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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Mar 30

    In an email thread with a founder bragging that he’s now “a millionaire” after raising a seed round (because his equity percentage * valuation = >$1m). That’s... not how any of this works.

    11:46 PM - 30 Mar 2018
    • 23 Retweets
    • 312 Likes
    • Martin Dinov Prez Cannady RchstrMN byebunny John Gaffney Renzze Mistal maaria bajwa Matt Gillooly !
    22 replies 23 retweets 312 likes
      1. New conversation
      2. Leo Polovets‏ @lpolovets Mar 30
        Replying to @AustenAllred

        Can I give you $1 at a $100B valuation so that you can tell him you're a billionaire?

        1 reply 0 retweets 27 likes
      3. Austen Allred‏Verified account @AustenAllred Mar 31
        Replying to @lpolovets

        You’re welcome to give me any amount of money at a $100B valuation anytime

        2 replies 0 retweets 33 likes
      4. 1 more reply
      1. New conversation
      2. Philip I. Thomas‏ @philipithomas Mar 31
        Replying to @AustenAllred

        It was probably on a SAFE too

        1 reply 0 retweets 2 likes
      3. Austen Allred‏Verified account @AustenAllred Mar 31
        Replying to @philipithomas

        "I'm a millionaire AND I don't have a board!"

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. Iñigo Veiga‏ @veiga89 Mar 30
        Replying to @AustenAllred

        Millionaire = +$1m in liquid assets. Shares of a founder in a startup in seed phase couldn’t be less liquid.

        0 replies 1 retweet 11 likes
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      1. Zheng Hao Tan‏ @zhenghaooo Mar 31
        Replying to @AustenAllred

        pic.twitter.com/TqDsAcfzAT

        0 replies 0 retweets 3 likes
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      1. New conversation
      2. Eric  💻 📲 💾 🕹 📽 🚀‏ @EricyuanY Mar 31
        Replying to @AustenAllred

        @VaughnBlake but that’s how it is working . Have founders driving around Teslas and eating $30 lunches for themselves

        1 reply 0 retweets 2 likes
      3. Eric  💻 📲 💾 🕹 📽 🚀‏ @EricyuanY Mar 31
        Replying to @EricyuanY @AustenAllred @VaughnBlake

        Crypto world is far worse behaviors and hubris

        0 replies 0 retweets 1 like
      4. End of conversation
      1. 𝗵𝗮𝗿𝗶‏ @haridalankan Mar 31
        Replying to @AustenAllred

        Is he from reddit/hacker news lol

        0 replies 2 retweets 0 likes
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      1. Ana Milicevic‏ @aexm Apr 1
        Replying to @AustenAllred

        I feel bad for that company

        0 replies 0 retweets 1 like
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      1. Food Angels®Germany 🥗 🥑 🌮 🌶 🍔 🐜 🍭 🍽 🍦‏ @FoodAngelsDE Apr 1
        Replying to @AustenAllred

        Such statement must alert his investors ! Wrong attitude.

        0 replies 0 retweets 1 like
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      1. Jessica Moore‏ @JessaMooreMedia Mar 31
        Replying to @AustenAllred

        I met a Founder with no company a few months ago. Super asks when I said that

        0 replies 0 retweets 1 like
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      1. Keith Wasserman‏ @Keith_Wasserman Mar 31
        Replying to @AustenAllred

        Sign of the times?😂😂😂

        0 replies 0 retweets 1 like
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      1. Zero coupon‏ @zero_coupon Mar 31
        Replying to @AustenAllred

        Perhaps he can consult the billionaire status of the Theranos queen

        0 replies 0 retweets 1 like
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      1. Kevin Hill‏ @CyborgTribe Mar 31
        Replying to @AustenAllred

        Possible millionaire, expected zero-naire

        0 replies 0 retweets 1 like
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      1. Itai Tsiddon‏ @itaitsi Mar 31
        Replying to @AustenAllred

        Short.

        0 replies 0 retweets 0 likes
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      1. Cody Schneider‏ @codyschneiderxx Mar 31
        Replying to @AustenAllred

        Silicon Valley vanity metrics.

        0 replies 0 retweets 0 likes
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      1. Friedrich A. Neuman‏ @faneuman Mar 31
        Replying to @AustenAllred

        hope you‘re not the investor

        0 replies 0 retweets 0 likes
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      1. Yousif Astarabadi  🦄‏ @YousifAstar Mar 31
        Replying to @AustenAllred

        If it’s not an equity round, he/she has a shit ton of debt!

        0 replies 0 retweets 0 likes
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