Pitching Paul

7 📚books every startup founder should read:

1. A book
2. Any book
3. Literally any book
4. Ideally a non-business book
5. Like fiction, or poetry
6. But I’ll take anything
7. Except Jordan Peterson or Ayn Rand

What others would you add?

— Paul Griffiths .eth (@paul_griffiths) May 14, 2022

I agree. Reading has to be part of your routine, like yoga, or working out, or meditation, or eating, sleeping.

— Paramendra Kumar Bhagat (@paramendra) May 14, 2022

I do two do those things yes

— Paul Griffiths .eth (@paul_griffiths) May 14, 2022

The easiest and the greatest ROI would be for most people to just sleep more! LOL

— Paramendra Kumar Bhagat (@paramendra) May 14, 2022

I figured you’d see the joke right after lol - but I workout and meditate every day as well

— Paul Griffiths .eth (@paul_griffiths) May 14, 2022

I don't remember where I read this, but someone was saying reading more books made them a better father, and more hungry for life in general.

— Paramendra Kumar Bhagat (@paramendra) May 14, 2022

on that note, how would you like to invest? you list yourself an angel ---- all I ask is you give me 5 reasons why you will NOT --- over a voice chat

— Paramendra Kumar Bhagat (@paramendra) May 14, 2022

Details in my Twitter bio.

— Paramendra Kumar Bhagat (@paramendra) May 14, 2022

I have a site with all of this
Twitter is my country club

— Paul Griffiths .eth (@paul_griffiths) May 14, 2022

done and done ---- form filled out ----- and now snack! ;)

— Paramendra Kumar Bhagat (@paramendra) May 14, 2022

Web 2 me vs Web 3 me pic.twitter.com/sjcrot9KXp

— Paul Griffiths .eth (@paul_griffiths) February 3, 2022

https://t.co/DSofrk0mK7

— Paramendra Kumar Bhagat (@paramendra) May 15, 2022

Son #1 just got his college move-in date, brb 🥹😭🌊

— Paul Griffiths .eth (@paul_griffiths) May 14, 2022

Is he moving close or far?

— Paramendra Kumar Bhagat (@paramendra) May 15, 2022

Fridays I cook in a professional kitchen. Forgot photos from class but here is what I made for dinner: pork w/ caramelized onions, simple pasta, fried cabbage, farro salad. pic.twitter.com/tfa5mKyfXr

— Paul Griffiths .eth (@paul_griffiths) May 13, 2022

I have a passion for cooking though can't say matching skills. But always willing to learn. And I bring much enthusiasm to the table. Table? :)

— Paramendra Kumar Bhagat (@paramendra) May 15, 2022

How to woo an LP
or, advice on what to say / not say in fundraising

a 🧵for GPs & Founders

— Paul Griffiths .eth (@paul_griffiths) May 11, 2022

Startup idea: fix the stock market

— Paul Griffiths .eth (@paul_griffiths) May 9, 2022

Celebrating 20 years of marriage today! 🎉🍾

— Paul Griffiths .eth (@paul_griffiths) May 4, 2022

Me: you're sure this spec is right

Client: 100%

Me: nothing you want to change

Client: Nope

The final product... https://t.co/WiyAeEyU7D

— Paul Griffiths .eth (@paul_griffiths) April 24, 2022

A former employee came over for career advice & now she & my wife are watching Brene Brown & drinking wine while I cook everyone dinner, AMA

— Paul Griffiths .eth (@paul_griffiths) April 22, 2022

LOL

— Paramendra Kumar Bhagat (@paramendra) May 15, 2022

The Coinbase Turmoil

Thanks #Bitcoin for supper 😭😭 pic.twitter.com/fjI8g4hc9l

— Mad Lipz (@IsManue_) May 9, 2022

Remember this? https://t.co/PvkdNlzNjQ

— Digital Asset Investor (@digitalassetbuy) May 13, 2022

Coinbase is more a less a fentanyl dealer. https://t.co/wD0XlyqcTb

— Mr.Hodl 🌕🍿 (@MrHodl) May 13, 2022

This is the boss of @coinbase.
Mr Armstrong, please do not invoke *my* concept of Anti-fragile when you are maximally fragile, while exposing yourself to a yuuge left tail risk.
I am fed up with pple mis-citing my work. https://t.co/3d9kEaqbEp

