Writing newsletters @HustleFundVC. Addicted to planning events and cookies.
Sep 8, 2023 • 7 tweets • 2 min read
Hustle Fund gets ~1k applications from founders per month. Of those, we invest into about 7.
So how do we decide which companies to back? We use a 5-pillar evaluation process.
Here's how we used that process to decide to invest in a pharma-tech co called @FamasiAfrica
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1 - Our evaluation process looks at 5 things:
team
problem
solution
market
traction
But first - what is @FamasiAfrica? it's a platform that helps pharmacies maintain and grow their businesses to create a better pharmacy experience for consumers.
Now let's look at the team.
Mar 8, 2023 • 21 tweets • 11 min read
@HustleFundVC has a 5-pillar process for evaluating early-stage startups.
It all sounds good in theory, but here's an actual analysis of how we put this process into practice.
Their solution: a network of smart fridges (think vending machines) that offer fresh, healthy food products
Dec 8, 2022 • 12 tweets • 3 min read
1/ Most VCs don't invest in media companies for 2 reasons: 1) revenue model and 2) exit potential
That said, there are things media company founders can do to mitigate those concerns.
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2/ Problem #1: advertising model
Most media co's monetize through ad revenue.
The problem is that this a never-ending treadmill of ad sales.
Advertisers don't want to hit the same audience again and again, so their spend with any one media company is limited.
Dec 5, 2022 • 13 tweets • 5 min read
1/ When I ask seasoned investors the best way to get good at investing, they all say the same thing: start a syndicate.
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2/ The cool thing about syndicates is that you get the same terms as the lead. But there's no pressure to invest unless you want to. For angels, being in a syndicate is a great way to get dealflow. But being in a syndicate and starting a syndicate are totally different things.
