Are you in NYC next week for NYC Tech Week (#nyctechweek)? We're throwing a party on Wednesday evening -- hit me up for an invite. It'll be a great group of old friends and new!
I typically reserve this space for my sometimes thoughtful, sometimes goofy, sometimes relevant, sometimes on-point professional posts.
But today, I have something special and personal to share.
Hey look, we launched something new today! I couldn't be more excited to announce the launch of The Community Fund with @lolitataub! We're looking to grow our founding investment team so follow the thread below or learn more over at thecommunity.vc!
🥳AWESOME NEWS! Today @srcasm + I soft-launched The Community Fund, a $5M fund focused on early-stage community driven-companies. Yeah, I'm a GP now! Thx all. 👏🏽👏🏽👏🏽
And, we’re looking for founding members for our investment team! Learn more + apply.
thecommunity.vc
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I'm excited to announce @NextWaveNYC, a new pre-seed fund from @Flybridge designed to catapult NYC's most innovative startups into the global spotlight. With a focus on AI, we're here to back the game changers. #NextWaveNYC
Meet the whole team at nextwave.nyc/teampage
Shutting down a business is the most difficult decision a founder will make.
But entrepreneurs lack an effective framework, and most investors won't give a straight answer.
Here's how to decide if it's the right time to shut down a business:
This entrepreneur dropped out of college when his mom was diagnosed with stage IV lung cancer.
5 years later, he and his dad built a car company and a YouTube channel with 350,000+ subscribers.
Here’s their story…
The venture capital winter accelerated into a full downturn in 2023.
Both deal volume and funding fell to levels not seen since 2016/2017.
Here are 8 key data points that capture the depth of the pullback:
Five attributes I look for in founders:
1. Miracle workers:
Sometimes, founders achieve feats that seem impossible.
It could be hiring a former CTO from a renowned company, or securing a major contract with an industry giant.
Miracles turn obstacles into opportunities.
Raised by a single Peruvian immigrant mother, Cheryl Campos learned from a young age that her best chance to escape poverty was through education.
This is her story:
I got sober over two years ago. I didn’t go to AA but had a phenomenal support system around me. I decided to do it without a formal program and it’s stuck. That’s okay. If you need the program, use the program. Getting help is okay!
I’ve been on a GLP-1 for a little over a year
