Sam Lichtman

@jonchu @Winterrose @ItzSuds @jnconkle $EVC is a solid play too as Entravision owns Smadex (adtech). $EVC would be a perfect Applovin purchase.

@Winterrose @ItzSuds @jnconkle @SamLichtman13 Google? They own Ant, SpaceX, Waymo, Deepmind, GCP, TPUs, Search, Android, Gmail, and how much am I missing that I forgot about and still use?

Hosted a dinner for a bunch of junior VCs (thank you Rho for paying) and a guy was like “my GP is a better public markets investor than startup investor” and every single person at the table agreed. From what I’ve seen, good GPs are the most risk-on manic yolo options traders 🤣

@ritwikpavan Happy to meet any and all. Dm me.

who are the best early-stage hardware investors? i meet incredible hardware founders early on and would love to share.

Do solo and emerging GPs actually have a network edge? I've been speaking with a lot of emerging VCs lately, and every second one leads with the same narrative: "we have a broad, defensible network." So I looked at the @RingsApp dataset (74 funds, 275 user accounts) to check whether that's actually true. And a few numbers stood out to me: - Solo and duo GPs carry 2.9x more relationships per person than funds with 5+ people - The peak is at 2 people – 4,110 relationships per person. Solo GPs sit at 3,618 - Cross into 3-4 people and you're already at 2,529 - At 5-10 people the median drops to 1,296. That's a 68% decline from peak - Mid and large funds are essentially identical – 1,296 vs 1,311. Adding headcount at that point changes nothing And yeah, it seems that the edge is real, but based on my experience talking to GPs across fund sizes, I don't think it's because solo GPs are unusually well-connected people. I think it's structural and a few things explain it: 1/ Survival pressure. At a larger firm you can be an average networker and still get deal flow through the brand, through partners, through inbound. Solo GPs don't have that buffer. You build relationships or you don't see deals. That's an existential pressure, and it produces genuinely different behavior. 2/ Time allocation. Every growing firm pays "a scale tax" – internal meetings, team management, etc. Solo GPs don't pay it. Every hour a partner at a larger firm spends on internal alignment is an hour a solo GP spends on a call with a founder or LP. 3/ Relationship quality. When you're one person, you can't delegate relationships, so you do the intro yourself, the follow-up yourself, you remember the details. At larger firms relationships often become institutional (like "we know that founder!"), but nobody specifically knows them well. Solo GPs build connections that are personally held, which makes them informationally richer and harder to replicate. 4/ Signal clarity. At a big firm people come to you because of where you work. The brand amplifies deal flow – but it also distorts it. When someone calls a solo GP, it's because they know that specific person. I think this makes a real difference in the quality of the relationship, not just the quantity. And the part I find most interesting (and maybe a bit uncomfortable for EMs to sit with) is that this advantage is time-limited by design. Based on the data, it starts compressing not when you raise Fund III, but when you make your 3rd hire. The cliff happens between 2 and 5 people, not between 10 and 50. I think the funds that preserve the edge are the ones that build infrastructure early enough to turn individual relationships into something the firm actually owns (automated CRM enrichment, shared context, real visibility into who knows whom), because without it the network doesn't belong to the firm, it belongs to a person. For LPs this reframes the DD question, because team size is commonly used as a proxy for network breadth, but the data says it's almost the opposite — the right question isn't how big the network is, it's where it lives, who owns it, and what happens to it if the key person walks out the door.

@gokulr @MarathonMP @NickHensell

CHELSEA FURNISHED OFFICE SPACE AVAILABLE The @MarathonMP NYC team is moving to SoHo, which means we have a furnished, move-in ready 1-year 3400 sq ft sublease in Chelsea (25th & 7th) that can comfortably fit 25-30 people. The 1 year lease provides a lot of flexibility. If interested, please reach out!

My kids are going to be so confused that I used to have to make restaurant reservations from an APP by HAND instead of just texting a bot running on a dedicated Mac Mini which spins up a browser to try to make the reservation there and if that doesn’t work makes itself a voice with ElevenLabs to call the restaurant and then texts back with a link to the reservation.

M&A is back. Yea for startups! Unfortunately so is the bad behavior. Founders, beware of the M&A bait and switch. This happened to a portco recently. Company signs an LOI for an acquisition. Yea! Exclusive agreement for 4 months to close. Company stops fundraising, runs down cash in expectation of closing. Two days before close acquiring CEO says board did not approve and deal off. Company goes bankrupt (out of cash) Acquiring company buys IP out of bankruptcy for $0.05 on the dollar of acquisition price. Gets 95% off the acquisition. Even hires a couple unemployed people. Founders: keep operating the company as if the LOI won’t close. Keep optionality.

@NickHensell @jonathanzliu @jonathanzliu, still think Mercor for dating would’ve been the better tagline

@jonathanzliu @SamLichtman13 👀👀👀

i built cursor for dating. (made a cinematic launch video for $0 bc i have no vc money to burn)

@iansbrash Lorem ipsum looks different here

SF is so weird because why does this car dealership want equity in my startup as payment?? 😭

Prediction: healthcare will grow to >50% of consumer spend by 2050

@MichaelDBrandt Congrats! Wildly fast

@iansbrash Wait until they realize that there is another half the alphabet. GPT doesn’t even know what’s coming

how did people do this without claude 💀

@justseels @fahdananta May have someone for you

@fahdananta If you know anyone selling Figure I got a bag for them

I am looking to buy secondaries in CloudKitchens, Figma, and Anthropic. If you want to sell, DM me and I’ll sort it out. I’ve done this before for Instacart, Flexport, Checkr, Wealthsimple and others

@jonathanzliu @joshuawolk Facts

@joshuawolk josh literally more talented than most frontend engineers in big tech

$15M ARR app studio soft launch (we’re hiring, dms open)

@NWischoff Congrats!

World, meet Sebastian Steele 💙

@thesamparr @calvinchen

Is there a website where you can upload pics of different clothing + a pic of yourself and AI shows you what the outfit may look like? Dalle is eh at this and can't find anything else.

within months you will be able to buy genomics data from 14 million americans for +/- $200m? the inevitable fire sale of this mess to an overseas PE firm is going to be a national security matter on the scale of which we haven't seen in healthcare in years

@joshuawolk @Indiestry Love it!

Most of you know me as a designer and developer, but I'm also a screenwriter and absolutely adore film. So today, my friends and I are releasing @Indiestry, LinkedIn for filmmakers and creatives. I hope you enjoy, truly a labor of love :) apps.apple.com/us/app/the-ind…

Key indicator of talent: person: *sends me a cold dm* me: "Can you talk now on phone?" person: "give me 10 minutes here's my number" or immediately sends availability Never ever been unimpressed by one of these individuals once we get on a call I've heard this from other people but it continues to be true I know people say you shouldn't 'always be on' but it feels like all the most talented business people i know are ALWAYS ON idk

@witzshared $8.99 for 7.5 oz??? Anyone else think that @KelloggsUS should’ve maybe consulted a gen-Z before releasing this “gen-Z” focused brand/ing?

WK Kellogg Co debuts #new #cereal brand in better-for-you push buff.ly/3tx0TrS

As someone who has never been OOO in my entire life, I have a genuine question: Do people literally not check emails/work at all until Jan 2?