Something Airbnb has in common with Google and Facebook: Ron Conway did a huge amount of work for them behind the scenes. As I told the Airbnbs 10 years ago, if you plan to get really big, you want @svangel in your cap table.
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You could probably make a lot of money just by asking Ron what startups he's doing the most work for, and investing in those. He's "irrational" in the sense that the amount of work he does for a company depends on how important he thinks they are, not how much stock he has.
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Since he both knows everything that's going on in the Valley (when I want to know the truth about some rumor, I ask him) and has a highly developed nose for promising startups, when he thinks a startup is important, he's usually right.
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That's high praise indeed
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As someone whose seen Ron’s “irrational” work, this is true. He slogged to so many meetings with me circa 2003. He believed in the importance of what we were doing even though others in the portfolio would generate much more return.
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@paulg which macroeconomic newsletters do you follow?Thanks. Twitter will use this to make your timeline better. UndoUndo
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Well
@svangel ?? Who is taking up all of your time these days??pic.twitter.com/KMlXL9mxAlThanks. Twitter will use this to make your timeline better. UndoUndo
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The fact that this is considered in any way “irrational” is kind of part of the problem, no?
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Reminds of this post from 2010https://a16z.com/2010/04/06/ron-conway-explained/ …
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Hey
@paulg@robustus has a good point. It might be time to provide some investment equality to the rest of America, no?pic.twitter.com/bjBrKv4TF2
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Sounds like a really cool guy!
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