This 9 min video is the most brutally honest portrayal of the world of venture capital investing! Q: "40% of all venture funding raised finally goes to Google, Facebook & Amazon" via @TWistartups #VentureCapital #technology #startups #valuations #markup

Happy to officially announce — I'm writing a book! From the early days of In-Q-Tel and Palantir to the founding of DIU, Anduril and Shield AI up through this current boom in 🇺🇸/acc energy, I present:

I'm shocked...JUST SHOCKED...that echo chambers fail.

But still no movement on indexing QSBS Sec. 1244 to inflation. This would impact FAR more startup and investors than tweaking Sec. 1202.

You need to know WHAT the data is telling you, regardless of how it was collected/availed. This has been well settled in the public investing markets. More data doesn't improve outcomes. The right data, in the right hands, does. That last part will always be the most important

Great quote.

Please raise taxes on the rich in NYC Zohran Kwame Mamdani... we need more founders and investors in Austin!

More great work by Dan Gray.

Everyone is now writing about QSBS Sec. 1202, which was made even MORE generous for those few investors that won the 'venture lottery'. However, only approx. 3 - 5% of investors in startups will actually benefit. Yet the original QSBS law - Sec. 1244 - impacts more startups'

We chose to be better....or not. There is a way to get our innovation leadership back. But it requires applying some innovation to how we fund innovation. See joe-26467.medium.com/how-govt-s-can…

venture capital went from weirdos at the fringes of society investing in semiconductors to harvard educated spreadsheet jockeys doing occult excel macros to value brick and mortar private equity rollups at software multiples because the deck said "ai" 25 times.

If we want freedom to remain the world’s dominant operating system, we should fund it like our lives depend on it. Government programs and frameworks (like ESG) can’t solve problems that are really about our ability to build and compete. Capitalism can. Investors have the

VC is the only job I know where you "do" mostly nothing for years, are wrong on most of things you do actually do, and can then return hundreds of millions of dollars seemingly by accident.

Who else besides Elon Musk is OUR Legacy Capitalist?

“This place seems like exactly the kind of learning place that Charlie Kirk was trying to turn every American campus into.” — Steve Doocy FOX & Friends

AngelSpan Aaron Harris There’s also evidence of “widespread misbehavior” as well! "This is the first study that seeks to document the downside of the current pattern of VC contracting, where VCs receive very large amount of discretion in exchange for a mere promise not to misbehave. We cannot measure

Maybe it's time to start adding the 'LC' label to business models that pursue Limbic Capitalism. danieldashnawcouplestherapy.com/blog/limbic-ca…

This is really important, and why diversification and staging your investments over multiple rounds is so important not only to manage the downside, but to capture and lean into the upside.

I would suggest we need natural leaders, courageous leaders, principled leaders. Not self-appointed ones. Those that lived their principles. First principles. Timeless principles.

Should we be concerned about a 'Venture Deep State'?