Formerly VentureCapGuy. Just a guy in the arena trying stuff. Investing $100M per year in cloud software. Follow me for tweets about Venture Capital.
Jan 20 • 18 tweets • 4 min read
1/ Why in God's name would you expect your investment can exit for >$200M?
A thread:
2/ The recurring joke about VCs is that they're bad investors. VCs invest at high valuations, follow trends like 13 year old girls on TikTok, and frequently don't do enough due diligence.
But is this actually true?
Jan 7 • 13 tweets • 2 min read
One of the best investments in Silicon Valley history was a total BUST.
a 🧵👇
1/ in 2010, a16z led Instagram’s seed round. a16z would invest $250K at a $2.6M post money valuation, buying ~10% of the company.
