Kjerstin Erickson (KJ)
@Kjer
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Just out here buildin' a billion $ hold co - but make it with ❤️. CEO Arising Ventures: we buy high-margin tech cos. Currently running: https://t.co/ivHXzZPy6J
San Francisco, CA
Joined January 2009
Calling the Cracked! 1 month, 1 Mansion, 10 Gen Z Creators... @SoftgenAI is launching a revolutionary new business model next month, and aiming to break the internet in the process. As such, we're hosting the first-ever⚡️Softgen Cracked House⚡️ -- an immersive creative
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“Just another…day in the @SoftgenAI office!” 🤣 When the storm hits Lake Tahoe after having too much fun with the https://t.co/06TNQHHUKk crew ⛰️ 🚤 🌊 🤷♀️
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Going viral with @SoftgenAI. Check it out.
More people should shamelessly rip off Costco. Price at cost + 15% and make it up in volume. Your customers will love you. Arising Ventures did just this. Acquired one of the leading vibe-coding tools and priced it like Costco. Exiting to their own customer co-op. Pretty cool.
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$33/year + usage. 15% transparent markup. Owned by the people who grow it. With this pricing, we're making it impossible not to give @SoftgenAI a try. Announcing Softgen 2.0 → the world's first selling-selling tech co. Live now at https://t.co/wpbL05gU1Z
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Hi friends! In our quest to make Softgen the highest performing, most user-friendly, most affordable, and most transparent tool on the market (NBD 😅), we have a big announcement coming this week. And we could use your help spreading the word! If anyone here wants to get involved
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Ripping the soul out of businesses in the name of Private Equity is not okay.
This is one of the biggest problems in America and nobody in power cares “Private equity is ruining everything and it's driving me insane. My dog's vet got bought out by private equity. And it used to be this place that actually like dogs. The doctors were so awesome. Now every
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It's genuinely crazy to see how many of the founders/technologists that I grew up with -- who were always at/ahead of the curve -- are now showing signs of majorly falling behind. In entrepreneurship, the AI revolution is NOT about using ChatGPT to review your writing, help you
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GOOD REASONS TO BUY A VIBECODING STARTUP “I’m turned on by a strategic challenge” “I need to be in the arena” “I’m training myself for the AI-era startup pace” “I’ve got a thesis and I want to shoot my shot” “Hot-DAMN this space can scale quick” “I’m committed to learning a
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We consistently hear this feedback @SoftgenAI
46. Softgen It took me 20 minutes to get my app done. Compared to all other tools I've tried, softgen felt the more autonomous. I didn't have to debug things. It did it all on its own. https://t.co/imeRP1ppnV
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The way it works is arbitraging the math: - 7 in 10 deals produce reasonable returns (5-30% IRR) - 1 in 10 deals break out (100%+ IRR) - 2 in 10 deals can lose money Requires strong downside discipline and careful upside swings. Not for the feint of heart.
In VC 1 out of 10 deals needs to work. In PE 9 out of 10 deals need to work. In VC it is better to invest and be wrong than than to pass and miss. In PE its the opposite. Pairing PE and VC is awkward. I doubt it will produces top returns.
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Anyone who believes in self-development and wants to win in life is an idiot if they don’t study @taylorswift13. I contend that more than any man or woman in history, our girl has pulled off the greatest demonstration of the Hero’s Journey that the world has ever witnessed.
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My team and I have been having so much fun building Arising Ventures since the beginning of 2020. When we were just getting started in this crazy world of tech turnarounds, we had no idea just how good our timing would be. We found some amazing deals and delivered some incredible
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I desperately miss the financial reporting of @VanityFair circa 2008-2011. Hoping we’ll at least get reprieves of that glory as we seek to unpack SVB’s collapse and it’s aftermath.
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Terrifying what we’re doing to our bodies.
Fertility is disappearing According to Dr. Shanna Swan, humans now meet the criteria for an endangered species. 1 in 4 couples cannot conceive naturally and that number is skyrocketing. Sperm counts are down 60% Here's what is happening:
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Yet another reason why acquisition prospects and multiples will continue to come down over the next year.
Why are acquihires difficult to do even for large buyers. Let me explain how it works. Let's say you have a startup and you have raised $3-4M in seed capital. You have a few hundred thousand in ARR, but clearly not enough to raise more capital and keep going. Time to sell. 1/
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