In March 2014 we invested in Doorbot which is now called Ring. Four years later it was acquired by Amazon for $1 billion. That’s a 9,900% ROI! This is why people invest in tech and why founders start tech companies....
@icecube should be studied by writers like #jimcollins who wrote #goodtogreat & #builttolast because he epitomizes those findings. “Good to Great: Why Some Companies Make the Leap... and Others Don't is a management book that describes how companies transition from being good companies to great companies, and...
Ice Cube used to be Amerikkka’s most wanted. 50 Cent was a street thug that robbed other rappers. You don’t have to finish the way you began. If you don’t know Ray Lewis personally, forget the Hall of Famer and...
Not all VC firms are alike! Some are raising their 10th fund with billions under management while others are investing out of their first fund with $5-10m under Mgmt. Some focus on early stage companies, while others focus on growth...
Within 10 minutes of speaking to founders, I can tell if they made it through the “idea maze” or not. The founders that haven’t typically aren’t ready to take money from investors yet. “It has become popular in the startup...
“There is no such thing as a bad investment, just bad prices.” The breakdown of how much your company is worth boils down to 2 factors: risk & competitiveness. RISK: How many points of failure/uncertainty does my business have between...
I believe we can learn more from peoples’ mistakes than we can their victories sometimes. What lessons can founders learn from Kanye, who’s my favorite artist, fellow Chicagoan (#southside)? SEVERAL! Apart from having sold 21m records and winning 21 Grammys,...
I am fascinated with Jay Z, not because of his name, but because he overcame his name. He began in struggle and ended in satisfaction. Your current situation is not what defines you in the mind of God. Your life...
@carmeloanthony is the best NBA tech investor! #uoeno Period. No one even comes close. For four reasons: 1. He’s been doing it longer. I remember him investing out of his own fund 4+ years ago. 2. He has a strategy and sticks to...
Has an investor ever told you it’s too early and they want to keep watching you for future investment opportunities? Or you need more traction with customers or users? One of the reasons is because companies pivot a lot when...