1/ The first 18 months of starting a company is often life or death. I must've made 5 different companies that each failed within 9 mo. 😭 Each time the company failed I figured out what I could do better. Eventually startup #6 got to $40K/mo by month 18. Here’s what I learned...
1/ I became "CEO" at 20. I dropped out of college. I had only interned somewhere prev. Looking back, I couldn't imagine the journey that would occur from writing code all day to scaling to 300 people. I got lucky, I screwed up a lot, & had a lot of help. Here's what I learned...— Suhail (@Suhail) May 21, 2018
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2/ “Being a VC” can mean a lot of different things, so it’s worth asking:
What actual activities do you want to do?
- Deep market analysis?
- Be in the flow of information and people?
- Make deals?
- Work closely w/ founders over time (e.g take board seats?)
- Manage capital?
3/ It’s worth specifying what type of VC you might like to become — as there are different archetypes. E.g.
- Benchmark (Lead series A/B - couple investments a year)
- First Round (Lead seed rounds, partner w/ a few companies a year)
- SV Angel (Make lots of seed investments)
Expa - Incubate companies
YC / Village Global - Build a platform to help entrepreneurs at scale
Do you want to join a firm or start one? There’s a lot to consider.
Different paths will require different skillsets & sets of experiences.
5/ Since the person who wrote the email is a young person trying to break into VC by joining a firm (and who doesn’t want to start a company), I’ll tailor this tweet storm to that goal. There’s some overlap.
There's a deep-rooted psychological (and biological) reason why.
And today, I'm gonna to explain all of it so you can start profiting off of this knowledge 💰💰
*Now, this thread is going to be long and in depth. Make sure to favorite the top tweet now so you can come back to it later.
So. Down to the very core of every living being (humans, dolphins, bacteria, aliens), there are only two drivers:
1. To survive
2. To reproduce
Right off the bat, we know that sex is a primary driver to human behavior.
This would also mean that each gender has its own insecurities regarding sex.
Men have a subconscious fear that their woman will leave them for someone more successful
Women have a fear that their man will leave them for someone younger & better-looking
We can conclude that men are attracted to looks, and women are attracted to status.
This is human nature down to its very core.
Crazy, blue-haired feminists will try to argue and say otherwise.
But, 50 years of feminism DOES NOT OVERRIDE millions of years of evolutionary biology.
Here's a quick visualization exercise so you can see how true all this is...
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Today, there are 500,000 young men missing from the U.S. workforce.
Research suggests video games & improved leisure tech plays a role in the problem. 👇 Thread:
Following the 2007 to 2009 recession, 25 to 34 year old men exited high school with fewer middle-skill job opportunities than years prior.
During this time, we saw an increased number of men living with parents & choosing unemployment over lower paying jobs.
It's estimated that 24M millennials live w/ their parents.
1 in 4 living in their parents’ home neither go to school nor work.
What's more surprising? 9 in 10 who lived with their parents a year ago are still living there w/ no plans to leave.
Economists are calling millennial men a lost generation.
According to economist David Dorn:
“If you get to the point where you’re turning 30, you’ve never held a real job and you don’t have a college education, then it is very hard to recover at that point.”
Economists suggest this choosiness is a generational trait.
Forbes interview w/ a high school educated man:
"I’m very quick to get frustrated when people refuse to pay me what I’m worth."
“People feel that they have choice nowadays, and they
Let folks have their many talents, interests and gifts. Life is far more fun with variety, loves.
A lot of folks have come to know me as an activist & I’m grateful that folks care to know me at all.
But I wasn’t born in 2014. I was a whole teacher, executive, policy person, speaker, arts and culture lover, reader, writer, woman of faith, fashion and more before 4 yrs ago 🤷🏾♀️
We rightfully complain that marginalized people are not allowed to be fully human.
But we internalize and transfer our oppression daily. It’s a smog. We all breathe it in & act it out.
And then tell WoC “girl ain’t you supposed to be a _______? Why you doing ____?”
Can I live?
And don’t go reading anything personal into this-this isn’t about me necessarily and it’s no subtweet (I try hard not to do that.)
I’ve just been observing that behavior more and more lately. Especially when it comes to marginalized folks.
Evolution should be our aspiration.
“Can’t knock the hustle” should be our anthem.
As long as someone isn’t bringing active and continual harm, why can’t they explore their many sides?
So, about 5 years ago, we got on facebook. Why? Well, facebook has a big audience and they like to consume on facebook. So, we started posting comics there, even though we got paid nothing and facebook made money off the free content.
Why? Because back then, once in a while, you would say "also hey, I sell books" or "hey, I'm going to be signing at this event" and your facebook followers would actually see it.
Effectively, the implicit old arrangement was "facebook lets me reach readers efficiently, and I supply facebook with free content they run ads on."
Over time, like a bad business partner, facebook basically made it impossible to reach your audience without *paying them*. Thus, you supply them free content on which they run ads, and you get nothing in exchange.
Hey folks, have you ever wondered why trans people face constant accusations of fetishism, sexual predation and child abuse/grooming? Well, today let's talk about stochastic terrorism.
So, first we have to talk about what stochastic terrorism actually is. Remember when there was a conspiracy that there was a pedophile ring operating out of a pizza parlour basement, and a crazed gunman showed up? It's that sort of incitement that stochastic terrorism describes.
It's the demonisation or incitement against a group of people or individuals with the intent that other, unaffiliated parties will act upon it; it's the releasing doctored footage and a shooter show up at Planned Parenthood as a direct result of what he's been led to believe.
So with that in mind, let's talk about Russia's extreme anti-LGBT laws that banned the "promotion" of LGBT lifestyles to children. A move that specifically marked LGBT people as a threat to children, and resulted in neo-nazis meting out vigilante "justice" against gay men.
Groups such as this would lure unsuspecting gay men via dating sites, and brutalise and humiliate them on camera. They did so under the guise of combating child abusers, one group calling themselves "Occupy