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throwa20200226

12 karma · joined February 26, 2020

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throwa20200226··on Microfunds as a way to gain early insight into promising startups
> In 2019, Guo sent a cold email to Chris Dixon, a general partner at the firm, asking again for capital, this time for a tiny VC fund she was raising alongside tech entrepreneur Dave Fontenot.

hilarious way to start the article. fontenot is a perpetual idea guy, sv brogrammer-turned-mindfulness-and-meditation non-operator. guo afaik was effectively kicked out of scale relatively early on and has been riding the coattails and traveling since then. marc isnt getting any credibility from this opening, which incidentally backend cap surely helped put together as a content marketing piece

interesting commentary on the trend of dealflow, though. with so much capital floating around, VC differentiation is increasingly important. "thought leadership" a la naval is one way to obtain it; earlier and better dealflow via scouts (or scout microfunds) is another.