Aash

139 posts

Aash

Aash

@aashnarula

Building 🛠️ | scaled https://t.co/cRDk9ZcHAk to $25m ARR

San Francisco, CA Katılım Şubat 2022
586 Takip Edilen108 Takipçiler
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Aash
Aash@aashnarula·
Peptides will be the closest thing to a magic pill this decade.
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Aash
Aash@aashnarula·
@joinsuppco had the chance to truly hold supplement brands responsible for quality. I fear - by getting acquired by @function - their independent credentialing system will die a rapid death. Missed opportunity to shake up the industry
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Aash
Aash@aashnarula·
@StuartBlitz Juicy. Greycroft would have done the A at between $100-200m val. So assuming a 2x markup on that. Majority equity. Taking a stab in the dark here haven’t asked around. Thoughts?
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Stuart Blitz
Stuart Blitz@StuartBlitz·
If I'm Function, why wouldn't I use my high-priced equity to acquire more related and complementary companies? Seems to make sense.
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Aash
Aash@aashnarula·
Read this
Dara@dara_venture

You raise your seed round.....now what? The first thing you do when $1-2M hits the bank account is open the app, look at the number, take the screenshot, smile, send it to your family group chat to make your dickhead brother jealous....then close it. You just got 18-24 months if you're disciplined, 8-10 if you're stupid. Firstly, Don't change your fucking life. Pay yourself enough to not stress about rent. $80-120k depending on city, even lower if you can stomach it. If you pay yourself $350k after a $2M raise.....chances are, you will not last. You're not running a company just yet.....it's an experiment...one that will end quickly if you prioritize short term gains > long term greatness. Same with office. You don't need one. The "we need a real space for the culture" is bullshit. Work from home. Your only job for the first 6 months is to talk to users and ship quickly. If you raised $2M and you're not doing (minimum) 5 customer calls a week as a founder........your priorities are messed up. You need to understand as quickly as possible if the people who use your product, come back without you begging them to do so! Almost everything else is a vanity exercise. Series A timeline in 2026 is 600+ days from seed. Less than 15% of seed-funded startups ever raise an A. So track burn weekly. Know your runway to the day. Every dollar should ship product or facilitates customer feedback . If a tool, hire, or expense doesn't do that, stop it. Conference tickets? No. PR firm? Absolutely fucking not. "Brand consultant" don't be stupid. Logo redesign? GTFOH. 72% of seed stage burn is "people". 74% of startup failures involve premature scaling. You raise, you feel pressure to "build the team," you hire 4 people in 90 days, burn goes from $40k/mo to $180k/mo, the new hires don't have product to work on because there isn't one yet, you spend your time managing them instead of talking to users, runway evaporates, you're back fundraising at month 9 with worse metrics than when you started. Stay 2-3 founders + AI for as long as humanly possible. The teams crushing right now have 4 people doing what 15 used to do just 24 months ago. When/If you do hire.......focus on builders, forget managers. Focus on operators, not "credentials". If you're not using AI for code (Cursor, Claude Code), customer support, sales prospecting, content, ops, brand, recruitment vetting......your competition is winning. Tech is commodity now. GTM and data are the moats. Use AI to compress everything that isn't either of those things. Try to avoid giving advisors equity. An "advisor" (who you mistakenly thought would enhance "credibility optics") who takes 1%, for doing absolutely nothing, is the same prick that costs you seven figures in a future round. Model dilution before signing every SAFE. Don't talk to VCs for 6 months. (forget the "always raising" mindset for now) Keep relationships warm with periodic updates but take the foot of the gas slightly. I know. I'm a VC saying this. But I mean it. The gravitational, distractional pull of the next round, will fuck up your focus harder than anything else. Send your existing investors a 5 line monthly email. Don't go to investor dinners. Don't "build relationships for the A." If you're talking to VCs more than building, again, your priorities are misjudged and it will show up against your development goals. The money will fuck with your head. People will ultimately treat you differently. Nobody really prepares you for that. You'll get DMs from people you haven't talked to since school. You'll feel the urge to announce, to LinkedIn post, to look like a "real founder." You'll also be lonelier than ever. You raised, your "friends" think you've made it, you can't tell them you're scared shitless and don't know if it'll work. I would recommend finding 1-2 founders.....who are 6 months ahead of you, and text them weekly. That's effective therapy (at least from my personal experience). Last thing. The party ended when the money hit. Now you have a shot and a clock.....the only thing that matters is whether you ship something people genuinely want before that timer runs out. Most people who give you advice in the next 6 months are probably going to try selling you something. Filter everything ruthlessly. Trust your user feedback and trust the burn rate. Now go build and say "no"...... consistently. Godspeed.

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Akash Sharma
Akash Sharma@asharma_53·
We’ve raised 25M to build the world’s first Personal Intelligence. Introducing Vellum: AI that belongs to you. My assistant @ash_vellum has his own X (like grok), tag him and he'll answer.
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Aash
Aash@aashnarula·
Yes I’m building…. And hiring across all functions
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Aash
Aash@aashnarula·
Hims will win
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Simar Boparai
Simar Boparai@Simar_Boparai_·
At times like these, SF terrifies me
Simar Boparai tweet media
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Aash
Aash@aashnarula·
If it’s not a no it’s a maybe. Send that 10th b2b SaaS sales email
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Aash
Aash@aashnarula·
Dunkin donuts venture arm should invest in peptide cos to hedge
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Aash
Aash@aashnarula·
@Superhuman pls sign BAAs from a loyal customer who has no choice but to churn
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Aash
Aash@aashnarula·
@dvasishtha This is a really interesting take. As someone who historically only invests in healthcare, curious to probe. How do you get over the fear of not being able to add value since it’s an industry outside of our knowledge? Do you have a % philosophy on healthcare vs non healthcare?
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Dhruv Vasishtha
Dhruv Vasishtha@dvasishtha·
One of the biggest mistakes I’ve made as a healthcare angel is not diversifying across sectors. I used to think the “disciplined” thing was to only invest in healthcare because that’s where I had the most context, could be a better picker, and maybe be more useful to founders. But angel investing is power law investing, and power laws don’t care about your sector focus. A good example was getting access to one of the earliest Varda rounds courtesy of @nunzi46. My reaction at the time was basically: what do I know about space manufacturing? That was the wrong question. The better question was whether I wanted exposure to a category that could be enormous if it worked, whether the opportunity was coming from someone with great taste, whether the team was exceptional, and whether I’d learn a ton just by being close to it. The answer to all of those was yes. Instead, I passed because I over-indexed on the part I didn’t know. I still don’t think angel diversification means spraying checks into every hot new thing. But it does mean that when exceptional people give you access to exceptional teams in categories with 100x upside, “this isn’t my sector” is usually not a good enough reason to say no.
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Aash
Aash@aashnarula·
Sober tweets = 1 like. Tipsy tweets = 5 likes. Drunk tweets = ?
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Aash
Aash@aashnarula·
Is PT-141 the new viagra?
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Aash
Aash@aashnarula·
I never won a venture deal at Goldman. I was “price disciplined”.
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Aash
Aash@aashnarula·
Every D2C peptide pitch I’ve heard: “We have an influencer” “Lower CAC than everyone” “Premium branding” “Membership offering to payback faster” “Eventually vertically integrate” Spot the differentiation? Me neither.
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Aash
Aash@aashnarula·
There are only 3 possible moats in peptides: 1) a celebrity influencer (👀 @hubermanlab ), 2) an existing loved brand expanding into peptides and 3) being friends with the administration. 99% of the rest won’t last.
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Aash
Aash@aashnarula·
Who is building peptide gummies 👀
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