Ryan Baird

Most businesses fail.

👉🏼Startup Tenure

👉🏼Ford's decision to hit the brakes on a planned $3.5B battery plant in Michigan highlights a challenge for Tesla's growing crowd of rivals in the U.S. market: Tesla is pushing most of them into unprofitable, low-volume niche. 👉🏼On a brand-by-brand basis, Tesla outsold its next 19 competitors by 10 to one or more during the first half.

👉🏼These investors have a combined net worth of over $10 billion. They have led some of the most lucrative VC deals in the world (like OpenAI, Canva, parent company of TikTok - Byte Dance, etc). 🔶 Neil Shen - a Chinese venture capitalist and entrepreneur. He is the founding and managing partner of the Chinese arm of Sequoia Capital. He c0-founded Ctrip and Home Inn. 🔶 Vinod Khosla - founder of Khosla Ventures & Sun Microsystems. One of his early failures was a soy milk venture in India. Another early setback was with Data Dump, a company co-founded with Scott McNealy, but it never got off the ground. 🔶 Mary Meeker - the founder and general partner at BOND. Recently invested in Yassir, an African super app that provides a range of on-demand services and contract management startup Ironclad, valued at $3.2 billion. 🔶 Luciana Lixandru - left London's Accel team to help establish Sequoia's inaugural European office. Led the Series A for Bucharest-founded software company UiPath, which went public in February 2021. It was valued at $35 billion at IPO, making it one of Europe's largest ever. 🔶 Garry Tan - founder and managing partner of Initialized Capital, which he left in August 2022 to become the CEO of Y Combinator. 🔶 Laurel Bowden - She was the first European partner of 83North, which manages $2.2 billion of assets in Europe and Israel.

hopefully, we pull back >10%