benjamindblack (@benjamindblack) 's Twitter Profile
benjamindblack

@benjamindblack

Master of the VC dark arts, Godfather of Secondaries, RAISE Global co-founder. Pizza and baseball lover.

ID: 17469039

calendar_today18-11-2008 19:36:00

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Mike Simonsen 🐉 (@mikesimonsen) 's Twitter Profile Photo

The San Francisco Chronicle is running a series of citizen-proposed big idea solutions for some of the hardest hit parts of San Francisco. Ideas like how to bring a new university campus to revitalize office areas which will never regain their workers. Thoughtful, caring proposal by

RAISE Global (@raiseconference) 's Twitter Profile Photo

The 9th annual RAISE Global Summit is returning to the Presidio in October. Our LP Selection Committee curates the emerging managers, from 100s of applications, to connect w/300+ forward-thinking LPs. LPs, request an invitation to join us in October. hubs.la/Q02yjWP10

The 9th annual RAISE Global Summit is returning to the Presidio in October. 

Our LP Selection Committee curates the emerging managers, from 100s of applications, to connect w/300+ forward-thinking LPs. 

LPs, request an invitation to join us in October. 
hubs.la/Q02yjWP10
benjamindblack (@benjamindblack) 's Twitter Profile Photo

#SFvsAZ San Francisco should just abdicate the season. Heal. Put their players in a bubble. Management should retire en mass.

RAISE Global (@raiseconference) 's Twitter Profile Photo

🔦 RAISE LP Selection Committee 🔦 We are excited to announce that First Close Partners has joined this year's LP Selection Committee and are grateful for their ongoing support of the RAISE community. hubs.la/Q02zQHL90

🔦 RAISE LP Selection Committee 🔦 

We are excited to announce that First Close Partners has joined this year's LP Selection Committee and are grateful for their ongoing support of the RAISE community.
hubs.la/Q02zQHL90
RAISE Global (@raiseconference) 's Twitter Profile Photo

🌟 Discover the Future of VC 🌟 Join the RAISE Global Summit 2024 in San Francisco. Connect with innovative VC managers and explore the investment themes that will define "what's next" in VC. hubs.la/Q02zh7Xh0

benjamindblack (@benjamindblack) 's Twitter Profile Photo

It’s hard to process that the roster on Day One has devolved into a team that is completely uncompetitive against some of the worst teams in baseball - Angels, Cubs and now STL. #SFvsSTL

RAISE Global (@raiseconference) 's Twitter Profile Photo

🎉 We are thrilled to announce the 100 GPs selected to attend the 2024 RAISE Global Summit! Congratulations to all the selected GPs! To view the full list, visit: hubs.la/Q02SWlpt0

benjamindblack (@benjamindblack) 's Twitter Profile Photo

Looking at the Chime IP0. We can see what is takes for 2021 investors to realize 50%+ losses: founder control. The two founders have 70% voting control. So, they can go public even if the late stage investors get crushed. In most companies that have raised $Bs, the investors

benjamindblack (@benjamindblack) 's Twitter Profile Photo

ChatGPT has hit 800M users after 29 months. If the curve holds, ChatGPT could cross 1 B users before its 3rd birthday—3× faster than Facebook’s record. It took Google 12 years to get to 1B. I'll be making fun observations like this if you want to follow along..

benjamindblack (@benjamindblack) 's Twitter Profile Photo

With #circleIPO going to the moon, and CRWV up 4x, the secondary market has put some wins on the board (for now). Circle was trading at $4.17B privately in 2024, now $16B.

benjamindblack (@benjamindblack) 's Twitter Profile Photo

The IPO market is speaking loud and clear:
AI and crypto are eating SaaS & Fintech. Coreweave: +200% 
Circle: +600%
Hinge Health: +25%
Chime: –15%
Omada: –23% Investors want exponential platforms, not incremental products.

Brian Bell (@brianrbell) 's Twitter Profile Photo

What happens when a fund loses over half its capital overnight… and still ends up a 2x DPI win? This week on the Ignite Podcast, we sit down with benjamindblack, co-founder and Managing Director at @AkkadianVC and the visionary behind the Raise Global Summit. With 20+ years in

What happens when a fund loses over half its capital overnight… and still ends up a 2x DPI win?

This week on the Ignite Podcast, we sit down with <a href="/benjamindblack/">benjamindblack</a>, co-founder and Managing Director at @AkkadianVC and the visionary behind the Raise Global Summit. With 20+ years in
benjamindblack (@benjamindblack) 's Twitter Profile Photo

This should get the VC's hearts flowing! HeartFlow lost $32M last quarter and popped 50% on IPO day. Proof the IPO window is back: Wall Street saw red ink and said, “Huge TAM tho.”