Alex Iskold | 2048.vc
@alexiskold
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VC | Lead Pre/Seed @2048vc | Pitch me https://t.co/7RMuMRnXF1 | Coach @HarvardHBS | Blog https://t.co/0DoDmSLmNZ | Systems Thinker
New York, NY
Joined March 2007
Pre-Seed should not take months and months to raise! We are thrilled to announce that @2048vc is launching Pre-Seed Fast Track to help you get funding in 10 business days. If you are raising $500K - $1.5M Pre-Seed round in Vertical AI, Deep Tech, Health or Bio we would love to
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The 5 hardest conversations every founder eventually faces, what did I miss? 1/ When a high performer becomes a cultural drag. They still drive numbers, but you can feel the cultural damage spreading. 2/ When the strategy you spent 12 months selling isn’t working. You stand
So much of doing good business comes down to courage...having a hard conversation, turning down prestige to find a higher hill, being willing to look genuinely dumb for a while to people you care about. Not all hard things are valuable but all valuable things are hard.
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Did you know that if you find $50 on the sidewalk you're supposed to report it on your taxes? But if you get a $10 million life insurance policy, you generally don't pay a penny in taxes. @raymadoff @BCLAW on the strange story of how the tax code came to punish work (even
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I recall that @reedhastings said we need to become @HBO before HBO becomes @netflix. Well Netflix not only became HBO it became the whole Warner Bros. WOW! Testament to how tech focused disruptors just absolutely destroy incumbents. Blockbuster was the easy first...
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Founders come from all kinds of backgrounds and corners of the world. I believe firmly there is no 1 winning archetype. But there is a specific type of 1st time technical obsessed founder that is so remarkable. Unstoppable. Don't know walls exist. A bit naive. Magical.
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Even bigger advantage that if you do that and do it right you can get incredible step up in basis and your QSBS would be multiples more ! Example if at the time of conversion you raise on $5M post money your tax exclusion would be $50M - 10x basis vs $15M if you start as c-Corp
Conventional wisdom in startups is to start as a C-Corp. But, it actually might be more advantageous from a tax perspective to start as an LLC. Loses can flow through the founders (owners) and when doing the first priced round can do the flip to a C-Corp. Not financial advice.
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A raccoon broke into a Virginia liquor store, smashed bottles, drank the spilled alcohol, and was found passed out on the bathroom floor. Animal control confirms he sobered up safely.
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1. KNOW IT ALL The founder never says - I don't know. They are not just convinced in their idea, which is great, they are convinced they are ALWAYS RIGHT. Investors are looking for founders who are on a journey of discovery, curious, and flexible.
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Over the years we have met with thousands and thousands of founders and backed many great startups. Here are the reasons VCs pass on startups - some are rarely discussed and rather personal and nothing you can do about them. Here we go 🧵👇
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Thank you for all the tweets! Best way to pitch us @2048vc for pre-seed is
2048.vc
Pitch 2048 Ventures through Pre-Seed Fast Track and we will lead your round with a $250K - $750K check. Get money in the bank within 10 business days of the first meeting.
Closed a deal 2 days ago - and looking to do more !!
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Fun conversation, thank you for having me @AlfieGWhattam.
This was a masterclass on building startups... Thanks @alexiskold for coming on the podcast! Spotify - https://t.co/PHqiJgMHwh YouTube - https://t.co/wItFd13IlF Apple - https://t.co/0t2dSn7LYI
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📚Blog Post: How to Setup Your Investor Funnel https://t.co/XPhausK5U7
@2048vc // #startuphacks // #VC
startuphacks.vc
We've written here about spending time preparing for fundraising . We also talked about various sources of startup capital .Fundraising is much like sales - it is numbers game, and it is best...
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Closed a deal 2 days ago - and looking to do more !!
Who are the investors still investing in december? Raise your hand
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Because Trump is working for Putin and all he cares about is getting paid. He would sell anything and anyone. It’s not specific to Ukraine.
I’m just an ordinary Ukrainian soldier, and I don’t understand: Why are American politicians🇺🇸 aggressively pressuring Ukraine🇺🇦 to make peace, instead of pressuring the aggressor - Russia🇷🇺?! Why does the United States🇺🇸 have a long list of demands for Ukraine🇺🇦 but none for
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Looking to raise $500K - $1.5M Pre-Seed for your Vertical AI, Deep Tech, Health or Bio startup? We’d love to meet you! @2048vc Pre-Seed Fast Track helps you get funding within 10 business days. No b.s., no gimmicks, no time wasted. Just a fast and transparent process. Learn
2048.vc
Pitch 2048 Ventures through Pre-Seed Fast Track and we will lead your round with a $250K - $750K check. Get money in the bank within 10 business days of the first meeting.
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📚Blog Post: How Much Capital Should Your Raise? https://t.co/NQUrJpp10j
@2048vc // #startuphacks // #VC
startuphacks.vc
When you are going out to fundraise you need to decide how much capital to raise.A typical answer we hear looks something like this: We need to build X features in our product, and we need to hire Y...
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If you are actually demoralized as a founder when fundraising isn’t going well you don’t have strong enough of a true north and should probably power down. Founders who make it happen are absolutely undeterred.
I talked to a startup today that had been forced to take so much from investors and whose expenses were so low that they could put the money in bonds and fund their operations off the interest. I told them they should.
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Yes, we did. What about after lunch?
Did you know that just taking a 30-minute walk after dinner can have a huge impact on regulating your blood sugar and reducing your risk of disease, and that helps your body become more insulin-sensitive, which means less body fat, less inflammation, and less belly fat?
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100% Old proverb: Morning is wiser than evening
As I get older I'm realizing that not much good happens after 10pm.
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Any founder pitching on shoring as a catalyst should realize that someone pitched off shoring the same way a few years back. These are trends not permanent states or visions of the future.
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