stewglynn

@waratahjesus @LukeHarper1990 Same as me and another mate - site is breakinh

@pitdesi Wow

Cursor at $1B of rev, $30B val. FTX did $200k of the $400k pre-seed, then sold it for cost ($200K) in April 2023! Cursor started out as an AI tool for CAD before pivoting to software dev. Anyone know the valuation at pre-seed? How much did FTX miss out on?

@alex_prompter AI

This is insane 🤯 I built an AI that watches TechCrunch, writes LinkedIn posts about trending news, designs carousels, and schedules them. It runs 24/7 without me. And my engagement is up 340%. Here's how it works: (Comment "AI" and I'll DM you a complete guide for automation)

@jasonlk @marcepntoja @jasonlk anything you are happy to share on your agent stack that you are using / for what?

AI is a pretty big threat to CRM. Not the need for CRM, but to its value proposition. I didn’t totally get it until we deployed 11+ AI Agents. But what they do is push your CRM to the background. You don’t really need to log in as often. You spend far more time working with the AI Agents than the CRM they connect to. Far more time. Your CRM becomes much more of just a database when it’s the agents you are interacting with. We’ve already seen it. If the CRM players own the AI agents themselves, probably a net positive. But if the pure-play sales, marketing, success, etc. agents are the winners … CRM becomes a lonely data warehouse. At least somewhat. It’s already happened with us.

@bgurley Don’t disagree but good to have a venture backed company actually pop in the right direction and give some confidence in the IPO market

With $FIG we have another massive "POP" highlighting the gross inefficiency in the modern IPO process. It's very simple. They REFUSE to match supply/demand (that happened today). They brag about the mis-match - "30X oversubscribed." The outcome is expected & fully intentional.

We have liftoff @TEN13vc Runway 2024 @LiamMillward @Squizifyhq @TinybeansKids #runway2024

The @TEN13vc crew gathering pace for tomorrow’s #Runway24 conference! Who’s joining us tomorrow? Pumped 🔥

@AmitOVerma @AnVoAU @itsbrendanhill @TEN13vc Excited to see you shortly Amit! 🔥

✈️ ✈️ ➡️ Brisbane!! #Runway2024 is going to be super. Looking forward to my panel on “exits and liquidity” and hanging out with @StewGlynn , @AnVoAU, Sophie, @itsbrendanhill + the team at @TEN13vc

@jasonlk @BatteryVentures Thanks @jasonlk - is the report public? Link please 🙏

A super interesting slide from @BatteryVentures's latest report: 👉Start-ups are the most "overpriced" ever. Far more than 2021, in fact. Why more "overpriced" than 2021? Because while start-up valuations have stayed high, or even grown since 2021 for AI, YC and other hot categories -- public valuations are just 33% of what they were in 2021. Net net, hot start-ups now are priced at 3.2x higher than the public comps. That was only 1.8x in 2021. 2021 was nuts for start-ups, but public valuations were also 3x higher than today. So net net, start-ups are far more expensive to invest in today than 2021. We'll see how it shakes out. If $2 Trillion of services revenue flows into software spend because of AI, it makes sense. If the existing $300B of SaaS spend just gets reallocated, it probably doesn't make much sense. Net net, the Unicorns of 2024 are far more expensive than the ones of 2021. We knew that, and the data supports it.

One of the largest startup investor networks in Australia is closing in on $100m under management – without even raising a fund. @TEN13vc managing partner @StewGlynn is now on the hunt for 'picks and shovels' AI deals as his firm appoints new partners. capitalbrief.com/article/vc-syn…

@nikiscevak 💯- industries we would have been scared off due to sales cycles seem to be keen on adopting

One of the very many wild aspects of AI is lawyers and doctors enthusiastically putting down their credit cards and buying products. They have traditionally been some of the worst buyers of software in the world.

@oliviagrivas @PledgeOne @Kimbjackson Awesome Liv

Many incredible women before me, many more to come. Thank you to @PledgeOne for the unbelievable honour of featuring me on Nasdaq Tower in Times Square this IWD amongst some phenomenal female leaders, including one I get the privilege of working with every day! @Kimbjackson

@pitdesi Liked Pain Hustlers on Netflix recently

I love a good business biopic. BlackBerry, Air, Ford V Ferrari, Joy, The Founder, Guru, etc. What else should I watch?

QOTD from @tomasz

@tferriss @HStartadam is a great bridge between all the communication platforms (can choose your chat preference) say Whatsapp and be chatting with folks on their Slack / Teams. Plus then do workflows of the messages.

Twitter friends! Can anyone recommend a team messaging app on iOS that’s fast, light, + secure? Not iMessage, Signal, or Telegram but something built for teams and collaboration. Folks shouldn't be able to delete chat histories. What do you recommend besides Slack/Teams? Thanks!

Great to catch @HSerunjogi and @DrJid - been a wonderful journey supporting them from the earliest days at @chippercashapp

Hanging out with the best moderator in the world @Jason on @TEN13vc #JETSTREAM23

ICYMI, great @wholesaleinvest Emergence23 Syd panel on state of investor syndications with @TEN13vc's @StewGlynn, @AussieAngelsHQ's @cmack4life @flyingfoxvc's Bree Kirkham, Syndication Investment Services' Andrew Ireland & @SydneyAngels Richard Dale. youtube.com/watch?v=g1HzOL…

@oliviagrivas @JamesSioud Congrats Liv!!!

Sorry for the late reply! Been trying to close something big…

@JUSTINPUSHAS @TEN13vc Congrats on getting married! 🤩🤩🤩👟 The best couple 😊

Thank you to the @TEN13vc team 💝 @StewGlynn Blessed to have investors that care 🙏🏼