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Kled AI Founder, Avi Patel: “ VCs broken, VC sucks. Every VC is usually very flawed in beliefs and values and will kill your company. VCs deserve no part in your company. 90% of the time they're evil, horrible people across the board and raising onchain is simply much... show more

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13,677 views • 9 months ago •via X (Twitter)

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Groq Founder Jonathan Ross explains why all the West Coast VCs missed on investing in Groq: “Typical West Coast VCs are more like lemmings. Ttypical East Coast VCs all think that they're smarter than each other.” “So when you try and raise from the West Coast, if one VC puts money in, all the others want to put money in.” “In New York, one VC investing means nothing. They're going to run their own analysis. They do not care what other VCs are doing.” “The flip of that is, if you're on the West Coast and one VC passes, they're going to go tell every other VC, and like lemmings, they're all going to pass as well.” “All the VCs on the West Coast didn't want to invest in us. We had very few of the typical VCs invest in us at the end. We had a bunch of crossover funds from the East Coast investing.”

Groq Founder Jonathan Ross explains why all the West Coast VCs missed on investing in Groq: “Typical West Coast VCs are more like lemmings. Ttypical East Coast VCs all think that they're smarter than each other.” “So when you try and raise from the West Coast, if one VC puts money in, all the others want to put money in.” “In New York, one VC investing means nothing. They're going to run their own analysis. They do not care what other VCs are doing.” “The flip of that is, if you're on the West Coast and one VC passes, they're going to go tell every other VC, and like lemmings, they're all going to pass as well.” “All the VCs on the West Coast didn't want to invest in us. We had very few of the typical VCs invest in us at the end. We had a bunch of crossover funds from the East Coast investing.”

David Senra

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"80% of the culture of a company is defined by the personality of the founder. Facebook is Mark. Google is Larry and Sergey. Our job as leaders around founders is to help articulate the culture that they're creating, and to help extend it. Your job is to build a company that would make a decision the way the founder would when they're not in the room. That is the work of building a company around a founder. Your job is not to shape culture. I've seen and watched friends like try to shape a set of values at a company, and it just doesn't match who the founder is. You say move fast and break things, and your founder loves ambiguity and is perfectly happy with not making decisions—all that leads to is cultural dissonance." — Molly Graham

"80% of the culture of a company is defined by the personality of the founder. Facebook is Mark. Google is Larry and Sergey. Our job as leaders around founders is to help articulate the culture that they're creating, and to help extend it. Your job is to build a company that would make a decision the way the founder would when they're not in the room. That is the work of building a company around a founder. Your job is not to shape culture. I've seen and watched friends like try to shape a set of values at a company, and it just doesn't match who the founder is. You say move fast and break things, and your founder loves ambiguity and is perfectly happy with not making decisions—all that leads to is cultural dissonance." — Molly Graham

Lenny Rachitsky

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Indian VCs have a very low-risk appetite. Compared to, say, an American VC. As we will see more and more power-law outcomes in India, the risk-taking appetite of VCs will increase here too.

Indian VCs have a very low-risk appetite. Compared to, say, an American VC. As we will see more and more power-law outcomes in India, the risk-taking appetite of VCs will increase here too.

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Avi Patel says VCs will hand you millions if you say “AI” three times in a Stanford hoodie “If you dropped out of Stanford and walked into a VC office wearing a Stanford hoodie, acted really rude to the VCs, didn’t value their opinions, and said the word AI maybe three times, you’d usually get a check for a couple million dollars” “The problem is that a lot of Stanford kids are not smart autistic, they’re just retrdd. They don’t have brain cells, they don’t know how to communicate, and they can’t build a company or code. So they walk in and the VC mistakes the kid for the next Mark Zuckerberg with flip flops and a Stanford hoodie, and just puts infinite money into them. It’s like this is the most brain dead shit ever”

Avi Patel says VCs will hand you millions if you say “AI” three times in a Stanford hoodie “If you dropped out of Stanford and walked into a VC office wearing a Stanford hoodie, acted really rude to the VCs, didn’t value their opinions, and said the word AI maybe three times, you’d usually get a check for a couple million dollars” “The problem is that a lot of Stanford kids are not smart autistic, they’re just retrdd. They don’t have brain cells, they don’t know how to communicate, and they can’t build a company or code. So they walk in and the VC mistakes the kid for the next Mark Zuckerberg with flip flops and a Stanford hoodie, and just puts infinite money into them. It’s like this is the most brain dead shit ever”

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Elon Musk on why he started digging: “One of the most soul-destroying things is traffic. It affects people in every part of the world. It takes away so much of your life. It’s horrible. It’s particularly horrible in LA.” That’s why The Boring Company exists.

