Mujtaba Wani

466 posts

Mujtaba Wani

Mujtaba Wani

@MujtabaWani

venture capitalist

Tysons, VA Katılım Haziran 2020
875 Takip Edilen570 Takipçiler
Mujtaba Wani retweetledi
Omar Waseem
Omar Waseem@omarwasm·
In DC this week with the Alif team Hosting a popup event with @haroon from Rocket Money. Comment/DM for details!
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Mujtaba Wani
Mujtaba Wani@MujtabaWani·
@paulg I'm really here for @PaulG's arc as a lego enthusiast, watch collector, classic porsche fan, and anti-war good guy
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Paul Graham
Paul Graham@paulg·
I went to visit Subdial in London. Cool place with some good watches. I bought something so strange that till I saw it I'd never have believed it existed: an Ellipse pocket watch. I kid you not.
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Chelsea FC
Chelsea FC@ChelseaFC·
Ramadan Mubarak from everyone at Chelsea Football Club & @ChelseaFCMuslim. We wish all those observing a peaceful and blessed month. 💙🌙
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Arshan Ahmad
Arshan Ahmad@arshanmahmad·
I have come to the conclusion that the most impactful thing Muslims can do in politics is vote for @RepThomasMassie for President in 2028. Anything else pales in comparison. That will get the pedophiles out and bring peace to the earth. If you disagree, give me something more impactful. I'm open to all ideas.
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Arshan Ahmad
Arshan Ahmad@arshanmahmad·
Why does your bank pay you nothing and charge you to send money home? We built PureFi to fix that. 6% yield. Lowest remittance fees. 200,000+ waiting.
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Mujtaba Wani
Mujtaba Wani@MujtabaWani·
@realEstateTrent I buy SFHs (and some duplexes) in Indiana and Ohio. The gross yields are over 15% and the net yields (after property management, taxes, insurance, and maintenance) are around 10%. This strategy won't work in most of America, but it does in some places
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StripMallGuy
StripMallGuy@realEstateTrent·
Buying a home to rent out for income is a terrible investment. Pick any house in America. Take the monthly rent x 12. Subtract property taxes, insurance, and random things breaking. Now take that number (your income), and divide it by the purchase price. Ya like 3%, I know.
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Mujtaba Wani
Mujtaba Wani@MujtabaWani·
@paulg Many investors waste founders' time and ghost. But in this situation, can investors really be blamed for the startup's growth rate declining by two thirds?
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Paul Graham
Paul Graham@paulg·
I talked to a startup today that was approached by investors when they weren't raising. They were lured into talking to them, and the investors wasted a year of their time before ghosting them, during which the distraction caused their growth rate to shrink by two thirds.
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The Kobeissi Letter
The Kobeissi Letter@KobeissiLetter·
Current situation: 1. Stocks = Record high 2. Gold = Record high 3. Silver = Record high 4. Home Prices = Record high 5. Copper = Record high 6. Platinum = Record high 7. Money Market Funds = Record high 8. US Debt = Record high 9. Deficit Spending = Record high 10. Household Debt = Record high When everything hits a record high at the same exact time, it's not a coincidence. Fiat currencies are depreciating.
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Mujtaba Wani
Mujtaba Wani@MujtabaWani·
@packyM Do you have net IRRs and returns the post 2017 funds? If you compare net IRRs to the S&P500 and QQQ over the last decade, I am guessing it will look good but not great
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Packy McCormick
Packy McCormick@packyM·
Did I mention that we have returns data?
Packy McCormick tweet media
Packy McCormick@packyM

a16z: The Power Brokers There is this story about Marc Andreessen that I think perfectly captures a16z. in 2015, when New Yorker writer Tad Friend sat down to breakfast with Marc Andreessen while writing Tomorrow’s Advance Man. Friend had just heard from a rival VC who wanted to get a word in: that a16z’s funds were so large, and ownership percentages so small1, that to get 5-10x aggregate returns across its first four funds, they’d need their aggregate portfolio to be worth $240-480 billion. “When I started to check the math with Andreessen,” Friend writes, “He made a jerking-off motion and said ‘Blah-blah-blah. We have all the models—we’re elephant hunting, going after big game!’” The aggregate portfolio did not end up being worth $240-480 billion. a16z Funds 1-4 had a total enterprise value of $853 billion at distribution or latest post-money valuation. Since distribution, Facebook alone has added $1.5 trillion in market cap. Some form of this pattern keeps playing out: a16z makes a crazy bet on the future. Those in the know say it’s stupid. Wait some years. Turns out it’s not stupid! Which is why, as a16z announces $15 billion in fresh funds, it is probably a mistake to dismiss them as greedy or stupid. It's probably worth understanding just exactly what IT'S TRYING TO BUILD. That's what I do in today's not boring deep dive: a16z: The Power Brokers

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Mujtaba Wani
Mujtaba Wani@MujtabaWani·
I get cold emails that are so bad that I want to reply to tell the sender he needs to completely redo his template
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Mujtaba Wani retweetledi
Patrick OShaughnessy
Patrick OShaughnessy@patrick_oshag·
Everything is contagious. Pick your exposures carefully.
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Mujtaba Wani
Mujtaba Wani@MujtabaWani·
@joshk Are the valuations of the top 4 (SpaceX, OpenAI, Anthropic, xAI) close to "real"?
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Josh Kopelman
Josh Kopelman@joshk·
If you look at the top 10 US private (non-biotech/pharma) companies today, their current reported valuations are $2.2T.
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Josh Kopelman
Josh Kopelman@joshk·
A large part of the bet that both VC's and LP's are making is that the size of the pool is getting bigger -- and exit values will continue to increase.  Here's some data to support the bull-case...
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TJ Parker⚡️
TJ Parker⚡️@tjparker·
@girdley Meh, the top 0.1% definitely do not respond to emails/messages in complete sentences
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Michael Girdley
Michael Girdley@girdley·
You'll be ahead of 95% of people by just: • Answering emails/messages in complete sentences • Responding promptly • Consistently doing what you say you'll do The bar is so low.
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Mujtaba Wani
Mujtaba Wani@MujtabaWani·
@rsg @Austen Does that actually suggest that tutoring / access to resources can't buy a 99% percentile score? So at some level of inherent "intelligence" actually matters, at least at the top?
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Bobby Goodlatte
Bobby Goodlatte@rsg·
@Austen It’s honestly surprising there aren’t even more 1400+ scores amongst the very richest
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Sheel Mohnot
Sheel Mohnot@pitdesi·
The Harvard endowment's largest public holding is a spot Bitcoin ETF (values from the SEC filing, even with the drawdown the Bitcoin ETF is their largest holding)
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