ValleyDude

@alexrkonrad Not common to buyout earlier investors at B. Occasionally, provide some liquidity to seed but almost never to A investors.

@kane Be sure to compare apples to apples. SF population is irrelevant. What is relevant is population of the DMA / metro area, which is 5m+ for bay area. City lines are drawn randomly.

@AdamDraper Not to be pedantic, but it's "you're" not "your". Or maybe "your" was intentional due to the term "idiot".... which would then make the phrase quite clever.

I'm at the point where I don't know if I want the market to go up or down. Going up is great bc makes me feel richer. But, I have cash to invest and hard to do so at such high valuations. Want to buy on a drop

@jasonlk 3/ My network has amazing founders that Gurley and Wilson will never see. That's the beauty of VC. While, yes, good VCs create a self-reinforcing network -> best deals begets more of the best deals. There is a natural cycle and turnover over time.

@jasonlk 2/ Jason, I beg to disagree. (note: I admire and strive to be as good as Gurley and Wilson...one day...). But, I see plenty of good deals that I have access to. It's harder to have conviction/get partners on board to do deal than it is to get access.

@chamath Hence why we VC's ask prior to investing: Is this CEO a good salesman? Takes a broad set of talents to be a CEO, and selling to: customers, employees, the market, the board, etc. cannot be underestimated.

@paulkrugman Problem w/ BTC; no one transacting for goods/services-only trading. Volatility is too high-why spend BTC if it'll double in value? Once BTC price stabilizes -> increase in velocity of transactions (for goods) vs. trades -> medium of exchange. Then it's a big deal. Or could fail.

@ananavarro FL goes blue. Amazingly Texas isn't far behind... GOP in trouble.

.@thedextriarchy, @magicleap Not to be a pessimist, but I gotta take the short on Magic Leap. I don't see how this business can justify almost $2bn invested and $5bn valuation. But i hope you prove me wrong. theverge.com/2017/12/20/168…

A look at @PitchBook's list of largest VC-backed companies. Here's where I would invest as we begin 2018.

Coinbase is now the No. 1 iPhone app in the U.S. recode.net/2017/12/7/1674…

@patio11 Behavioral economics is a helluva thing....

Who's gonna step up and buy @FoxNews and then shut it down. That would be the best philanthropic gift in American history. twitter.com/CNBC/status/93…

@AdamDraper @coinbase @facebook @amazon I'll take the under on that wager.

@lpolovets Hey @lpolovets, would be interesting to overlay that volatility with the s&p.

@annimaniac @Recode I'm all for @sarahtavel as much as the next person--and I'm pro-women, diversity, etc But, she hasn't disclosed ONE investment yet...let alone had an exit. Let's not get ahead of ourselves. (I do hope for her success though)

Yowza.

.@melindagates My firm as bias toward investing in women. Women led companies drive potential for better financial returns. linkedin.com/pulse/vc-isnt-…

Hardly seems overly aggressive to observe the following YOY details: US sales of ICE light duty vehicles are -1.7%; US sales of EV are +30%, and that US gasoline consumption is currently running -1.1%: ir.eia.gov/wpsr/overview.…