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Just spent some time with @davidcohen as a guest on the @Techstars Give First podcast.
Techstars has been a HUGE presence in my life (especially early in the startup chapter of my career) so this was a very cool full-circle moment for me.
The internet rules.
2017 alumni, for completing its $40.8 million funding round🎉This funding will help the Slingshot develop new products and also finance recent acquisitions 🚀
We are so grateful to our community for how much they show up to help others. This is the #givefirst awards ceremony at FounderCon.
This year 6 people won give first awards at FounderCon.
as they seek to empower dedicated students of color with an intensive STEM education, culturally-relevant coursework and access to resources and social capital! Donate today and have every dollar donated matched by Dec 15
Last week, I had the pleasure of speaking with @davidcohen at #websummit about how companies can use the #Pledge1 framework to create social impact through equity. Our talk is now available here: https://bit.ly/3tC4cKL@websummit
It does seem nuts to me that artists don't benefit from ticket resales. Most tickets sales are ticket resales! That's where all the money is made. Seems like a taylor-made (dad pun intended) opportunity to use #web3 to track this.
#Ticketmaster is only going to get worse and make seeing concerts an impossible luxury for most fans. There is no world where it makes sense for 80-90% of face value inventory to go to resellers first instead of fans. To make matters worse artists like @taylorswift13 … 1/3
For example, you could ask one of your investors who said they want to help with their network and raising capital to think about the 5 best investors for your next round.
Give them jobs. Once you know how they want to be helpful, give them one job a quarter. Present that job in the context of how they’ve said they want to be helpful.
First, have a discussion with each of them about how they want to be helpful. Asking this question is powerful, because they probably don’t want the answer to be “not at all.”
Much has been said about how to find and land investors. And, most investors say that they want to be helpful beyond just the money. They are “value added investors”, right?
The restaurant is not in the same space as their fund. And they can be LPs in other funds because LPs don’t make any investment decisions, hence no conflict of interest.
So, LPs pretty much always restrict the VC they’re investing in from investing personally because they don’t want the VC to cherry-pick the best companies for personal investment.
That’s a conflict of interest. After all, she’s supposed to be Investing for you, her LP. Why wasn’t that investment in the fund that the LP invested in? Why are you paying them if you’re not getting the benefit of their work?