Michael
126 posts
Michael
@mdbuilds
founder @joinhomegrown. Mostly here to sharpen my thinking
Atlanta Katılım Aralık 2023
76 Takip Edilen52 Takipçiler
I am really fed up of podcast tours. I am fed up of the same people being on the same podcast circuit.
I want 20VC to be the place where you listen to incredible people either investors or founders who have built insane businesses but this is their first podcast.
Who should we have?
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@Jay_Edlin Throw a hail mary on a regular basis and new worlds of possibility emerge
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@davempayne To paraphrase each firm:
1. Only narrative violations become very big
2. Fuck vanity
3. Heads-down building
4. Obsess over customers
5. Novelty is not optional
6. Founder is delusional in their optimism; somewhat broken
7. Rate of learning is paramount
8. Revenue solves problems
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the time is right for radically different models
Michael@mdbuilds
Just putting this out there: something about "narrative violations" from @bedrock, much of the no-BS pure build ethos of @BrickyardVC, and the ethos of firms like Juxtapose and of course @goodstuffnearby feels like a super potent mix of mindsets to have as you build.
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Just putting this out there: something about "narrative violations" from @bedrock, much of the no-BS pure build ethos of @BrickyardVC, and the ethos of firms like Juxtapose and of course @goodstuffnearby feels like a super potent mix of mindsets to have as you build.
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@davidcummings Zack and Dhruv are great, and I'm very excited to see them continue to carve out this niche. It is still very surprising to me how few entrepreneurs think about the thoughtful use of debt as a way to grow (as opposed to equity dilution)
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Last year, after personally talking to several entrepreneurs about doing something on our own in the private credit space for startups, Zack Mansfield reached out, saying he was working on a new firm. We began discussing the idea and decided to launch a new private credit fund focused on tech startups, called Conductor Capital. To support Zack and Dhruv, we recruited Kyle Porter from Salesloft, Tope Awotona from Calendly, and Nat Turner from Flatiron Health/Collectors. The big idea is: capital from entrepreneurs to support other entrepreneurs.
Today, we’re investing out of our first fund and have already closed our first loan.
Congrats to Zack and Dhruv on the launch, and please consider Conductor Capital when evaluating venture debt options. Conductor Capital is open for business.
conductorcap.com
davidcummings.org/2024/09/07/the…
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Michael retweetledi
Bullshit.
Do it simpler.
Do it smarter.
Do it faster.
Do it better.
Do it cheaper.
Do it in a new country.
Do it with better design.
Do it automated.
Do it personalized.
Do it with a social mission.
Do it sustainably.
Do it w/ top-notch service.
Do it on subscription.
Do it for women.
Do it friendlier.
Do it for a smaller audience.
Do it for a bigger audience.
Do it premium.
Do it for men.
Do it with faster delivery.
Do it with a unique brand story.
Do it with hyper-local targeting.
Do it with a global perspective.
Do it w/ better tech.
Do it more conveniently.
Do it hyper-niche.
Do it transparently.
Do it flexible.
Do it on-demand
Do it dependable.
Do it reliable.
Do it customizable.
Do it hybrid.
Do it accessible.
Do it immersive.
Do it gamified.
Do it entertaining.
Do it informative.
Do it educational.
Do it trendy.
Do it classic.
Do it retro.
Do it modern.
Do it futuristic.
Do it nostalgic.
Do it luxurious.
Do it affordable.
Do it bundled.
Do it a la carte.
Do it fun.
Find a proven idea, and just do it different.
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National Burger Day here is my list and tell me what local spots I left out.
-NFA Burger
-The Chastain
-Chops/Lobster Bar
-Houston's
-Evergreen Butcher & Baker
-Muss and Turner's
-The General Muir
-The Vortex
-Little Sparrow
-The Companion
-Fred's Meat and Bread
-Southern Bistro
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I heard from a student who just graduated from GSB & said that >10% of the class is launching search funds...
probably some overlap between people with no job offers and launching search funds
Abhinav Kukreja@kukreja_abhinav
Just heard from a friend that 30% of her class at Harvard Business School is having a tough time getting even one job offer.
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Michael retweetledi
“The most important aspect of remarkable things are that they are worthy of remark. Worthy of mention”
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@eightsleep I’ve been a huge advocate of yours for years, but going back and forth with your customer service team for three weeks is very quickly changing that. I’ve asked multiple times for replacements, and have been super patient. Please help.
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A bug, not a feature, with retail properties:
re-leasing a space can take 12-24+ months until the new rent starts.
3-9+ months marketing
3-9 months lease negotiation
3-12 months permitting and build out
3+ months free or reduced rent
But the costs aren't limited to downtime.
Commissions are 6-7% of the rent for the term of a new lease - a 10 year lease at $40 per square foot for a 5,000 square foot restaurant tenant could be up to $140k.
And improvement costs for the landlord can be $20 per square foot on the low end up to $200+ psf for some.
And, for good measure, throw in $10-50k for lease negotiation legal fees.
The residential property owner mind can't comprehend this.
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@iononrecourse Glad to see you at one of my favorite places :).
Also, I spotted our team member @agraber in your vid!
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Atlanta has its problems, no doubt.
But patios ain't one.
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@FitFounder I personally just stopped looking at the data first thing every morning. I actually sometimes now only check stats after a few days. I’ve found that this is has worked for me well (and I stopped wearing my ring for a few months for the exact reasons you’ve stated)
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Michael retweetledi
Michael retweetledi
Let’s just hope the former President is Ok and no one else was injured.
And let’s hope they catch the idiot who did this. This is not the way
And thank you to the Secret Service who put themselves in harms way to protect the former President
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@steven_carse @kingofpops JINYA Ramen Bar
BODYROK
The little gym and bunny hive
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Franchising is such an interesting model. We had mostly turned our nose up at it for years at @kingofpops, but Covid forced our hand.
It has turned out to be one of the best choices we've ever made. (although we barely had a choice).
I never thought franchises were "cool"???
Which are coolest?
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