Auren Hoffman
20.7K posts
Auren Hoffman
@auren
CEO, NQB8. GP, @FlexCapital. fmr CEO, @LiveRamp. loves: crazy ideas, weirdos, and email. host: Summation podcast. reading: @AurenReads
Washington, DC
Joined November 2006
- in 1993, the President was ~30 years older than me. in 2002, the President was ~30 years older than me. in ~2018, the President was ~30 years older than me. today, the president is still ~30 years older than me.
- I want to live in a world where friends feel ok to drop by each other's home unannounced
- so i tried to transfer $10k into my bank account got this ...
- Poland is about to overtake Japan in GDP per capita. no one who came of age in the 1980s can comprehend this.
- after making 140+ angel investments, the only criteria that seems to be correlated with success is the founders’ cash compensation. the lower the cash comp over the first four years, the higher the likelihood of success. I’m not sure why.
- Replying to @NicoleBehnamPretty much everything is a scam. That is what makes life so interesting.
- when a tech company promotes its CFO to CEO, it usually is not a good sign
- when I was in college (in the 1990s) I would send cold emails to Steve Jobs (then CEO of NeXT) and Steve Ballmer (then #2 at MSFT). both would reply within hours ... to a college student not sure if they're successful bc they're responsive or responsive bc they're successful
- when i lived in SF I used to see Jack Dorsey walking 2+ miles to work every day. no head phones, no podcasts, no music. just walking. and thinking when was the last time you had a full hour just to think?
- Jeff Bezos: “Being wrong might hurt you a bit, but being slow will kill you.”
- knew VC was power-law driven ... but did not realize that just 4 companies have driven 85% of YC's realized returns. insane power law!
- most of success in life is just following up with people at least 20 times
- my goal this year is to make 100 seed investments (~$300k checks). if you know an amazing founder, pls DM me.