— Nassim Nicholas Taleb (@nntaleb) May 12, 2022

In down markets we see opportunity and tend to pull ahead. Anti-fragile.https://t.co/cSb7D3KrHS

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 12, 2022

Top of Mind: Staying Focused During Market Downturns In times like these we need to step back, and zoom out. Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet. .......... I don’t know how long this down-cycle will last, or if we are at the bottom. I just know that we will make it through to the other side, and we come out stronger than ever if we focus on what matters: building. ............ We are not our stock price, or the price of bitcoin. Maintaining our focus on the long-term mission, regardless of what the world is doing around us, is the only way we’ll succeed with ambitions as large as ours. ........ There is a real art to tuning out all the noise in the world, and focusing on the rare bit of signal which helps you develop your own convictions. ..... The down markets bring a focus on innovation, and the short term thinkers tend to get distracted and leave the ecosystem. In up markets we get to focus on scaling, and a massive wave of adoption introduces crypto to more people for the first time. Every time a new hype/despair cycle emerges, my main takeaway is to be thankful that we persisted through the last one with our long term thinking. ........ If you can’t ignore the hype while things are trending up, then you can’t ignore the despair when things are trending down. Stay strong, keep a long term perspective, and let’s keep building.

1/ There is some noise about a disclosure we made in our 10Q today about how we hold crypto assets. Tl;dr: Your funds are safe at Coinbase, just as they’ve always been.

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

2/ We have no risk of bankruptcy, however we included a new risk factor based on an SEC requirement called SAB 121, which is a newly required disclosure for public companies that hold crypto assets for third parties. https://t.co/lwmgb1kFtA

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

3/ We believe our Prime and Custody customers have strong legal protections in their terms of service that protects their assets, even in a black swan event like this.

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

4/ For our retail customers, we’re taking further steps to update our user terms such that we offer the same protections to those customers in a black swan event. We should have had these in place previously, so let me apologize for that.

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

5/ This disclosure makes sense in that these legal protections have not been tested in court for crypto assets specifically, and it is possible, however unlikely, that a court would decide to consider customer assets as part of the company in bankruptcy proceedings...

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

...even if it harmed consumers.

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

6/ We should have updated our retail terms sooner, and we didn't communicate proactively when this risk disclosure was added. My deepest apologies, and a good learning moment for us as we make future changes.

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

7/ Finally, we of course offer a self-custodial wallet solution (Coinbase Wallet) for those who prefer to store their own crypto. Our goal is to make the best custodial and self-custodial solutions in crypto - each carry their own risks and benefits, and it's important...

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

8/ ...that customers can choose the best solution for their needs. We'll continue working to improve customer protections in all our products across both categories.

— Brian Armstrong - barmstrong.eth (@brian_armstrong) May 11, 2022

Crypto’s emergence as a geopolitical force

Let others panic.

Keep building.

Keep shipping.

— Brendan Rogers (@Brendanprogers) May 12, 2022

Biden’s mistake is that he thinks he was elected to transform the country, but actually everyone just wanted less drama

— Elon Musk (@elonmusk) May 12, 2022

Events take over.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

I'm curious... have you gotten a job, hired someone, or found an investor through Twitter?

(And if so, how?)

— Justin Gordon (@justingordon212) May 12, 2022

Can you please introduce me to some of your investors? Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

Yup! Almost all @_EnrichedHQ Angels came via Twitter. You could say that this bird app IS our👼

How? Just engaging. Sticking our nose into someone else's tweets. Building relationships. That's it.

