Shashank Khanna
@shashankbuilds
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funny how these stories repeat. this is why we built @CashmereWallet . unfort changing people's habits is infinitely harder than building product.
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RT @soona: P2P is back. This time in Thailand. Still off the record. Panels and podcasts are for polished soundbites and marketing fodder,….
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Big Congrats to @LassuytChristop! One of the finest crypto entrepreneurs of our time.
🚀Request Finance Acquires Consola Finance To Become the Ultimate Enterprise Finance Platform for Both Crypto and Fiat👇
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Congrats to @du_ro and the @WonderVentures team on the new fund! Seriously the best first check ever - hard to find better partners out there.
👋Announcing $102M across our new @WonderVentures IV pre-seed fund & 1st-ever Opportunity Fund to invest in LA's best founders earlier than anyone else!. Thanks to the founders who allow us to be part of their journeys & the LPs who believe in our mission.
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Text 10 people in SF, maybe 5 show up. Text 10 people in NY, 12 show up.
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Bank for VCs might be an interesting startup idea 🤔.
Lots of VC funds reaching out to Mercury:. 1. Yes, we can onboard you (VCs are about 5% of our customers).2. Yes, you can setup custom controls for admins to create wires that need approvals.3. No, we don't have capital call lines right now. Will setup a page with more info soon.
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What if I owe SVB money? Do I not need to pay anymore?.
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RT @garrytan: This is not tycoons sitting around with private jets. This is founders who work 120 hours a week trying to make a thing that….
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My friends launched a dope app! Go check it out 👀.
Excited to share that @PipeAbellos and I just launched Nara as part of @ycombinator. Nara is a ChatGPT-powered nutrition assistant that gives you personalized suggestions 24/7 for new recipes, dine-out options, and food delivery recommendations tailored to your preferences. 1/4🧵
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Interestingly a rise in crypto interest led to a rise in interest in startups. AI seems to have not had the same effect
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Crypto taught me: I suck at gambling. Making money by solving problems >> speculation. I once spent a summer building an irrigation system for a mushroom farm. Startup paid me 500 bucks. 1000x all my speculative gains combined 😂.
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Being okay with sucking at something and still trying is the highest ROI skill I've found for startup founders.
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Customer support is the biggest competitive advantage B2B startups have over big companies. Our guy @_justlilian likes to say.
Underrated fact: customer support makes more money than features.
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When we started a startup we wanted to change the world 🌎. We quickly pivoted to solving a problem someone will pay us money for 💰. We realized profit must come before changing the world 😲.
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In startup land (aka SF) everyone's excited about the next new thing. But the world moves so much slower ---. Go to a bar with a pool table - most of them are still using quarters. Which means in 2023 it's a full time job to go collect quarters 🤯.
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"You're an insignificant nobody". In our startup's early days I was *desperate* for customers 🥺. We would shower love on ANYONE who'd walk in. Until a customer said ☝️ to me. I finally got the courage to fire them 💪. Life is too short to tolerate assholes 🚀.
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Most startup founders hate dilution 😠. I used to see it as giving away a piece of my company 🍕. Post dilution - there's less for me to have. Now I see it as a relationship, you get to share your joys and sorrows with a family 😊.
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