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Threadguy explains why he’s DONE with undoxxed founders “If you’re a founder and you’re raising money in public, I’m not interested with the undoxxed thing, I think it’s wack. Like it threw me off with Unwise, your name is Unwise and no one knows who you are? It’s sus...

59,824 views • 6 months ago •via X (Twitter)

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Joe Rogan issues a HEARTFELT apology to Theo Von over his recent comments: “I apologized to Theo. He knows I love him and he said that and we laughed and we joked around about it and I apologized for the way I talked about this. But I felt like I needed to explain to other people too, to get what was going on in my mind out and it certainly wasn’t like covering for Israel and it wasn’t trying to paint him out like he’s damaged or treat him like a child.” “I just want him to be okay. And when you’re dealing with someone, or when you have had experience dealing with someone where it winds up going very badly, and then you’re just left with this feeling, like, what could I have done? You know, I didn’t do a good job of it, especially the Marcus King thing. That’s terrible what I did. I didn’t mean to.” “I was just trying to—you don’t think sometimes when you are in the middle of a podcast. You’re having a conversation, you don’t think about the impact that it’s gonna have. That’s one of the reasons why, you know, podcasts are so weird because like you’re in the middle of trying to be entertaining, but you’re also just having a conversation and I f*cked up because I felt so badly about it. It was like there’s got to be a way to address this where I just express myself and so that’s why we’ve never done this before.” “We’ve never done this kind of a thing after a podcast, but it was very important to me. He’s an awesome person, a great friend, and one of the most interesting and funny people I’ve ever met in my life. And I just felt terrible about it. And I told them I would never bring it up publicly again, but I think it is important to let people know that aspect of it.” “So I’m gonna call him and clear this with him and make sure he’s cool with me saying this, but I’m pretty sure he is gonna be. And that’s it… I’m a human and I’m flawed like all of us and I f*ck up and it’s probably not the last time. It’s definitely not. I’m going to f*ck up again. But my intention is never to hurt anybody, ever. And that’s why I mean I very rarely if ever even get upset at anyone other than like corrupt politicians. But I do my best to just try to be a good person, spread positivity.”

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Keith Rabois: “I tell founders not to worry about runway. Worry about lift.” “If you think about lift in a plane context, a company is only valuable if you achieve lift. Runway is a tactic for achieving lift, and you may need to extend the runway so that you have more time to get lift. But unless you’re actually achieving lift with that extra time, it doesn’t help you.” Keith continues: “I hate when a founder is like, ‘I want to raise this much money because it gives me two years runway.’… That is a stupid way to think about your fundraising.” Instead, founders should ask themselves what they need to achieve to achieve lift, and then work backwards from that. When Keith invests at Khosla Ventures and Founders Fund, they write internal memos about the three key risks to the company. Usually you can’t achieve all three in one financing, so founders should be asking themselves, What’s the most important inflection? And then structure their financing to achieve that. Keith advises founders that it’s ok to let their runway go very low if they feel like they’re approaching lift: “A lot of founders get very bad advice like ‘Oh, you need to have this much runway or you won’t be able to raise money from strength.’ That’s nonsense. If you have traction - if you hit a viral coefficient of 1 with three months of runway - almost every VC on the planet knows how to invest in that company, and it will not be a problem.” Video source: Khosla Ventures (2024)

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