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Rick Heitzmann
@rick
Venture capitalist - Founder and Managing Director at , Entrepreneur, avid Philly sports fan
Financial ServicesNew York Cityfirstmarkcap.comJoined October 2009

Rick Heitzmann’s Tweets

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We are fortunate to have partnered with some of the best entrepreneurs in the world and had the support of world class LPs who share our long term vision. Appreciate the opportunity to continue our mission.
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1/ We're proud to announce our newest funds, FirstMark VI and OF IV, with $1B+ in commitments
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maybe the most important healthcare treatment and trend of 2023
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I joined @JimCramer for @MadMoneyOnCNBC to talk about the new @Ro Body Program. cnbc.com/2023/01/20/tre
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The trees that last the longest invest the majority of their energy developing their trunk, their foundation. They don’t do it quickly, but constantly, continually over time. Small branches explore new space, collecting light, testing a direction carefully, always moving up. 🌲
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CEO: "We have a chance to acquire a small competitor that raised Series A / can't raise Series B. Thoughts?" Me: "Is it in your top 3 priorities for '23?" CEO: "No" Me: "I think you know the answer" Market dislocations create a lot of booby traps disguised as opportunities...
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Welcome to ... Look forward to the journey together!
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We are thrilled to announce our $6M Seed round led by @FirstMarkCap and @mattturck. ✨ Matt and FirstMark deeply share our vision, and we are truly humbled to have them with us on this journey. 🚀 Thank you very much @TechCrunch for the feature - tcrn.ch/3GD0F5T
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This correlates with different use cases by network and hopefully a catalyst that not all are equal and should not be valued based on the same metrics
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1) Time spent for almost every major social network has accelerated through November from a summer trough and most are now growing faster than TikTok. TikTok time spent has been negative YoY for 5 months this year, including November. Data from BofA via ST.
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If you haven't acted already - you might be too late... expectations will, appropriately, rise and 2023 will be a year for leadership
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1) The fact that Twitter is running well with headcount down significantly really matters. Whether they admit or not, everyone in SV admires Elon. A lot of venture funded CEOs are sending emails like this; inspired by Elon and taking drastic action. Margins are going up.
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The Ro iOS app is now live! Congrats to the entire team on the incredible launch 👏 #healthtech #healthcare
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1/ Patients asked us for easier ways to navigate their healthcare—so we built the Ro app. It puts the power of our platform in their hands. prnewswire.com/news-releases/
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What’s this years hot new app / site? Learn a lot from what people outside the bubble find compelling as users
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Just so we all have the correct intel before 🦃 dinner conversations with the fam, can anyone explain: 1) Who the candidates are + who wins in ‘24 2) Whether we are in a recession or not 3) Why the World Cup is being played in Qatar 3) Why SBF is not in jail 🙏
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Great case study on marketplace economics
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Ride-sharing always should have been a network effects business, as @DavidSacks drew up years ago. Free money “paused” micro-economics, but the “long run” is finally here. @DoubleLJSquared explains it well: wsj.com/articles/why-l
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