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umang's profile
Umang Jaipuria
Umang Jaipuria
Umang Jaipuria
@umang

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Umang Jaipuria

@umang

Tinkering. Previously, built fintech products @plaid, timeline & growth @twitter, ad tech @amazon

San Francisco, CA
umangjaipuria.com
Joined April 2008

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    1. Siqi Chen‏Verified account @blader 11 May 2019

      1/ This is the sad story of how I didn’t invest in $UBER after seeing it prelaunch. Or: why early stage investing is hard. Or: why I’m an investing idiot. Thread 👇:

      6 replies 19 retweets 127 likes
      Show this thread
    2. Siqi Chen‏Verified account @blader 11 May 2019

      2/ About 9 years ago, I was out with @kamalravikant for drinks at the St. Regis in SF. He starts telling me about this magical app that can summon a luxurious chauffeured black car to pick anybody up, and drop them off wherever you want. He called it: Ubercab.

      1 reply 0 retweets 13 likes
      Show this thread
    3. Siqi Chen‏Verified account @blader 11 May 2019

      3/ He does a live demo of it, and it was like magic: press a button, and you get a chauffeur. The primary use case at the time seemed to be for rich people to impress their dates. It seemed like a niche market but I was intrigued.

      2 replies 0 retweets 12 likes
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    4. Siqi Chen‏Verified account @blader 11 May 2019

      4/ I had just started angel investing, and got super lucky with my first investment (thanks @flashsoftteam) and I was on the lookout for new deal flow. So as I was sitting there with Kamal, I install it on my iPhone 3GS to try out the app.

      1 reply 0 retweets 9 likes
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    5. Siqi Chen‏Verified account @blader 11 May 2019

      5/ Signup goes smoothly. Then I try to enter my credit card number, and I get “internal server error”. I try a few times, same thing. Well that was enough for me - “these guys are idiots, they won’t even let me pay them.” So right there I wrote them off.

      1 reply 0 retweets 20 likes
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    6. Siqi Chen‏Verified account @blader 11 May 2019

      6/ Fast forward a few months later and I was using Uber daily to commute to work. Fast forward years later, here we are today. Congratulations to everyone at Uber for building an amazing company, and I would like to apologize to my family. FML.

      2 replies 0 retweets 29 likes
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    7. Siqi Chen‏Verified account @blader 11 May 2019

      7/ One of the best pieces of advice I ever got was from @markpinc of Zynga: “It’s easy to imagine what could go wrong, I like to imagine what happens if everything goes right.” That’s the most important question I now ask myself when evaluating a new investment.

      8 replies 79 retweets 427 likes
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      Umang Jaipuria‏ @umang 12 May 2019
      Replying to @blader @markpinc

      One of the best pieces of advice I ever got was also from @markpinc on my first day at Zynga and along the same lines: "Forget about right here right now, imagine everything goes right in your life. What would you want to be doing? Do that now."

      10:34 AM - 12 May 2019
      • 3 Retweets
      • 20 Likes
      • Colleen McCreary Lorenzo Barberis Canonico CreatorBez Michał Brański - branski.eth, 1 of 1/rare human CryptoLove Elizabeth Doijode Tarik Remila Alpha_Anon Nelson
      0 replies 3 retweets 20 likes

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