As a former New Yorker, I can't agree enough.
New York desperately needs a third space for early stage builders, founders, hackers and investors.
If you're in commercial RE in NY, Comment or DM!
and if you're based out of SF, try @daytonaio@borna_perak drink available 24/7 exclusive to @UseCorgi Cafe.
1 Year Furnished Sublease - Union Square
$9,560 / month (all inclusive)
Fully furnished & move in read
Short term (sublease thru May 2027)
1 meeting room, 11 sit/stand desks and kitchen
1,434 SF corner unit with insane natural light
Previously occupied by @usemonk
HMU to tour
Last week, I hosted a fireside chat with @ankurnagpal to debut his new public venture fund, USVC, with @AngelList and @naval
Ankur previously founded Teachable and Carry, selling to private equity for >$250m.
Grateful to have 150+ people in the room. For those who couldn’t attend, here are the takeaways:
1. Companies are staying private longer (and that’s the problem)
B/w 1980 and 2024, the avg age of companies going public has more than doubled. The median US company went public at six years old in 1980; today it is 13.
All the fastest-growing AI companies today are private: OpenAI, Anthropic, xAI, SpaceX.
This is one of the first times ever that a regular person can own a piece of companies like SpaceX, Anthropic, OpenAI, and Vercel while they’re still private. Not after the IPO when most of the upside is gone.
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2. The opportunity cost of working on the wrong thing right now is higher than ever
.
Make sure you’re making the right bet. The velocity of change in AI means that a year spent on the wrong problem is years of compounding lost.
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3. Financial and time freedom is the goal.
“The point of making money is not to buy fancy things. The point of making money is to buy your freedom.”
Optimize for optionality, not status.
Ankur built Teachable to $60M ARR on just $12.5M in funding and sold it for $250M+. Then he did it again with Carry, selling to AngelList.
His lesson: build something that buys you the freedom to do whatever you want next.
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Thank you to our friends at @AntlerGlobal (@kailajlim) and @zoesnownyc for supporting our event.
P.S. Ankur and I are hosting our flagship event on Sep 18. This is the moment we bring our collective networks together to gather the most ambitious, curious builders and tinkerers over multiple days.
If you want early access to our event, see below
two years to this exact day since dinner (side of broccoli and chocolate pie) in NYC
the founders were walking through a new idea they were considering
that became Aaru
congrats on launching today in the WSJ. still so early!!
The coolest office in Flatiron hit the market today. 17+ tall ceilings with large windows overlooking Broadway.
NY founders looking to build in Flatiron - message me!
sales director at a Series C company just showed me his LinkedIn DM dashboard
sent 1,847 messages last month
booked 9 meetings
"industry average is 2-3%, we're at 0.5%"
"what are we doing wrong?"
i ask to see his message template
"Hi [name], saw you're in [industry]. We help companies like yours with [generic value prop]. Worth a quick call to discuss how we can help you achieve [vague outcome]?"
"how long have you been using this?"
"18 months"
"and it's never worked?"
"it worked at first, then stopped"
here's what he didn't understand:
in 2023, that message got 4% reply rate
in 2024, it gets 0.5% reply rate
in 2025, it's basically spam
everyone copied the same template
buyers now see this message 47 times per week
their brain auto-deletes it
i showed him a different approach:
find prospects who commented on competitor posts in last 7 days
they're actively researching your category right now
message them:
"[name], saw your comment on [competitor]'s post about [specific topic]. We ran into the same challenge at [similar company], ended up solving it by [specific approach]. Saved the team 6 weeks. Happy to share what worked if useful."
no pitch
no "we help companies like yours"
just: i saw your problem, here's what worked for us
sent 40 warm messages from liked posts using this
got 14 replies (35% reply rate)
booked 4 meetings
"why does this work when the template doesn't?"
because one is selling
one is helping
buyers can smell a template from 100 words away
but they can't ignore someone who actually read their comment and has a relevant solution
1,847 generic messages = 9 meetings
40 specific messages = 4 meetings
same time investment
opposite strategy
214x better efficiency
your reply rate isn't a volume problem
it's a relevance problem