1/ incredibly powerful and thank you for sharing it. When I was in SF at @500STARTUPS and funding was dwindling fast I was beating myself up about not being a "better entrepreneur." An exec coach that was helping our cohort sat me down and said something I'll never forget.
https://twitter.com/joshuaackerman/status/1534197304596434949
2/ "The majority of founders here have family money. They don't need to worry about paying their rent or paying themselves. You're in a very different set of circumstances." Not something I realized in that moment and something I reflect back on a lot now
3/ Who you know impacts how much you raise. How much of runway you have, who bails you out when you're running out of cash, all of this ties to either the ability to access those with wealth or have some yourself. There are exceptions to be sure but ...
4/ For those out there struggling. I see you and hear you and have been in your shoes. Sometimes being a founder needs to come later in the game or not at all. Or you do it differently, by working until you're ready to make the leap.
5/ To build multiple times and throw a lot of darts requires the ability to take capital risks. And that is often tied to privilege.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
