@mehtasanjay Which are the most promising blockchain startups that have pitched you in the past 12 months?
— Paramendra Kumar Bhagat (@paramendra) April 19, 2022
Focus your startup on solving just one painful problem and your odds of success increase dramatically.
— Andrew Gazdecki (@agazdecki) April 20, 2022
Would be glad to meet, but can we do a voice chat first?
— Paramendra Kumar Bhagat (@paramendra) April 20, 2022
Compounding interest is a very powerful tool. SuperRare Spaces are like compounding interest for curation. The SuperRare Network is now growing exponentially 💎
— SuperRare John 💎 (@SuperRareJohn) April 20, 2022
I have just the thing for you. https://t.co/ADxzpQtmHl
— Paramendra Kumar Bhagat (@paramendra) April 20, 2022
I have sourced for 166 Techstars programs since 2018,
— Saba (@sabakarimm) April 20, 2022
Given that we invest in 10-12 startups per program, I've seen more than 1,600 startups accepted during my time, which is about half our portfolio.
Our first half was selected 2007-2017.
🤯
Sign up for Gary's List and go to some tech events in the evenings. https://t.co/KzmxHO11iw
— Paramendra Kumar Bhagat (@paramendra) April 20, 2022
I'm in NYC April 23-29
— Justin Gordon (@justingordon212) April 19, 2022
Please send all your recs for restaurants, coffee shops, and places to go 🙏🏾
Would love to meet some of you while I'm there too!
JUST IN - Netflix stock crashes over 30% at open. Yesterday, Elon Musk tweeted "woke mind virus is making Netflix unwatchable."
— Disclose.tv (@disclosetv) April 20, 2022
_______ is the Night
— Elon Musk (@elonmusk) April 20, 2022
I do have a five-year-old niece. This is not hypothetical!
— Paramendra Kumar Bhagat (@paramendra) April 20, 2022
This is like an epidemic. They lurk. As soon as you tweet at the intended person, they look for a good time to DM you. You think you are talking to The Person. But no. One letter is different. ArturPaxful might have become ArturPaxfui (real story).
— Paramendra Kumar Bhagat (@paramendra) April 19, 2022
Just reported it for impersonating
— Leslie Feinzaig (@LeslieFeinzaig) April 19, 2022
@ArturPaxful @raypaxful Artur, you were impersonated. But the impostor is gone.
— Paramendra Kumar Bhagat (@paramendra) April 19, 2022
Looks like ArturPaxfui is gone after I reported. It briefly became ArturPaxfull. It was a bot. It automatically retweeted everything of the original. So it looked very real. And it was a hijacked old account. So looked all too real.
— Paramendra Kumar Bhagat (@paramendra) April 19, 2022
Minted my 10 nfts on https://t.co/JHrS61ApJm ! Can you believe these awesome paintings are done by preschool children😲All the proceeds will go to building schools across Africa and South America pic.twitter.com/PRf8I777EB
— Artur Schaback⚡️ (@ArturPaxful) November 30, 2021
No.
— Paramendra Kumar Bhagat (@paramendra) April 19, 2022
Cryptography problem: make an invertible, easy-in-both-directions function from [0...2^256 - 1] to [0...2^256 - 2] (or more generally, -k for small k) where the exceptions to the invertibility are computationally infeasible to find.
— vitalik.eth (@VitalikButerin) April 19, 2022
Has there been any work on this?
if you're a founder wondering why VCs don't always give feedback, at least one of the reasons is that sometimes we are rewarded with a barrage of abusive emails 👌 pic.twitter.com/NY8CqU5TNo
— Geri Kirilova (she/her) (@geri_kirilova) April 18, 2022
Paying customers can fund your startup you know.
— Andrew Gazdecki (@agazdecki) April 18, 2022
Startup founders push through the ups, the big wins, the big losses, the downs, everything. For the love of the game.
