Jay Fulcher

Looking forward to our discussion on mental health tomorrow. Join us! #cheyennevc linkedin.com/posts/katiyaxi…

@stoolpresidente Breathe dude. Pete would kick your ass.

This is honestly prison. I’ve never seen a shadier sequence in my life. Prison for Pete Carroll and that ref

@bgurley @TexasExes Congrats, Bill! Not dead yet ;)

Huge honor to be recognized by @TexasExes this past weekend. youtu.be/PV4ceLOdF10?si…

So true for me. Golf reveals so much. Lessons everywhere.

@NWischoff Amen.

Have had a lot of LP meetings recently and a consistent theme across large institutional LPs is that very few have continued with their blue-chip relationships (outside of Index). "Those funds are no longer hard to access". Looking to concentrate in the next generation. The new challenge is writing smaller checks to new funds while they are small and where they need to deploy 50M+. Times are changing. Huge opportunity for new funds looking to build something durable.

@KirkHerbstreit Congrats, Herbie. You’re the model now. You take the guff that comes with the job with grace, and keep your sense of humor. Your knowledge of the game, players, schemes, coaches and programs is unmatched in a world that today is more entertainment than X’s & O’s. Appreciate you…

Thanks Bill. This is really special. Truly humbled and grateful for this journey I’ve been on. In my generation watching Pat and John Madden was appointment viewing EVERY Sunday in the Fall. Often, covering my team back then, Roger Staubach and the Cowboys. I’m very appreciative to receive this honor and look forward to the dinner in SF Super Bowl week.

@dhaber 100%. I was so fortunate to have spent my early career at SAP and then PeopleSoft. So many great companies and people came from the leadership trees there.

8/ But once you’ve seen it, those limits disappear. You start thinking less about “what’s the best I can do” and more about “what’s the best that’s possible” and then you push yourself to get there.

5/ The same is true when you are a founder. If you’ve worked at a company that set a high bar for excellence – whether that’s detail in design, speed in shipping, or rigor in decision-making – you carry that with you in everything you build.

@AlmostMedia Not a policy per se, but SCOTUS 5-4 decision on Citizens United has led to ruinous—albeit predictable—outcomes.

What is America’s worst downstream policy decision of the last century? I’m talking health insurance being tied to employment, housing financialization, car seats. Give me your best worst policy

@jaltma @pmarca Great job, @jaltma! You didn’t miss much with this opportunity with Marc. Enjoyed it thoroughly!

Not sure I've ever learned more in 100 minutes than I did talking to @pmarca on Uncapped. We covered the future of venture capital, what he sees coming with AI, the current state of politics and the media, and then a bunch of random questions I just really wanted to ask him.

So many flaws—today’s VC climate—too much $ being put to work too imprecisely (absurd valuations, poor due diligence, rushed cap table decisions), $ then put in the hands of those with little/no operating experience, being guided by those who have even less. Rinse, repeat. So much bad advice being given every day often by so-called ‘top tier’ investors.

This is the single greatest flaw of VC Huge topic at a VC dinner I was at last night and while I don’t universally agree, sometimes doing the right thing (what helps you “win”) is NOT the popular thing We see board members who are happy to watch a company implode, rather than push back on a founder because they worry about a bad reference We see emerging managers willing take recaps on their best companies to not upset the big firms cramming them down (again, worried about the bad reference) We see folks who operate like politicians, endlessly focusing on networking > working to achieve social acceptance, ignoring their responsibilities This is driven by the fact that LPs tend to take the signal of being liked > actual returns (claiming that returns are a lagging indicator), but the best firms focus on making $ > being liked. They don’t care about reference checks (they have prior results to stand on) and it’s a HUGE advantage because they can make the choice to “win” over being liked. Truth is, the market only likes winners It’s amazing how many more people want to be your friend when you have good performance. You don’t get deals because people want to come to your birthday party, they come to you because they think you can help them win. We see the same things in founders - those that care more about social acceptance / follower count > winning, dramatically under perform. This isn’t a license to be an asshole (perhaps I am), but the reality is that venture would have dramatically better performance if we all (like other asset classes) focused a bit more on winning > being liked

Jon Gruden got a an absolute HAUL from @SanJoseStateFB 🔥🔥 Someone get him out to a game this season👀

@skupor @tecovas Posers pose. Some of us were always country. Funny to see this fashion trend in the tech world but the more the merrier.

Apparently, "I was country when country wasn't cool": I don't know whether I should be flattered that my @tecovas cowboy boot-wearing tendencies (in Silicon Valley nonetheless) have now made it officially into "tech bro culture" or whether I should be upset for not having been quoted in the story! wsj.com/style/fashion/… via @WSJ

@jmj And don’t forget the general rule of thumb that the more VC (partner or firm) talk about how they are “operators at heart” the less likely they actually are…

Venture capital constantly debates the value of operational experience. That badge of honor—"I was an operator"—once opened doors and closed deals. Investors wore their battle scars proudly: I’ve been in your shoes. ChatGPT arrived in 2022, and everything sped up.

The issue with this entire exercise is it supposes that a trade imbalance is inherently a bad thing. As a company you have lots of suppliers that you buy far more from than they buy from you, because it’s a supplier that makes you more competitive and your product better. The “free market” has spent decades arriving at this particular set of trade imbalances for a variety of strategic reasons. If we want to bring back manufacturing to America, which is a good goal, we should do it in strategic categories that are existential to us (chips, energy, cars, etc). Stimulate this via tax credits, deregulation, federal land use, commitments from foreign manufacturers, etc. and make it far more affordable to build here vs. more expensive elsewhere.

@DavidSacks Amateur hour. Including you.

Every word of this is the stone cold truth.

@arikarmstead @NFL @Nationwide @Jaguars Congratulations @arikarmstead! So well deserved. Arik, your spirit of service is an inspiration!

Honored to receive the Walter Payton Man of the Year Award! I am nothing without so many people who have been a blessing in my life. Thank you to the @NFL @Nationwide. Excited to continue to serve our young people and inspire the next generation!

@NinersNation But it got done anyway…

Report: Jed York “personally” involved in Robert Saleh negotiations ninersnation.com/2025/2/1/24356…

@pitdesi Each other…

Any bad news happens D’s blame -Systemic racism -Income inequality -Corporate greed -Climate change -Guns R’s blame -DEI -Illegal immigrants -Govt overreach -Liberal policies -Media bias What else?

@NickCarboniWCNC @wcnc He’s already better and it’s not close.

I asked Greg Olsen if he sees a path to broadcasting a Super Bowl again soon, given Tom Brady's deal "Wherever it is, whatever network it's on...my goal is to continue to show I'm as good if not better than anybody in this industry, I just need a chair." @wcnc #Panthers

@NWischoff 100%. No MBA, Ivy League education or bullshit venture apprentice role comes close. That said, the “grow at all costs” ethos that many VC’s and naive founders espouse is a trap and will teach punishing lessons.

Said yes to everything in my 20s. What truly changed my life was landing at my first startup Blend, now a public company. Pure chaos, packed office all hours, constant "is this legal, it should be, how do we fix it", back to back large VC rounds raised, 50 to 500 people in what felt like 3 months. Head of BD at the time told me that Blend was growing so fast that every six months he felt like he was buying into working at a new company. If you are in your 20s and want to know what your made of (and whats possible in the world), get to SF. Find an early stage startup sub 50 employees and work harder than everyone at the company. Learn what it means to try everything and get to an answer. Then leave and start a company. No other education out there will offer you more in the shortest amount of time to absolutely crush it.