors will be safe. Place SVB with a Top 4 bank. Do this before Monday open or there will be contagion and the crisis will spread.
Eric Newcomer
@EricNewcomer
Nov 8, 2022
Sequoia invested in a $420m round in FTX at a $25B valuation in October 2021 and a consortium with Paradigm invested $400M at $32B in January 2022. And now it's selling in a fire sale? This is a truly crazy event in startup world. Dot-com bust level event
Eric Newcomer
@EricNewcomer
Nov 17, 2024
Continue to think Waymo is not getting enough credit for what they have accomplished. Self-driving cars are just roaming the streets of San Francisco. How are they not met with more wonder and praise?
Eric Newcomer
@EricNewcomer
Jul 25, 2024
I covered the Zenefits saga closely for Bloomberg & Businessweek and I have to say it was a moment that tarnished my view of media. I saw how powerful narratives are. It didn't make any sense to me that people like David Sacks and a16z would care so much about regulatory arcana
Eric Newcomer
@EricNewcomer
Sep 3, 2024
founder mode vs manager mode
Eric Newcomer
@EricNewcomer
Sep 23, 2022
Sequoia Capital has held firmly onto its shares of Bird. The firm invested $139M in Bird. The position is worth just $5.6M today.
Eric Newcomer
@EricNewcomer
Nov 17, 2023
I wrote in June 2021 how Sam Altman’s departure from YC had been under explored
Eric Newcomer
@EricNewcomer
Nov 25, 2022
Replying to @RMac18
The people who agreed to be hardcore but then failed code review have a worse exit package than the non-hardcore people? Seems like Elon is kicking the people who defended him
Eric Newcomer
@EricNewcomer
Oct 26, 2020
Some crazy personal news: I've quit my wonderful job at Bloomberg in a pandemic to launch a subscription newsletter on startups and venture capital. I'm calling it Newcomer Read about here:
Welcome to Newcomer!
From newcomer.co
Eric Newcomer
@EricNewcomer
May 14, 2022
Craft Ventures predicts this downturn could last 1.5 - 2 years and thinks the correction is more akin to post dot-com than 2008 recession because this market turn is so tech-centric
Eric Newcomer
@EricNewcomer
Apr 17, 2022
Twitter board member Jack Dorsey snipes at Twitter’s board
Eric Newcomer
@EricNewcomer
May 13, 2022
Tiger Global told investors this year that it invested $1.1 billion in ByteDance at a $460 billion valuation in 2021
Eric Newcomer
@EricNewcomer
Jul 25, 2024
Replying to @DavidSacks
we both went to harvard but we didn't overlap. certainly i like parker and your political views are terrible.
Eric Newcomer
@EricNewcomer
Jul 7, 2022
🚨🚨🚨 Coatue argued in a private presentation that it believed that Robinhood has "zero valuation support" and a "broken business model"