Jake Fuchs

833 posts

Jake Fuchs

Jake Fuchs

@jake_fuchs

Investor @Fin_Capital_VC | Prev: @basecampfund @banktechventures

stream of conciousness Katılım Ocak 2021
1.8K Takip Edilen517 Takipçiler
Josh Wolfe
Josh Wolfe@wolfejosh·
If YOU are American🇺🇸 (need not be Iranian or Persian) investor, family office, asset manager and interested in funding technologists, engineers, entrepreneurs when Iran is free and talented is and opportunity is unleashed…. Leave a comment below 👇
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Jake Fuchs
Jake Fuchs@jake_fuchs·
@KicksFinder Kind of funny if you click to read the “terms” to accept, it redirects you back to the same page
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KicksFinder
KicksFinder@KicksFinder·
Travis Scott password page up! 👀 >> buff.ly/t5HmEtM Follow and keep notified for any updates 🔔
KicksFinder tweet media
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Shayne Coplan 🦅
Shayne Coplan 🦅@shayne_coplan·
who wants to watch football with me this sunday? in nyc gonna be beta testing the new polymarket US app
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Jake Fuchs
Jake Fuchs@jake_fuchs·
will never fully understand why we were forced to memorize the preamble in 8th grade social studies
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Jake Fuchs
Jake Fuchs@jake_fuchs·
👋🏻 I’m excited to announce I’ve joined the team @Fin_Capital_VC investing in the next wave of B2B fintech companies if you're building in space, let's get in touch! ☕️ is on me if you’re in nyc!
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Jake Fuchs
Jake Fuchs@jake_fuchs·
isn’t this just a signal that relative value opportunities in venture have shifted for this cohort? It seems like best risk-adjusted entry point is now A for many early stage funds will shift again at some point in the future [and I expect others (angels, strategics) will fill the gap at seed for the time being]
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Hadley Harris
Hadley Harris@Hadley·
Seed math is broken Median post-money at seed last year: $14.8M (Carta) Seed-to-A conversion rate: 13% (Carta) That implies a risk-adjusted A valuation of $114M But the median post-money at A? Just $56M (It’s actually worse once you factor in option pool refresh and post-seed bridges) So why do VCs keep piling into seed? 1) Belief that breakouts will be fast/big enough to outrun the math 2) Hope that ownership can be fixed later by doubling down 3) Everyone thinks they’re better than the median Most funds won’t make this work
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Jake Fuchs
Jake Fuchs@jake_fuchs·
@pitdesi the cost of having to sit with another person for 30 minutes 🤣
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Sheel Mohnot
Sheel Mohnot@pitdesi·
Why is Uber courier so much cheaper than Uber X? I needed to pick up something, it cost $14 by Uber courier but a ride would have cost $56
Sheel Mohnot tweet media
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Jake Fuchs
Jake Fuchs@jake_fuchs·
@pitdesi check out equinox hotel in nyc—highly focused here
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Sheel Mohnot
Sheel Mohnot@pitdesi·
Idea: a hotel brand geared towards great sleep I get especially bad sleep when traveling (jet lag etc) and being alert is often even more important than usual So design a hotel around it: Soundproof rooms with warm lighting, blackout curtains, great bedding & mattresses with firmness options, weighted blankets for those who want them, individual temp control Provide sleep tracking, smart wake-up, soothing audio for those who want it Better nutrition in the restaurant, minibar with sleep oriented products (sleepy tea, etc) You can take it further with wellness- saunas and hot tubs, sleep focused massages, etc. I would stay!
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Jake Fuchs
Jake Fuchs@jake_fuchs·
@saranormous Check out my reading lists from the past two years — AI 2041, The Price of Time, and The Money Trap were 3 of my favs 2023: @jakefuchs1/reading-a-year-in-review-2023-1e261b008809" target="_blank" rel="nofollow noopener">medium.com/@jakefuchs1/re… 2024: @jakefuchs1/my-2024-reading-list-da8ce5793165" target="_blank" rel="nofollow noopener">medium.com/@jakefuchs1/my…
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sarah guo
sarah guo@saranormous·
I am interested in science broadly, history, biographies, sports, economic phenomena, philosophy, math, war, leadership (not “management 101” but “lee kuan yew”), classics, science fiction, parenting, and then within “industry” technology, biotech, longevity and space
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sarah guo
