Kevin Kwok Profile picture
Jul 31, 2020 5 tweets 1 min read Read on X
I was skeptical on signal risk being big issue. Its impact on potential new vcs is still overweighted imo

But recent convos with founder friends has flipped my view

The real issue is how it changes openness on fundraising strategy between founders & *current* investor
Because now they are player in the next round too. So founders become a lot more sensitive about what to share and being able to talk it through with them

Not only bc have to still be marketing to them (which I personally think people underweight degree you always must do that)
but also because now conversations with them affect the dynamics of upcoming round, like double slit experiment

I don't view that as insurmountable. And all of private markets is the essence of conflict of interest (which has huge positives too)
but I think we focus on wrong side when we worry about new investors perception of company--instead of what it's doing to founder-board member dynamics

of course, many founders already don't use board in that advisory way (which is whole different conversation) but this side
does feel like issue to be addressed

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Kevin Kwok

Kevin Kwok Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @kevinakwok

Mar 29, 2022
Suddenly see sumo oranges everywhere. so went down the rabbit hole on them.

New variant started in 2011. But with 4 years to get to production

Unsurprisingly they are indeed the orange industry's honey crisp. Who says innovation is dead haha Image
Only one company in US makes them. In asia at least very similar variants are way more common i think

look at this launch calendar haha Image
or in donut chart form Image
Read 4 tweets
Mar 29, 2022
My conspiracy theory is that oil isn’t dinosaurs. It’s the carbon capture technology of the dinosaurs

This is the only thing I want to believe. And makes all carbon capture tech innovation infinitely more funny to me.
Dinosaur time traveler: how do you like our gift to your generatio…sorry you thought that was *made* from my dead body. And you shoved it into your car?!?!
Lowercarbon LP letter: every day we strive to walk a little closer to the glory of the Mesozoic era
Read 5 tweets
Mar 12, 2022
Sword of Damocles:
The real sword of Damocles is this poll. And if you answer wrong gonna block you
Starting to think humanity was a mistake
Read 4 tweets
Jan 22, 2022
Here's chart I made for myself that I think about. Basically the only time period of US history where we've gone this long without a president winning with 75%+ of electoral college was post-civil war period

Lots of ways to interpret this.
One would be to think about what are plausible paths of someone getting those numbers in today's age. If we expect reversion to mean, than it's very interesting to understand what paths someone will cut through it.

Another interpretation of course would be to be bearish. A third
is to think party system has gotten more "efficient" at being roughly evenly split.

You might be wondering what is that datapoint of someone winning with less than 50%. Is that even possible?!?!
Read 4 tweets
Jan 3, 2022
We're at odd ground right now where there's not really any medium for mid/long form discussion on blog posts anymore

Blog post replies not really a thing. Twitter used to be but less a place for discussion. Private email and group chat sort of the place, but issues with both
Email or spinning up something like a discourse seems like the temporary solution I'm increasingly tempted by

Latter is tempting after seeing some successes in it on protocol forums for long form. But has whole list of other reasons high activation energy
but it is very odd that there are essays I read where literally do not know where one discusses them

Most I read wouldn't be hacker news fodder anyways. But fwiw I think hacker news is not this either.
Read 4 tweets
Sep 28, 2021
As always remarkably impressed by vitalik's writing. Do think he's writing at a level that few are matching in discourse with him, which is shame.

Personally, I think two additions that it's not clear market has consensus on are
1. is financialization a core attribute or a tempo
rary distribution method for crypto

2. is the reliance on exit as the safeguard a temporary or long term solution. Which implies views on the long term stability of individual crypto projects vs constant churn due to the incentives towards defection we've seen market give today
subpoint buried within the 2nd point is that I think there's probably a better understanding of some kind of meta-project players where you should see exit into new tokens not as churn but as capture of a more informed / capitalized elite in crypto. And I suspect the data would
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(