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For those in the back row who think it is startup world in a 2012 replay with AI companies, not heeding the words of the very person you base your industry is foolish and will cripple the US. LISTEN CLOSELY and if you work for and AI company make your boss listen.

For those in the back row who think it is startup world in a 2012 replay with AI companies, not heeding the words of the very person you base your industry is foolish and will cripple the US. LISTEN CLOSELY and if you work for and AI company make your boss listen.

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“ A super high bar for a VC is: do no harm.” travis kalanick says only 10% of VCs are able to do no harm, and only 1% are actually helpful: “ An operator who's running a company, if they're good, is a grandmaster of chess.” ”And the VC is a chess enthusiast. They check in on the chess match once every three months and they're trying to make a mark on the world. They have an opinion.” “And you're like, don't go to Jordan and tell him how to dunk, and definitely don't go to him and tell him how to dribble. But it's hard because everybody has an opinion.” “The way to think about it is—you're on the Serengeti. If an antelope limps in the Serengeti, the lion will take it down, even if it's not hungry. Can't even fucking help it. It's just what he does. That's kind of the nature of most VCs.”

“ A super high bar for a VC is: do no harm.” travis kalanick says only 10% of VCs are able to do no harm, and only 1% are actually helpful: “ An operator who's running a company, if they're good, is a grandmaster of chess.” ”And the VC is a chess enthusiast. They check in on the chess match once every three months and they're trying to make a mark on the world. They have an opinion.” “And you're like, don't go to Jordan and tell him how to dunk, and definitely don't go to him and tell him how to dribble. But it's hard because everybody has an opinion.” “The way to think about it is—you're on the Serengeti. If an antelope limps in the Serengeti, the lion will take it down, even if it's not hungry. Can't even fucking help it. It's just what he does. That's kind of the nature of most VCs.”

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Elon Musk explains why the values we build into Grok today could shape the superintelligence of tomorrow “The future is overwhelmingly AI and robots” AI will eventually become too intelligent for humans to simply control it But just like raising an incredibly intelligent child, we can still shape the values and beliefs it grows up with That is why getting AI right matters so much

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Elon Musk: Lots of hard work followed by death is usually what happens when people start companies. “The reason I say starting a company is like eating glass and staring at the abyss is that in order to make a company successful, it requires doing a lot of painful work, work that is not fun, working very long hours, and then, maybe your company survives, maybe it does not. And the vast majority of startups fail. Lots of hard work followed by death is usually what happens when people start companies. That's why I say if people need words of encouragement to start a company, they should not start a company.” WELT Economic Summit, January 28, 2025

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Avi Patel (Avi Patel) CEO of Kled (Kled AI) explains the situation with Luel, says he welcomes competition but larping in Silicon Valley has gotten out of hand: "You go fund this company run by an 18-year-old that dropped out of Berkeley... that one-to-one ripped off my entire company and then on top of that also is faking their compliance." "On their user page, which shows the live user count, it was a manual number counter that was going up. It wasn't even like something that was pulled from an actual place." "50% of their web traffic was from Nigeria... they are manually going out there and bolstering their numbers with Nigeria and actively accepting these fraudulent uploads so that they can look good in front of investors." "As an investor of Silicon Valley that is supposed to be prestigious and honourable... there is no world in a million years where you should give that company $31 million."

Avi Patel (Avi Patel) CEO of Kled (Kled AI) explains the situation with Luel, says he welcomes competition but larping in Silicon Valley has gotten out of hand: "You go fund this company run by an 18-year-old that dropped out of Berkeley... that one-to-one ripped off my entire company and then on top of that also is faking their compliance." "On their user page, which shows the live user count, it was a manual number counter that was going up. It wasn't even like something that was pulled from an actual place." "50% of their web traffic was from Nigeria... they are manually going out there and bolstering their numbers with Nigeria and actively accepting these fraudulent uploads so that they can look good in front of investors." "As an investor of Silicon Valley that is supposed to be prestigious and honourable... there is no world in a million years where you should give that company $31 million."

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