— Andrew Gazdecki (@agazdecki) April 19, 2022
One of my patients tearfully told me she’s cancelling her flight to her daughter’s (outdoor) wedding on Saturday. It’s wild some people’s *mild discomfort* while wearing a mask is more important than immunocompromised people’s ability to LIVE through a pandemic. #maskmandate
— Amani Jambhekar MD, MBA, FACS (@AjvictoryMD) April 19, 2022
Mark Zuckerberg: The virtual economy in the metaverse will be as big as the one in real life #BTC #ETH
— Olivia (@Olivia07710) April 19, 2022
Don't just explain anything to anyone .....a flower does not..... and nature does not .... pic.twitter.com/xtfcsTHu0S
— Prabhakar Bagchand (@PBagchand) April 19, 2022
“Angel investing for everyone" is finally here!
— Gale Wilkinson @Vitalize (@galeforceVC) September 23, 2021
Excited to publicly launch Vitalize Angels, our new community at @VitalizeVC
-Non-accredited + accredited investors
-No deal fee/carry
-Checks as low as $1K
A 🧵on what @carolinecasson_ @justingordon212 and I have been building!
Check out our intro video on Vitalize Angels to hear @justingordon212 and I talk more about creating this amazing community!
— Gale Wilkinson @Vitalize (@galeforceVC) September 23, 2021
We would love to have you join us as we change the face of angel investing & VC!https://t.co/mwey4GreTt
did the math today for an LP -
— Gale Wilkinson @Vitalize (@galeforceVC) April 18, 2022
we get 550 deals / month at top of funnel
we meet with 160
we conduct dd on 5-6
we invest in 1-2
< .5% investment rate
narrowing the field based on strike zone focus is where the magic happens
I read cold emails.
— Gale Wilkinson @Vitalize (@galeforceVC) August 6, 2021
I respond to cold emails.
I have invested from a cold email.
BUT.
I delete most of them.
The message matters. Quick 🧵 with some examples of actual lead-ins from a few in my inbox right now.
spoke to a great group of founders last night, and they were relieved to hear that GPs struggle to fundraise too.
— Gale Wilkinson @Vitalize (@galeforceVC) April 15, 2022
we feel you, founders...it's a tough environment to raise, but please keep going!! 💕
If you take VC $, your startup will blow up.
— Gale Wilkinson @Vitalize (@galeforceVC) April 2, 2021
🚀🎆Blow up BIG - 10x+ return for a VC upon exit.
💣🧨Blow up to ZERO - A write-off.
Often with VC, it's one or the other, no middle. Founders might consider NOT taking VC, as bootstrapping/debt could yield a "goldilocks" outcome!
Who are the best M&A professionals (ie bankers, consultants) that are good to know for $100M+ software startup exits?
— Gale Wilkinson @Vitalize (@galeforceVC) April 13, 2022
If you have a company looking for an exit we can talk over email. My first name at Gmail.
— Paramendra Kumar Bhagat (@paramendra) April 18, 2022
Make sure you’re having fun. Otherwise you might as well be an investment banker
— Hadley (@Hadley) April 18, 2022
I LOVE ELON MUSK. He turned on the lights and now the rats and rodents running Twitter are running for cover.
— therealkiyosaki (@theRealKiyosaki) April 18, 2022
Battle for Donbas has started.
— Nika Melkozerova (@NikaMelkozerova) April 18, 2022
3 weeks till May, 9th. Big battle for Donbas has started. I know nest weeks will be extremely hard. But we’ll keep on fighting, until our victory day!
— Inna Sovsun (@InnaSovsun) April 18, 2022
Invest 1M, harvest 1B, 10 years. https://t.co/ADxzpQtmHl
— Paramendra Kumar Bhagat (@paramendra) April 18, 2022
Please focus your startup on selling and marketing a solution to a painful problem rather than features.
— Andrew Gazdecki (@agazdecki) April 21, 2022
So every time it gets a bit warmer, these spiders show up at my apartment. I am not the greatest fan of them because they have so many legs that it’s impossible to predict their trajectory and I hate not having any control; they also grow quickly and become kind of terrifying 1/ pic.twitter.com/94FpnPuYCX
— Varia Bo 🎪 (@variainayurt) April 20, 2022
Great fireside chat at IESE Business School. pic.twitter.com/4y6GrYDZo6
— CZ 🔶 Binance (@cz_binance) April 20, 2022
They eat mosquitoes and flies, so there are no red spots on the wall. They do not bite.