sarah guo@saranormous·
long flight upcoming - recs for books that taught you something?
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Jake Fuchs
Jake Fuchs@jake_fuchs·
@phantom any update? have had a txn pending for over an hour
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Phantom
Phantom@phantom·
We’re currently experiencing a massive surge of 8,000,000+ requests per minute. While we work to stabilize our platform, transactions may have trouble going through on the first try. We appreciate your patience 🙏
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Jonathan Swerdlin
Jonathan Swerdlin@swerdlin·
I’m gifting 10 @function memberships. Comment “2025” below to get one. 10 people will be randomly selected at 11pm ET on Jan 5th. No strings attached. This one is on me. It’s personal. Across 100,000+ Function members, I’ve witnessed lives saved, worries eased, risks flagged, and celebrations for what’s working. Myself and my loved ones included. Our health is knowable. We have agency over our future when we know it. It’s time you own your health—in 2025 and every year after. For good measure, Function’s legal team asked me to add these terms: functionhealth.notion.site/gift-js?pvs=4
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Jake Fuchs
Jake Fuchs@jake_fuchs·
do the Jan 1 attacks in New Orleans and Las Vegas degrade trust in the P2P economy? both were facilitated through @turo - a P2P car rental platform will there be knock-on effects to folks like @Airbnb in the short-term? have to imagine there’s a “I don’t want my [car, house, etc] to be used in a potential terrorist attack” narrative that starts to form
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Jake Fuchs
Jake Fuchs@jake_fuchs·
@landlawyerbrian Out of curiosity did you move to a smaller localized bank? Or did you just switch to another larger Chase competitor?
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The Land Lawyer
The Land Lawyer@landlawyerbrian·
Today, we moved our funds from Chase Bank to a bank that actually values its customers. My experience at a Chase branch today affirmed we made the right choice. Here’s what happened: 1) I witnessed one man leave—and say he was going to transfer our his funds—after being told the bankers were "too busy" to help him, despite clear signs they weren't. 2) My simple wire transfer took an hour and a half because someone decided to extend their lunch break. 3) While I was waiting for someone’s lunch to end, a customer got into an argument about scheduling with a bank associate, and he left, too. Nobody in the bank batted an eye. In my opinion, J.P. Morgan Chase's size and rigid corporate protocols are the real culprits here. This isn't on the branch employees; the culture problem starts at the top. Glad to be moving on! Has anyone else had a similar experience with Chase? I’d love to hear some stories.
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Palmer Luckey
Palmer Luckey@PalmerLuckey·
Mdest proposal: All Luigi fans and stans should band together and create or purchase their own health insurance provider. If the problem is really United Healthcare, they can save countless lives. If the 2% profit UH makes is really so obscene, surely all Americans will be thrilled to switch to a new more-efficient provider that doesn't deny any claims! I haven't figured out how that will work given that the the ACA/Obamacare specifically prohibits charging enough to make such a thing possible, but that is just a minor detail. It isn't like the supply side could be the problem, and certainly not government regulation and crony credentialism. No, surely a new CEO can solve our health insurance woes and make a better product that everyone prefers by acting as a conduit for the brilliant ideas of murderous social media commenters.
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Jake Fuchs
Jake Fuchs@jake_fuchs·
the TL is undefeated
Jake Fuchs tweet media
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Kash from TaxGPT.com
Kash from TaxGPT.com@ChKashifAli·
Just met a founder that bootstrapped to $1M ARR and looking to raise $3M at reasonable valuation. A midwest VC told him that it’s too much 🤦‍♂️
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Jake Fuchs
Jake Fuchs@jake_fuchs·
@commbankerguy did you use a marketplace for this? or just moved through traditional means?
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Community Banker Guy
Community Banker Guy@commbankerguy·
We pulled the trigger on some securities losses. Just had to look away, send email, puke. 🤮 we will be thankful in 2026 but damn it hurts today. Took 5% hit with earn back less than 12 months.
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