Startup advice from @nivi and @naval.

Joined December 2007
Venture Hacks retweeted
There’s very little innovation in VC. I’m starting a new project to fix that and there’s room for one founding engineer. angel.co/l/2mjFZk
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Venture Hacks retweeted
“So all the agreements and such are only as solid as the performance of the business. They can all get torn up in a nanosecond if things don’t go well.” - @fredwilson
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Venture Hacks retweeted
Formula for a successful entrepreneur. Can build or sell with the best. Doesn’t give up. Knows when to pivot. The end.
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Venture Hacks retweeted
Product, traction, team, social proof. There's no better résumé for a startup. xitter.cf/nivi/status/1128307660…
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Venture Hacks retweeted
The goal of the ‘How to Get Rich’ podcast is to make timeless material, not to sell ads or keep you listening.
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Venture Hacks retweeted
If Lyft is trading down when the lockup expires, the IRS still takes their cut at $78.29 a share. That means employee tax rates are different (worse) than what you might expect. At today's close of $59.90, the effective tax on employee RSUs (assuming 45% marginal rate) is 59%.
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If you’re ready for a Series A, your seed investors will be begging to introduce you to VCs. That’s how’s they avoid getting boxed out of the round by the new investors. h/t @jake_zeller
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Venture Hacks retweeted
If it’s not obvious by now, all but a handful of VCs are going to get crushed by operators like Andreessen, Sacks and Rabois.
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Writing is a design problem. Dieter Rams: “Indifference towards people and the reality in which they live is actually the one and only cardinal sin in design.”
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