— Karl Frey 🇪🇺 🕚 (@freykarl66) April 20, 2022
It took us 10 years to invest in our first 1500 startups, then five years for the second 1500, how long do you think our next 1500 will take?
— Saba (@sabakarimm) April 20, 2022
A great entrepreneur can talk about that high-level business model with unit economics & life time value of a customer without needing a big spreadsheet.
— Mehta Sanjay (@mehtasanjay) April 20, 2022
#startups #pitch
"If you can't talk about it, then you don't know your stuff!" ---- Steve Jobs arguing against PowerPoint presentations.
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
Far less talent is interested in entering Web 3 during a "bear" market
— Preethi Kasireddy (@iam_preethi) April 20, 2022
If you want a competitive edge, bear markets are the best time to enter
Less competition, Less distraction, More true believers
Last summer, I accepted an offer to join JPMorgan as an analyst upon graduation.
— regan (@reegannotraygan) April 20, 2022
Today I rejected that offer.
Though I am grateful for the incredible opportunity, my career interests are here in web3/crypto. And I couldn't be happier.
Indian startups are now outsourcing development work to people/firms outside India.
— Akshay Kothari (@akothari) April 21, 2022
It took me days to fully digest this...
Measurements of a vibrant democracy: Netizens having online debates; media examining local gov't actions; & everyday people demanding transparency & accountability.
— Ambassador Randy Berry (@USAmbNepal) April 21, 2022
गतिशील लोकतन्त्रको मापन सरकारका काममा पारदर्शिता/जवाफदेहिता खोजिनु र नयाँ पुस्ता लोकतन्त्रको बहसमा आउनुले पनि हुन्छ pic.twitter.com/R1M8RPtW7H
Nepal is a role model for democracy worldwide. It is noisy enough! :)
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
Coinbase NFT has a social component to it. Just want to acknowledge that we need to make social more decentralized over time - we're stuck in a web 2.5 world still, moving toward web3.
— Brian Armstrong - barmstrong.eth (@brian_armstrong) April 20, 2022
Assets are decentralized, and identity can be decentralized, but follower graphs, comments, and some of the post content are still centralized.
— Brian Armstrong - barmstrong.eth (@brian_armstrong) April 20, 2022
Opportunities abound to move more of this on chain over time.
Are YOU feeling happy right NOW?
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
Rawls: "A just society is a society that if you knew everything about it, you’d be willing to enter it in a random place.”
— Li Jin (@ljin18) April 20, 2022
The web3 counterpart: A just network is one that you'd be willing to enter in a random place, at any time.
Hong Kong is unsafe by that definition.
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
I still can’t believe venture capitalist is a real job.
— Brandon Brooks (@OfficialBBrooks) April 20, 2022
Raising a fund & everything that goes with it is difficult but…
We talk with visionaries everyday
Get to financially back them
Help them when needed
See the future
Best job in the 🌎
Most DAOs grow way too fast
— Chase Chapman 🌊 (@chaserchapman) April 20, 2022
Why?
Because they onboard everyone who wants to contribute
Imagine if a startup hired everyone who wanted to work there
This definitely doesn’t apply to even the most successful chains today, which are more unequal than even the most unequal countries in the world, regardless of the measure of inequality.
— George Zhang (@odysseus0z) April 21, 2022
What do you do these days? Do you want to team up?
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
A DAO To Topple Putin By Christmas https://t.co/ADxzpQtmHl
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
Co-Founder and CTO at 5% (anti-dilution), five-year vesting period as per the 30-30-30-10 formula https://t.co/AP37b5BWHA I will be at 10. Chairperson & CEO.
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
A DAO To Topple Putin By Christmas https://t.co/ADxzpQtmHl
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
One answer, yes or no. https://t.co/n2eufx1ydW
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
And you are? https://t.co/0gPxiBwnyD
— Paramendra Kumar Bhagat (@paramendra) April 21, 2022
