1/I have two professional goals left in this life.. the first is to be the greatest startup investor of all time.
The plan is super confidential... so please don't share it.
Step one is to have the greatest startup podcast in the world: @TWiStartups (it already is IMO)
The plan is super confidential... so please don't share it.
Step one is to have the greatest startup podcast in the world: @TWiStartups (it already is IMO)
2/Step two is to have the greatest accelerator in the world, @launch accelerator, & have seven companies per class and do 12-18 classes a year.
We are right up there with @techstars & @ycombinator -- but not clearly #1 yet (lots of work left to do).
We are right up there with @techstars & @ycombinator -- but not clearly #1 yet (lots of work left to do).
3/Step three is to have @launch Funds to power the accelerator and do direct investments quickly.
I hate raising funds, but I'm getting better at it. Candidly, I don't like the dog and pony show... it's my weakest link in this chain.
I hate raising funds, but I'm getting better at it. Candidly, I don't like the dog and pony show... it's my weakest link in this chain.
4/Next we need to be the most successful and largest syndicate in the world (which we already are) at thesyndicate.com.com.
We need to do 100-200 deals per year for $500k to $1m each on average.
We did six deals last month for ~$500k each... we are on our way.
We need to do 100-200 deals per year for $500k to $1m each on average.
We did six deals last month for ~$500k each... we are on our way.
5/If you put this together it means we will have 100-150 startups do our accelerator a year, & 75-200 deals via our syndicated a year at scale.
This means we will do ~200 deals a year and over the next decade, I will go from ~250 investments to ~2,250 investments.
This means we will do ~200 deals a year and over the next decade, I will go from ~250 investments to ~2,250 investments.
6/I hit six unicorns in our first 150-200 deals--clearly, I was very lucky.
If that drops from one unicorn every 25-35 investments to one in 100, I will end my career in 2030 with ~26 unicorn investments.
No one has ever done that.
If that drops from one unicorn every 25-35 investments to one in 100, I will end my career in 2030 with ~26 unicorn investments.
No one has ever done that.
7/If I do this it will generate enough cash to buy the @nyknicks when I'm 59 & give me ~20 years to hit my final goal: bring a championship to New York
Those are my 2 professional goals left:
- be the greatest startup investors of all time
- bring a championship to the knicks
Those are my 2 professional goals left:
- be the greatest startup investors of all time
- bring a championship to the knicks
8/How you can help? start a company, let me invest!
9/When I'm dead I'm going to put the Knicks & my cash in a trust in which all the profits go toward teaching entrepreneurship to poor kids in Brooklyn--and beyond.
That's it... that's my plan.
How could I make it better?
That's it... that's my plan.
How could I make it better?
