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webdevMason's profile
Mason 🏃‍♂️✂️
Mason 🏃‍♂️✂️
Mason  🏃‍♂️ ✂️
@webdevMason

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Mason  🏃‍♂️ ✂️

@webdevMason

LA → Oakland
calendly.com/masonhartman
Joined July 2015

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    1. Bryan Birsic  ❤️‏ @birsic 2 Jun 2019
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      Bryan Birsic  ❤️ Retweeted Mason  🏃‍♂️ ✂️

      Probably because return data doesn’t support it Tragicallyhttps://twitter.com/webdevMason/status/1039311534525042689 …

      Bryan Birsic  ❤️ added,

      Mason  🏃‍♂️ ✂️ @webdevMason
      Fundamentally, venture capital is the business of identifying & believing in ambitious people who need someone to believe in them. The greater the extent to which they're underestimated, the more you stand to gain — why is this *never* articulated?
      Show this thread
      2 replies 1 retweet 5 likes
    2. Mason  🏃‍♂️ ✂️‏ @webdevMason 2 Jun 2019
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      Replying to @birsic

      If you believe you can beat the market and then you don't, your returns are telling you *something,* and it's up to you to interpet that in a way that doesn't leave you shirtless

      2 replies 1 retweet 5 likes
    3. Bryan Birsic  ❤️‏ @birsic 2 Jun 2019
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      Replying to @webdevMason

      I believe so much in the dynamic you described that there’s a good chance I start a company soon to address it. That said, given today’s funding reality you have to believe LPs of VC firms are either really, really dumb, or heartless capitalists. I believe the latter.

      1 reply 0 retweets 2 likes
    4. Mason  🏃‍♂️ ✂️‏ @webdevMason 2 Jun 2019
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      Replying to @birsic

      An LP who's getting enviable returns is probably not really, really dumb. Probably pretty capitalist, probably not particularly heartless or sentimental. I think you may have misread my claim, or stuffed it with a little more sugar than the [very simple] recipe called for

      2 replies 0 retweets 1 like
    5. Bryan Birsic  ❤️‏ @birsic 2 Jun 2019
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      Replying to @webdevMason

      More sugar?

      1 reply 0 retweets 1 like
    6. Mason  🏃‍♂️ ✂️‏ @webdevMason 2 Jun 2019
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      Replying to @birsic

      I'm not aware of any body of data that contradicts the claim that returns will generally be higher (as a function of initial investment) for those who win that were most undervalued at the point of investment

      2 replies 0 retweets 1 like
      Mason  🏃‍♂️ ✂️‏ @webdevMason 2 Jun 2019
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      Replying to @webdevMason @birsic

      So generally I assume that when someone says there *is* such data, they're talking about some other kind of expectation

      6:45 PM - 2 Jun 2019
      0 replies 0 retweets 0 likes

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