— Carleen Haylett (@carleenhaylett) May 12, 2022

This place is so powerful l, it’s much better then LinkedIn IMO for connecting and creating good relationships.

— Kori Handy (@Korihandy) May 12, 2022

Will you introduce me? Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

Twitter hasn't helped me find a job, but it helped me find my husband. I replied to a tweet @adamostrow sent from BlogWorld in 2010, and now we have two crazy toddlers. Be careful what you tweet. 😜

— Kendall Ostrow (@KendallOstrow) May 13, 2022

This tweet is the top response. :)

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

Please introduce me to some of those angels. Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

wow, that's awesome!

I'm at @VitalizeVC because of Twitter and so grateful 😊

— Justin Gordon (@justingordon212) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 13, 2022

May 12: News

BITCOIN CRASHING. Great news. As stated in previous Tweets I am waiting for Bitcoin to crash to 20k. Will then wait for test of bottom which might be $17k. Once I know bottom is in I back up the truck. Crashes are best times to get rich. Take care.

— therealkiyosaki (@theRealKiyosaki) May 12, 2022

You finally caught up with me.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Main fans gaya!

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

I did say PLEASE take a listen! Before I read this tweet. :)

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Following you now. #BeExplicit

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Jared Kushner's VC pitch deck is 100% mid & as afwul as you'd expect, a 🧵critique from an LP of Affinity Partners PPT

— Paul Griffiths .eth (@paul_griffiths) April 19, 2022

Read: I am Trumpie's s-in-l and he might RETURN! #areyouscarednow

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

You had me at hello. I followed just by looking. :)

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

When we ban books in schools before we ban guns, we admit we are more afraid of our children learning than we are of them dying. pic.twitter.com/sXASHkZk50

— Baratunde (@baratunde) January 29, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch. If you have not yet started angel investing, start now BAR.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

21h21

— jack⚡️ (@jack) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Free Speech And Just Society https://t.co/ZvZbZUABUW

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Aap to tweet pe tweet kiye ra rahe ho! :)

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Anyone building in the endometriosis/women’s hormones space? i’m sick&tired yall

— em herrera is in ny 🌃 (@emilyhxrrera) May 12, 2022

Running a pre-seed startup is so strange right now.

My team and I are happily chugging along, building really cool shit, and have plenty of interest in our seed round.

Then I come on Twitter and everyone is losing their mind lmao.

— Arjay Ruggles (🦊,💭) (@LifeWithArjay) May 12, 2022

Sahi baat.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

those buying bitcoin at these prices are legends

— Aubrey Strobel (@aubreystrobel) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

When I joined @coinbase in 2015, Bitcoin was $230

Most of my friends and network thought I was strange for joining a Bitcoin wallet company

Crypto was definitely NOT sexy at the time

— Preethi Kasireddy (@iam_preethi) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussianWar

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

What are all the VCs that pivoted to Web3 going to pivot to this week?

— Jay Kapoor (@JayKapoorNYC) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

I like my men how I like my Bitcoin.

Over 30.

— Ellie Frost ❄️ (@EllieFrost) May 12, 2022

Well. You were looking at my deck. Email to karo! :)

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

https://t.co/flVtACQXTM @PeterDiamandis

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Will you bet on a horse or on a jockey. my bet is Jockey always. Same way i bet on founder more than the idea.#StartupSpace #startup #founders

— manish kumar (@manishk04730288) May 12, 2022

The Bay Area gets energized by downturns. Always has.

That's because the culture is rooted in innovation. And there is no better time to build.

East coast finance on the other hand has a hard time seeing past the markets.

Right now is a great time to be in tech!

— martin_casado (@martin_casado) May 11, 2022

Good god man!!!! $luna went from 80 dollars to 3 cents in 3 days!!! 🤮

— Lark Davis (@TheCryptoLark) May 12, 2022

I spent 3 years mainstreaming universal basic income. Now I’m going to spend at least that long mainstreaming open primaries, ranked choice voting and independent politics as the keys to breaking us out of a polarized duopoly and giving people a real choice and chance.

