tamaghna | Rez Labs

time to check your wallet if you’ve been active onchain and have a Monad NFT your gas tank might be looking fuller

Jason Calacanis turned $25k into ~$100M before he ever raised a fund (from an investment in Uber). How? He just started investing. No fund. No institutional backing. Just deal-by-deal conviction and one early bet on Uber at a $5M valuation (!) That track record eventually became LAUNCH, now on its 4th fund. Elad Gil did the same thing. Early Googler, then VP at Twitter. He started angel investing by helping friends with their startups. Airbnb, Stripe, Coinbase, Figma, Notion, Perplexity. 40+ unicorns later, that track record became Gil Capital, which has now raised $3 billion. The pattern is the same every time: Operator experience → deal access → early bets → track record → institutional capital Nobody handed them a fund and said "go prove yourself." They proved themselves first and the fund became inevitable. The vehicle that makes this possible today? A deal-by-deal SPV. It lets you invest in a specific company, bring in your own LPs, and build real ownership, without waiting to raise a $50M fund first. Each deal you do is a data point. Each return is a proof point. That's how you build the track record that LPs eventually say yes to. This is the playbook. It's not new. But most people don't realize it's available to them right now. I partner with Verivend because when you're executing this playbook, the infrastructure behind your SPVs has to be airtight - secure, compliant, and built for private markets. If you're ready to start building your track record, this is worth a look 👇 (link in comments)