11–20 of 42 posts
IndieVC[0] is the only really interesting spin on investing I've seen out there and they open-sourced their terms sheet publicly at launch.
The flaw here is using the wrong metrics. Once a company has found a repeatable and growing business model, it’s trivial to raise money and there’s no reason to pick Social Capital over anyone else. The big market opportunity is to fund startups at the very earliest signs of success. When all they have to show is some code and a few Hacker News upvotes or GitHub stars. Someone is going to make YCs returns look weak b…
so which metrics are the right ones to look at?
The “social response” (HN, GitHub, reddit, ...) to a new project, product, or service is all you should need to predict success at a high enough rate to do extremely well.
It’s not a matter of difficulty so much as conviction and intelligence.
Although the author is vague, it sounds like they built a system to analyze company metrics and thus screen investments at scale. This enables them to see more investments around the world, and makes it easier for entrepreneurs to "pitch" them, because they don't need to do the time consuming, typical Silicon Valley pitch process. Many more companies can get funded this way. And those investments will be less competitive and garner lower valuations (implying better returns). Again... genius.
The flaw here is using the wrong metrics. Once a company has found a repeatable and growing business model, it’s trivial to raise money and there’s no reason to pick Social Capital over anyone else. The big market opportunity is to fund startups at the very earliest signs of success. When all they have to show is some code and a few Hacker News upvotes or GitHub stars. Someone is going to make YCs returns look weak b…
From my experience, most of it is about connections. I have seen $41 MM thrown at startups like Color and them failing a month later! Why just recently, FileCoin raised tens of millions from VCs, before goong on to raise $200 MM from crypto holders around the world for a product that hasn't even been developed, in a space where MaidSafe and IPFS etc. already exist. How? Because it was touted by CoinList, started by a…
The flaw here is using the wrong metrics. Once a company has found a repeatable and growing business model, it’s trivial to raise money and there’s no reason to pick Social Capital over anyone else. The big market opportunity is to fund startups at the very earliest signs of success. When all they have to show is some code and a few Hacker News upvotes or GitHub stars. Someone is going to make YCs returns look weak b…
so which metrics are the right ones to look at?
https://medium.com/swlh/diligence-at-social-capital-part-1-a...
https://medium.com/swlh/diligence-at-social-capital-part-2-a...
https://medium.com/@jonathanhsu/diligence-at-social-capital-...
https://medium.com/@jonathanhsu/diligence-at-social-capital-...
https://medium.com/@jonathanhsu/diligence-at-social-capital-...
https://medium.com/swlh/diligence-at-social-capital-epilogue...
It's not really clear from the write up exactly what they're offering... How is this different from any other VC outfit? IndieVC[0] is the only really interesting spin on investing I've seen out there and they open-sourced their terms sheet publicly at launch. [0] http://www.indie.vc/
The flaw here is using the wrong metrics. Once a company has found a repeatable and growing business model, it’s trivial to raise money and there’s no reason to pick Social Capital over anyone else. The big market opportunity is to fund startups at the very earliest signs of success. When all they have to show is some code and a few Hacker News upvotes or GitHub stars. Someone is going to make YCs returns look weak b…
From my experience, most of it is about connections. I have seen $41 MM thrown at startups like Color and them failing a month later! Why just recently, FileCoin raised tens of millions from VCs, before goong on to raise $200 MM from crypto holders around the world for a product that hasn't even been developed, in a space where MaidSafe and IPFS etc. already exist. How? Because it was touted by CoinList, started by a…