Turner Novak 🍌🧢
@TurnerNovak
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Investing @BananaCap_ Podcasting @ThePeelPod
Ann Arbor, MI DM’s open
Joined April 2009
🔥🔥@rrhoover's hot take on party rounds. "In their very first round, a founder theoretically gets a lot more value having 20 investors on their cap table for the same equity as one lead investor. I'd much rather have 40 small funds or angels and be able to put them all to work.".
I asked @rrhoover why he never raised a large fund for @weekendfund:. "Selfishly, I want to play a collaborative game. I want other people to share deal flow with. And you can't do that with a $200 million fund. On the other side, a founder in their very first round
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RT @delk: I'm hiring a Gov Relations Lead. You will be my right hand on all-things-GR. You must be exceptional at navigating state + local….
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TIL eBay bought back almost half its shares outstanding over the past 10 years.
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RT @JohnArnoldFndtn: The Early Decision process for college admissions limits price competition for wealthier students and chance of admiss….
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We really speed ran the entire AGI hype cycle before we got GTA 6.
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Some people are saying this was the best @ThePeelPod to date
Episode #104: @rrhoover, Founder of @ProductHunt and @weekendfund. Ryan’s probably helped more people launch their product than anyone else on Earth. We talk about starting Product Hunt as an email list, and he open sources the growth flywheel that propelled it to one of the most
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VCs who’ve read every blog post when they hear you raised a pre-seed round above $10m post-money
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RT @GarrettLord: We spent 10 years building a massive trusted network across 1,500+ universities. So when we saw PhDs being underpaid and d….
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RT @GarrettLord: AI models have already consumed the internet. What they need next is experts—PhDs, lawyers, economists, musicians—at the….
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"Technology will change dramatically. Human behavior will not.".
I asked @rrhoover Founder of @ProductHunt how AI is changing how we build and launch software:. "Technology will change dramatically. But how people think, and what they're motivated by, will not. Humans will always care about status. And we'll always value an element of human
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type of dude to raise a $50m SPV for a pre-revenue LLM lab
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New pod w/ @rrhoover. - Growth flywheels.- Audience ≠ community.- Every community needs utility.- Chinese peptides.- AI & human behaviors.- Importance of craft.- Many angels > Large funds.- How status has changed in Silicon Valley.- 400x investments.- Why he started LP investing.
Episode #104: @rrhoover, Founder of @ProductHunt and @weekendfund. Ryan’s probably helped more people launch their product than anyone else on Earth. We talk about starting Product Hunt as an email list, and he open sources the growth flywheel that propelled it to one of the most
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The Prosper, TX school district has raised more capital than every AI startup not named OpenAI, Anthropic, or xAI.
Prosper TX school district has more debt than 53 sovereign nations, what municipal finance does to a mfer
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Insane chart.
The staggering drop in new startups in China. Entrepreneurship is one barometer of authoritarianism and its effect on culture. In the long run, authoritarian economies decline because they forestall disruption, and thereby forestall progress.
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New meme template just dropped
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My friend doing bleeding edge LLM research just made his first 401k contribution today.
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"ok GPT5, just create a simple chart accurately showing the numbers, make no mistakes". GPT5:
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The last way out is to invest your life savings into a triple layered OpenAI SPV.
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