Margot Schmorak

We heard a guy on the street say “next we’re meeting with the CEO” My 6yo son turns to me: “that guy is going to meet with you mom!” Me (smiling): “honey there are a lot of other CEOs out there” Him: “Are they all moms like you?” ❤️❤️❤️❤️❤️

@alexisohanian Not just paid but if you don't engage you get kicked out and have to rejoin.

Bullish on online communities where people are willing to pay for membership.

@gkamstra @lolitataub Yes.

🤔Asking for a founder: I raised a $2M seed round. All investment docs signed. The lead investor committed $1M, and filled the round with other VCs. When I closed the other money, the lead investor only sent $50K. What do I do? Sue?

@bznotes They gave away a lot of their company for that investment!

$113m seed round.

@RomeenSheth it sucks because the companies who report ARR more conservatively get dinged.

Founders and investors are using "ARR" really loosely these days...

@RomeenSheth This is so cool

Walt Disney created one of the all time "business vision boards" for Disney in the 1950s: - Thought through all the network effects - Connected the dots between 5+ different businesses - Mixed hardware, software, digital and print - Understood the specific connectivity between each offering - Creativity as the core competency of the company (the toughest moat to break)

☕️ I was totally caught by surprise yesterday having coffee with @SusanSearchPro to let me know that I'd won an award in London! Im honored to receive the 2023 @STRentalz Shortyz Pioneer Award - Sponsored by @vrbo thank you @hostfully team ❤️

@STRentalz @vrbo Wow thank you @STRentalz for the honor!!!

Congratulations to the winner of pioneer award Margot Schmorak - sponsored by @vrbo - huge congratulations!! #TheShortyz

@Ackermanjay She sounds like an awesome lady. ❤️ sorry for your loss Jay.

This weekend we said goodbye to my mom, Janice. A woman who through actions not words taught me to bust through barriers, be adventurous, and value family. I developed my most valuable trait from her, scrappiness. I love you mom. #Family

@bznotes This guy is so awful 😢

These dangerous orators…they destroy nations as they spout nonsense to promote themselves and their wares.

@ericbahn This is a great perspective and YES.

After owning a sports car for 6 months, I'm pretty sure I won't ever get one again. The Problem: TOO MUCH MALE ATTENTION. Men are constantly approaching me with questions, or want to race. So to women everywhere: I walked 0.000001 miles in your shoes, and I'm already annoyed.

@marcrandolph @RomeenSheth @netflix I wish more CEOs would talk about this - women and men. Protecting and prioritizing one’s closest relationships (partner and kids) makes everything more worth it. Thanks to you both.

@RomeenSheth @netflix Thank you for sharing.

I came across this wonderful piece from @marcrandolph, Co-Founder of @netflix, the other day. Highly recommend reading it and internalizing it. 5 key lessons I pulled away from Marc’s reflection: 1. Everyone should have a north star - success is what you make of it; money, influence, impact, balance, intellectual satisfaction. There’s no right or wrong; it’s different for each person. The worst thing you can do is build a life around somebody else’s definition of success 2. Values are easy to have, hard to uphold - Your values shine through in difficult times - Extending Marc’s example, it’s not difficult to wrap up at 5 pm on a quiet Tuesday. In a crisis situation, it is difficult, but not impossible. If it’s truly a value, it will be upheld in rain or shine. 3. Compounding is magical - It is so difficult to measure the compounding quality of non-quantitative actions. In business, we see the impact our decisions have daily; these are easily measurable and can be measured over hyper short duration timeframes. It’s why we gravitate towards them - instant gratification. What we don’t see however is the impact of daily decisions that aren’t easily measurable, e.g. an individual conversation with a colleague, a sit down dinner with a family member, daily inward reflection. In my experience, these decisions don’t breed instant gratification, but they are so important - they’re the source of enduring and sustainable long term gratification. 4. Balance comes from imbalance - I’ve found that the best way to achieve enduring happiness is to go “all in”on whatever you’re doing. If you’re at work - go all in; focus, be the best teammate and leader you can be. If you’re at home - do the same; be the best spouse, partner, parent, sibling, you can be. 5. Constraints force impact - This has been a learning for me as I’ve scaled myself as a Leader. The biggest challenge when you’re operating a high growth business is focus; my friend has a simple framework he uses that I love (and stole!). Every company earns the *right* to do a handful of things really well. No more, no less. Inserting constraints forces you to focus, prioritize and spend time on areas that are highest impact and highest leverage.

@nickpiscotty This is how I met my husband, so yes. 😂 also thanks for the feature…

Unpopular opinion: Poker is a far better skill to learn than chess. Sadly, poor branding prevents it from being taught at schools.

Incredible! Being product builders, I’m sure y’all will appreciate this speed to market: 11am: OpenAI launched GPT-4→ we got on the waitlist 2pm: we got access to GPT-4 4pm: we rolled out GPT-4 powered analysis Needless to say, our engineering team is pretty badass!

@RomeenSheth 💯

Agree with Garry. 120,000 current jobs on the line. 12M+ future jobs on the line.

🚨 Thrilled to be working with a group of friends to launch Seed Checks: a collective of 16 investors representing $100M+ of capital to back the next generation of great companies. What is Seedchecks and more importantly how do you pitch your startup? Read on…

@robertmclaws @villi @Tawheed @SVB_Financial @mercury I totally agree with @robertmclaws - this has been my experience

@villi @Tawheed @SVB_Financial @mercury The market is speaking. Maybe it’s time for the Wells Fargo of startup banking to actually listen for once.

SVB is the most important capital provider to tech startups and the biggest supporter of the community. Now is the time to support them.

@ShaanVP 🏴‍☠️

who still lives in SF / bay area? I'm planning something cool - need to know who still lives around here. reply with a 🏴‍☠️ if you're still here

To the community of @VCBackedMoms: I can’t think of a group who understands the joys and challenges of my life better than you. Thanks for being there. @schmorak @linamelia

@mtgreenee Man that sucks. I was attacked and screamed at in 2018 by an insane woman named Marjorie Taylor Greene. She had no respect for the privacy of me as an 18 year old school shooting survivor or my staff. She was self righteous, insane, and completely out of control.

@RomeenSheth @Compound Yup. I remind myself of this all the time. 5 actions and 5 mistakes is always superior to doing 1 correct action. In the former, you’ve learned 5x compared the latter. So the next action is much more likely to be correct. Unless you’re not paying attention to signals.

The biggest mistake I see young professionals make early in their careers: proxy analysis and a lack of bias to action. In the third screenshot essay of my new series The Compass (with my friends at @Compound), I shared my thoughts on how to break through this barrier: