Thought Leadership Threads

So far, 2022 is off to a rocky start. Fears of inflation and signals that the rate environment is about to shift have driven the markets down with high growth tech stocks leading the charge.

What does this mean for #VC backed private companies? A few thoughts:

Nothing is normal anymore. The VC landscape is nuts. Public markets are on fire. The adoption of Web3.0 technologies is unlike anything seen before.

Separating bubbles from mega-trends is really difficult. It’s the stuff of dreams and nightmares. A few thoughts: 🧵👇

Last week was pretty crazy. I knew what was coming first thing Monday morning and the week didn’t disappoint.

A few thoughts on how the VC ecosystem is quickly evolving:

Everyone knows the speed at which VC deals are being done has accelerated to a dizzying pace.

While this can be good for some Founders, it’s magnifying a flaw in the VC ecosystem.

A few thoughts on “Bad Pattern Recognition” and how it’s creating have and have-nots: 🧵👇

Quick observation:

I'm seeing an acceleration of "Keeping up with the Joneses" behaviors in the startup ecosystem.

Founders want to grow crazy fast, raise lots of money, and issue press releases about their valuations so that they're "ahead of their peers".

For 10+ years, fintech startups were in “IPO or bust” mode because there weren’t many active buyers in the ecosystem.

But buyers are back which has profound implications on the outcome distribution for Founders and VCs. This is DEFINITELY worth internalizing. Unpacked:

Yesterday I tweeted an unpopular opinion that deserves unpacking.

Valuations are up. Unicorns are getting birthed faster than ever before. Multiples have hit all-time peaks. New investors are aggressively entering the VC ecosystem.

Who’s to blame? What does it mean? Unpacked:

There’s no denying that right now a lot of money is flooding into #startups. A lot!

But the money won’t always be there. What will happen once the cash stops flowing? Will there be a wave of startups forced to close shop or are there other possible outcomes? A few thoughts 👇

Yesterday @QEDinvestors announced our investment in @GetCapchase and we couldn’t be more excited. The space is white hot with big rounds being announced recently by @pipe and @clearbanc (among others). Curious why so much capital is flowing into the space? A thread: 👇