Reading Time: ~ 2 min.
It’s Friday! Another great week in the bag (and the first of April)! Let’s get it in.
- My 1st program. NFTs via a16z. Tab zero? Not bad. Musically. Demo excite!
- Macro? History. Never miss. Byproducts. Process. Deadlines! The WeKing.
- Equitable? Cohort course communities. Getyuzu. Nocode API. Zyla. Invoicy. A/B.
- Good, bad, ugly. Programs. Comm @ Webflow. Enterprization. Be weird.
- Orbit OS. Wow on those resources. Build Dev.to. Startup leadership. LI creator?!
- Reddit chaos. Congrats! Eat frogs. Orbiit. Community guide? This is pro.
- Haters. Highest value first. $305M. Approved! Boomer. Paypal crypto. Stealth!
- Lost founder. Reform transparency. Zoom SDK. Regulation. Range. Robots.
- Building a marketplace? Madness? Zero podcast. Cyonia. Hiring. NFTs quick.
- Digital game night. Yac meet. Covid tech. Reasonal. Anti. Sues. Substack.
To infinity & community,
I make 1-4 angel investments per year; check sizes sit between $5k to $25k. Sometimes I’ll use systems like Republic or AngelList and sometimes I won’t, depending on the entrepreneur.
Now, I’m not a sophisticated investor by any stretch of the imagination as my only “strategy” is to invest in folks that I know and trust. Usually this means that we’ve been friends for a while and we know more about one another’s lives than just the software that they’re trying to build.
I made just one investment last year and it was for a long-time friend (image above); in 2021 I’ve made 2 investments so far and so I’ll allow myself 1-2 more this year, if it happens at all.
Why am I sharing this information? Well, for a few simple reasons:
- I want to build my portfolio; I want to do more investments (in both # of total investments per year and size of check) as I build my own wealth through my projects and my family’s financial planning. I want to start telling more folks that I’m interested in these types of things and to star building out my portfolio.
- I’m starting to develop my own personal investment thesis; I don’t really have one outside of what I’ve shared above and I want to become more sophisticated over the next few years. This is why I spend a lot of time reading about venture capital from “both sides of the table” sotospeak. In short, I need more practice and time in the investor “seat” so I can learn my craft.
- I want to make more money; more specifically (and i other words), I want the extra money that I have to start making money by itself. Investing in high-risk ventures is one way to put one’s “money to work” as they say.
There’s a great deal to “venture capital” that I still need to learn but the fundamentals, as far as I can tell, aren’t that too tough to get started. The hardest part is “deal flow”; getting connected with great entrepreneurs and then shutting the fuck up and listening — really listening — to the plans that they have to build us a much better and more exciting future!
It’s about investing in trustworthy people who are building products that people want and who have a processes and playbooks that are working; hey, this might be the foundation to my thesis!
In any case… I’m listening… hit me up anytime if you’ve got a great project that follows The #CommSaaS Way™️. Have a great weekend!