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Joined July 2006
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fred wilson absolutely nails it: avc.com/2014/03/the-bubble-q…
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bad day for net neutrality. fast lane proposal can maybe sort of sound ok til you remember the overlap between networks and content owners
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0 YC interviews down, 340 to go
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We're hosting a DNC fundraiser with Obama at Y Combinator. Here's the invitation if you're interested in attending: scribd.com/doc/219461164/Oba…
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Replying to @betashop
@betashop it had 5 user flags for some reason, not sure why. i think I'm too late for it to matter now but i'll ask dan to remove them.
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partner is super awesome, and often works out really well for everyone involved. in effect, you become the first venture investor in the co
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and also without any one person doing a lot of up-front DD/analysis. but in contrast, coming on board with a 20% of fund bet as a real
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most of these funds end up competing for the same investments and end up at very high prices, without any one person being really committed
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bunch of companies at ~1% ownership each for a 5x fund return--its tough. a few high-convinction bets can do it, though.
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badly. general advice to these people: concentrate your fund in 5-10 investments, maybe less. build a model of what has to happen with a
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crazy number of people are raising angel funds now. i think the common strategy (say, 100 200k investments for a 25MM fund) is likely to do
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i think a mobile-only reddit-like service could do really well
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Replying to @fredwilson
@fredwilson what I think is more likely is that VCs and founders both end up owning less so that employees can own more.
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using a new version of HN that renders on mobile!
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Nevrana is making special hardware for deep learning: recode.net/2014/04/17/nervan…
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it's pretty amazing how much code @paulg wrote while running YC
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