— Andrew Yang🧢⬆️🇺🇸 (@AndrewYang) May 12, 2022

They said, Buy the dip! Now?! pic.twitter.com/yrH4T6bqOG

— Dhruv Dhanraj Bahl (@dhruvdbahl) May 12, 2022

Now hold on to it.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

I rarely look at prices.

I find it hard to imagine a world without crypto. It’s inevitable.

Find your conviction and you can bear any cycle.

— Anish Agnihotri (@_anishagnihotri) May 12, 2022

BTC support at $20-22k is basically global for those of us who have been here a while. Previous cycle high, 200 week moving average, etc.

Bend, but won't break (and if it does maximum pain).

— Ryan Selkis 📖 🖊🔑 (@twobitidiot) May 12, 2022

Who knew there were so many versions of the United States?😏🗽🌎

— Parent Influence (@parentinfluenc1) February 24, 2022

#Bitcoin is the best hedge against #Inflation.

Since $MSTR announced its first BTC purchase August 11, 2020, bitcoin has appreciated 149%, outperforming Silver (-17%), Gold (-9%) Nasdaq (5%), S&P (18%), CPI (11.2%), M2 (19%), US Homes (28%), & PPI (33%).

— Michael Saylor⚡️ (@saylor) May 12, 2022

Preethi Kasireddy: The Coinbase Story

When I joined @coinbase in 2015, Bitcoin was $230

Most of my friends and network thought I was strange for joining a Bitcoin wallet company

Crypto was definitely NOT sexy at the time

— Preethi Kasireddy (@iam_preethi) May 12, 2022

But when I interviewed with Coinbase and met with Brian, Fred and the early founding team, I had a feeling I would learn a lot from them

They were quirky, sure, but they also had this intense belief in Cryptocurrency changing the world despite 99.999% of people hating on it

— Preethi Kasireddy (@iam_preethi) May 12, 2022

It made working there very special because everyone was mission-oriented, EVEN when the market was in a lull and other people didn't believe in what they were building

— Preethi Kasireddy (@iam_preethi) May 12, 2022

Since then, the market has take several ups and downs.

Most of us who have been in the space for a while can zoom out and see it for what it is -- a phase

But that requires having thick skin and patience

— Preethi Kasireddy (@iam_preethi) May 12, 2022

Many people who come into the space during good times have weak hands, thin skin, and zero patience

But there are others who came in that are in it for the long-haul

— Preethi Kasireddy (@iam_preethi) May 12, 2022

Now is the time when we get to see who is who

— Preethi Kasireddy (@iam_preethi) May 12, 2022

Russia's Democracy Movement will be tokenized. https://t.co/YaBK8rHUwV #russia #ukraine #UkraineRussiaWar #Russian #PutinWarCriminal #Navalny #alexeinavalny #UkraineRussia Please take a listen. This is my pitch.

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

https://t.co/WkF0HMXqKI

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

If you want to better understand layer 2 scaling solutions (especially rollups) on Ethereum, read this blog posthttps://t.co/OvxWg6Ts0A pic.twitter.com/5osupO9o4H

— Preethi Kasireddy (@iam_preethi) February 19, 2022

Meat on bone is 10x better than meat not on the bone

And a lot more nutritious too

Eat more meat on the bone!

— Preethi Kasireddy (@iam_preethi) May 10, 2022

Some kind of a metaphor? #scratchhead

— Paramendra Kumar Bhagat (@paramendra) May 12, 2022

Balen Balen Balen

It’s only a loss if you sell. Spartans HODL!

— Tyler Winklevoss (@tyler) May 11, 2022

The markets always get it right in the long run. Be patient and HODL.

— Cameron Winklevoss (@cameron) May 11, 2022

I would be excellent at spotting promising startups and giving culture to "established" ones. What do you have?

— Paramendra Kumar Bhagat (@paramendra) May 11, 2022