[deleted]
Introducing Initialized Capital
61–70 of 155 posts
Re: Introducing Initialized Capital
#62Is there a reason why the startup list is a giant image rather than a table of links? It'd be nice to hit each startup's landing page as I'm browsing your list of clients.
Not that big of a deal, though. Interesting VC being product people instead of finance people :)
Re: Introducing Initialized Capital
#63Hi HN! Happy to answer questions here, which is funny because this is where it all really started for me back in 2007 when I was first thinking of starting my first company. I started as an HN reader working at a friend's startup, applied to YC and got in, became a YC partner, and then an early stage investor. We're engineers and designers and product folks, and most investors aren't still (which is crazy, right?) so…
Hi Garry, Do you guys hold office hours for startups in your portfolio or anyone can schedule some time with you? And what should one do to be prepared for the office hours?
Thanks
Re: Introducing Initialized Capital
#64Just a quick note to say congrats to Garry and Alexis. Garry helped us out a ton at 7 cups. He said a startup is like a magnet. The more users you attract, the more powerful your magnet becomes. Alexis has also always been very encouraging and helpful in figuring out things that are not obvious. I highly recommend Initialized!
> He said a startup is like a magnet. The more users you attract, the more powerful your magnet becomes.
It doesn't matter what I swap out for 'users' in this analogy, I can't make it make sense. It sounds impressive though.
Re: Introducing Initialized Capital
#65Just a quick note to say congrats to Garry and Alexis. Garry helped us out a ton at 7 cups. He said a startup is like a magnet. The more users you attract, the more powerful your magnet becomes. Alexis has also always been very encouraging and helpful in figuring out things that are not obvious. I highly recommend Initialized!
> He said a startup is like a magnet. The more users you attract, the more powerful your magnet becomes. It doesn't matter what I swap out for 'users' in this analogy, I can't make it make sense. It sounds impressive though.
network effects. If you are a marketplace or service you need both sides ramping up fast- the more users you get the more valuable it becomes and easier to attract more and so on.
Re: Introducing Initialized Capital
#66What are you looking for in your portfolio?
Re: Introducing Initialized Capital
#67Dear Garry - is any VC really "founder friendly"? VCs expect founders to work for zero or minimal salary. Even a below-market salary is incredibly painful in any metro. My question -- will VC-funded startups ever enter the realm of the non-wealthy and/or beyond bro's willing to bunk up in a studio apt?
That's incredibly not true. Sure you have to put in some work to get funding, but if you have a good enough idea+team+story+market, or existing product with traction and lots of room to grow, no one is going to expect you to cover your cost of living.
Re: Introducing Initialized Capital
#68Dear Garry - is any VC really "founder friendly"? VCs expect founders to work for zero or minimal salary. Even a below-market salary is incredibly painful in any metro. My question -- will VC-funded startups ever enter the realm of the non-wealthy and/or beyond bro's willing to bunk up in a studio apt?
Not true at all. The general opinion of investors in Silicon Valley is that is that after a seed round, founders should take a salary where they aren't worried about their bills but aren't getting rich.
Re: Introducing Initialized Capital
#69Earlier quoted context omitted.
> He said a startup is like a magnet. The more users you attract, the more powerful your magnet becomes. It doesn't matter what I swap out for 'users' in this analogy, I can't make it make sense. It sounds impressive though.
network effects. If you are a marketplace or service you need both sides ramping up fast- the more users you get the more valuable it becomes and easier to attract more and so on.
...and this is like a magnet.... how?
Re: Introducing Initialized Capital
#70Is there a reason why the startup list is a giant image rather than a table of links? It'd be nice to hit each startup's landing page as I'm browsing your list of clients. Not that big of a deal, though. Interesting VC being product people instead of finance people :)
Working on it. :-)