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One of the learning curves as founders start to work with @ycombinator is understanding the ins and outs of SAFEs.
First, you should understand the difference in a convertible note and a SAFE. bit.ly/2Hc8kcz
Then it’s important to learn the difference in pre- and post-money SAFEs. As well as when and why to use one verse the other. bit.ly/2Hb9mp4
Lastly, it's critical to understand the venture math behind pre- and post-money SAFE valuations to ensure it’s right for your stage of growth. @jaredverzello goes through this math at minute 12:50. bit.ly/31J6W8R
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Justin Kan
@justinkan
The first thing founders should do when they think they're ready to fundraise is lock down the narrative of their startup.
I specifically start with the narrative and not a pitch deck because investors invest in (and employees join, and journalists write about) compelling stories.
The best tip I ever got on narratives was from @spakhm that every major story in human history follows this same arc:
- The world is a certain way
- Something changes
- The world is now different

May seem obvious but that’s what makes it effective - and memorable.
Read 6 tweets
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Justin Kan
@justinkan
Feels good to get back to doing some exercise post-surgery (even if only on this stationary bike). Let’s get it! #fitnessisthefirststeptogreatness
Worst part of this whole injury is that I had just got a few seconds of handstand after *months* of training

Gonna have to build back to it
this is the before video btw, taken a few weeks ago.... ill post the "after" video in a couple years :)
Read 3 tweets
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Justin Kan
@justinkan
Happy Veterans Day to my father, Kingsley Kan, who served in the US Army in Vietnam. He was stationed in Dau Tiang in ‘68 where they were under bombardment over 280 days in a single year.
When I was growing up and I told kids that my dad fought in Vietnam, I’d get asked “what side?”

My family’s from America, bitch. My dad has a Bronze Star for his service and Purple Heart for the mortar shrapnel he took to the head.
My grandmother (born in Ellensburg, WA) worked as an air raid spotter in the Pacific Northwest during WW II. My uncles served in the Navy and the Air Force. My cousin served as a career Naval officer and sub commander.
Read 4 tweets

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Sapeer Mayron
@sapeermayronnz
It's been a month since @wilson_soli exposed that Samoa had been treating 16 people in an isolation unit with suspected measles in early October. But the @samoa_observer had been following the growing measles crisis long before that, as far back as March. #Thread #MeaslesInSamoa
In March, anti-vaxxer Taylor Winterstein wanted to charge Samoans hundreds of tala to attend a "workshop" on "choice." Dr Helen Petousis-Harris told us her advice is a public health threat. Already, NZ was facing more than 50 cases of the disease. bit.ly/33wGHE6
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Zach Everson
@Z_Everson
Having a hard time coming up with a headline for today's @1100Penn other than "Holy shit, last night."

Subscribe now and see peak synergy between the Trump Organization, administration, and campaign in your inbox shortly.

bit.ly/2PqJjLS
@1100Penn TIL: Trump Cafe in Trump Tower NYC's menu today includes Mr. Trump’s Mother’s Meatloaf

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Last night we witnessed peak synergy between the Trump Organization, administration, and campaign when @realDonaldTrump visited his D.C. hotel to separately address donors to a joint fundraising committee and White House staffers.

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Zach Everson
@Z_Everson
@realDonaldTrump @1100Penn President Trump’s D.C. hotel had so many customers at a networking event for lobbyists last night, that when the hotel's boss went to boast about his “#success” on Twitter, panorama mode was required to show all the patrons.

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@realDonaldTrump @1100Penn Russian-funded RT America personalities celebrated “great things” at the Trump Hotel DC. It’s unclear if they were referring to the ease w/which staffers for foreign gov't-funded media can get cash to the U.S. president or something else.

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Zach Everson
@Z_Everson
Just last night, @realDonaldTrump shared a Trump Org tweet promoting—

Ferry Point.

Via @1100Penn bit.ly/2EbZMke
@realDonaldTrump @1100Penn If Eric Trump is no longer involved in his charity, why does this golfer—who just played in a benefit for it—call it "the Eric Trump Foundation"? [H/T @npenzenstadler]

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@realDonaldTrump @1100Penn @npenzenstadler Last night a gala was held to celebrate students who committed to enlist in the U.S. military after graduation. It was held at—

Trump National D.C.

Major General Scott Dingle addressed the recruits.

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Christophe Barraud🛢
@C_Barraud
🇨🇦 🇺🇸 🇨🇳 🇮🇷 #Canada arrests #Huawei’s global chief financial officer in Vancouver – The Globe and Mail
theglobeandmail.com/canada/article…
A gauge of #technology shares on the MSCI #Asia Pacific Index slid as much as 3 percent before paring some losses - Bloomberg
🇺🇸 #SPX ⬇ as much as 1.9% from Tuesday’s close, before paring some losses. Selling pressure early in the session was so intense that it forced CME Group to intermittently pause trading, according to a spokesperson for the exchange - Bloomberg
*Link: bloom.bg/2BTw5DN
Read 736 tweets
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Brianna Bibel
@biochem_bri
After a jam-packed 2 days at #SciOut18🌪(thx @ASBMB & @rockedu_!) it was time to reflect! 🤔 Reflection is so important, but it can be hard to find ⏰ to really just think! 💭 Some of my thoughts 👉 instagram.com/p/BokNO_NhihF/
#365DaysOfScience #biochemistry #scicomm #sciout #science person looking thoughtful in front of mirrornotebook pagenotebook pagenotebook page
What’s inside? 🧐 It’s FORMAMIDE! 🤗 Formally removing RNA’s form with formamide! 🤓 FORMAMIDE in loading buffer breaks up & replaces the bonds between bases holding RNA's shape together 👇
instagram.com/p/BomwR32B4MX/
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Bring on the heat! 🔥 To help denaturants get to the huddling hydrophobic bases, we add heat ♨️ 👉 gives molecules more energy so they can “pull apart” more easily ⏩ easier access 👍 More 👇
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#365DaysOfScience #biochemistry #scicomm #lifeinthelab #science person putting tube in heating block
Read 308 tweets

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