1/ I just spent the past 12 hours giving founders feedback on pitch decks.

It's frustrating to see the same mistakes over and over.

Here are the 5 most common mistakes 👇 2/ Mistake 1: Too much text, too many complicated diagrams, too many slides.

The average investor spends 3 minutes and 20 seconds on a seed pitch deck.

You get a few bullets max per slide. It needs to be dead simple.

1/ Founders, please share investor updates.

Investor updates are a superpower.

Here's why 👇 2/ THEY HELP YOU RAISE MORE MONEY

Inevitably you'll need to raise again. You'll need to ask your current investors for intros and references. Investors can't help if they have no idea what you're up to.

1/ One of the NFTs projects I’m most fascinated by is Damien Hirst's, The Currency. The Currency is a collection of 10,000 NFTs which correspond to 10,000 unique physical artworks stored in a vault. Tomorrow is a big day for the project. 2/ Starting tomorrow, collectors have until July 2022, to decide whether they want to exchange their NFT for the physical artwork. If they chose to keep their NFT, the corresponding physical artwork will be burned in an exhibition.

1/ 3 projects I’ve invested in all had big announcements this week: @usebraintrust @SyndicateDAO @xmtp_. They touch on 3 of the most important shifts of our time:
- user-owned networks
- the democratization of finance
- and online identity 2/ Each is a case study. First up, @usebraintrust. Braintrust is a freelancer-owned talent marketplace. They match freelancers with Fortune 1000 companies. Each freelancer owns $BTRST tokens. As the marketplace succeeds the talent shares in the upside.

1/ When I started researching DAOs ppl said, "they're just Discords and shared wallets." I wanted to know more. What were the mechanics? How do you join a DAO? What's the tech stack? @jackgecawich kindly invited me to @prtyDAO. Here's how joining @prtyDAO works 👇 2/ PartyDAO initially minted a fixed # tokens, $PARTY. You need 10 $PARTY tokens to access the member-only Discord channels. In the member channels people vote on investment decisions, like bidding on NFTS, and team decisions, like hiring.

1/ Want to improve your work relationships? We got you! In this week's Awesome People newsletter, we cover how to leverage Love Languages at work ❤️. Highlights 👇

H/t @uvajfrank 2/ There are 5 main love languages:
- words of affirmation
- quality time
- acts of service
- gifts
- physical touch (we'll skip this for obvi work reasons).
If you don't know your love language, take this quiz. It's valuable for work & life. 5lovelanguages.com/quizzes/

I love a good product experiment! @Zecca_Lehn suggested that we create the 1st ever async podcast. It was like having an audio pen pal for 10 days. We covered the definition of awesome, world-positive investing, different types of capital... Teaser thread👇breaker.audio/posi2ive/e/662… 1/ The founders I invest in are intrinsically motivated to make the world a better place. They're fanatically obsessed with their problem space. They're also all honest, genuine, authentic, and awesome humans.

We surveyed 370+ people who have been laid off from startups. Key takeaways and graphs from the Awesome People List👇 Early-stage companies are buttoning up and moved quickly to lower burn. As the second-order impacts of COVID set in, I suspect we'll see more layoffs at later stage cos as they figure out their strategy, e.g. Nextdoor did layoffs today.