Founder: Have you ever started a company?

VC: No that's too risky for me and I'm afraid of failure, so instead I invest other people's money where I'm correct around 1-2% of the time

Founder: Makes sense
VC: I’m also writing a book on how to create a startup by the way, please check it out

Founder: Wait, aren’t you focusing on your current startup investments?

VC: No I’m mainly focused on building my personal brand these days
Founder: So what will I learn in this book?

VC: Most of the stuff my other VC friends gossip about where we're right 1-2% of the time and my stint at a unicorn where I was employee #2463

Founder: That's awesome, congrats, so how do you make money?

VC: Carry, lots of carry
Founder: That's great, why not start your own firm?

VC: That's way too risky, being a VC is all about telling entrepreneurs to take risks but that's just not for me

Founder: 😑

VC: Ah sorry have to run, getting a lot of notifications on Twitter that I need to attend to

• • •

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More from @agazdecki

11 Oct
The most rewarding part of @microacquire for me has been the additional exit optionality we've created for startups. Getting acquired is a complex process and we've made this easier for 100s of founders all across the globe. I think that's pretty bad ass.
One of my favorite stories, 22 years old located in India got @microacquire'd for $250k, which may seem small but is life changing for 99% of people. Also heard of people buying homes, weddings, paying off debt, real life stuff, this is what motivates me.
The stories like this are endless.

$7m+ is life changing. Image
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9 Oct
Data is the new gold.

Here’s how one entrepreneur turned that gold into $1.5 million in annual recurring revenue: Image
The company with the best insights about its customers wins over the competition.

However, many businesses still struggle to wrangle all their raw data into something that’s usable.
Holistics (@holistics_bi) empowers everyone to answer their own data questions without the need to rely on the data team.

The platform lets technical teams define & curate a set of business metrics so non-technical teams can build their own reports & charts without writing SQL.
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5 Oct
How did this college dropout turn $150 into a $2.5 million media business in just 3 years?

Here’s the story:
When you hear the word “cryptocurrency”, what springs to mind? Bitcoin? Volatility? Fad?

Whatever your preconceptions, you can’t deny its impact on the world economy.
From helping Venezuelans escape hyperinflation to making overnight millionaires, cryptocurrency has created wealth and opportunity – with a generous dash of controversy – for millions around the globe.
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3 Oct
All you really need to launch a startup is a landing page with a lead capture form. Build the rest later after validating your idea.
This tweet might be helpful if you're wondering how to drive leads a landing page.
This tweet might be helpful if you're wondering how to validate your startup idea with a landing page.
Read 4 tweets
30 Sep
The @microacquire September update!

Quick highlights...

- 30 acquisitions successfully closed
- $17,288,975 in closed acquisition volume
- Average acquisition size $576,299
- $953,000 in ARR
- Deal sizes increasing by 64% YTD
- 12,000 new users registered

Full update below 👇 Image
September Highlights

1/ Image
We're building the Zillow the M&A

2/ Image
Read 18 tweets
3 Sep
2 guys created a $600,000 ARR SaaS company without ever meeting in person.

Here’s how it happened:
When @mynameis_davis met Vishal Kumar on Indie Hackers, he didn’t expect to co-found an award-winning social media scheduler and make a friend for life.

But that’s exactly what happened...
Davis and Vishal were a 17-hour flight away - but that didn’t matter.

Davis, a finance grad, used his marketing skills while Vishal, an engineer, built the MVP.
Read 19 tweets

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