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Zain Jaffer Profile
Zain Jaffer

@zainjaffer

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Former Founder of Vungle (sold for $780M to @Blackstone, 2019) | Now investing & tweeting about Real Estate and Technology

San Francisco
Joined February 2019
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@zainjaffer
Zain Jaffer
3 years
It's absurd how US politicians can be bought by criminals like SBF. Was just on @FoxNews with @JesseBWatters Primetime discussing all this corruption.
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@zainjaffer
Zain Jaffer
10 months
Had a great time chatting with Adam Mendler (@adammendler) about the journey of building Vungle from the ground up, especially as the underdog in the early days. #leadership #startups #entrepreneurship #impact #philanthropy.
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adammendler.com
My conversation with Zain Jaffer, co-founder of Vungle
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@zainjaffer
Zain Jaffer
2 years
Seeing a flood of investor updates as an LP from other real estate GPs - not looking good out there. Preferred returns are being reduced or stopped altogether. Values are down and preferred equity is at risk in some markets or asset classes.
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@zainjaffer
Zain Jaffer
2 years
Working with some of our seed stage Founders who hope to raise a true Series A next. Here’s what I’m saying:. You have 3 options:. 1) If you think growth will be less than 30% YoY: Focus on profitability so you have infinite runway. Make major cuts ASAP to get there as no.
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@zainjaffer
Zain Jaffer
2 years
Those uncapped financing notes are now starting to convert at valuations I never imagined possible. How times can change.
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@zainjaffer
Zain Jaffer
2 years
RT @roohi_kr: Video podcast w/ @zainjaffer dropping next week . Here Zain shares the scrappiest thing he and his co founder did when buildi….
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@zainjaffer
Zain Jaffer
2 years
Zuck can beat Elon if he does 3 things:. 1) Bulk as much as possible to neutralize the weight difference. 2) Do the fight ASAP so Elon is still a fresh beginner with little skill. 3) Develop a game plan focused on grappling tall opponents to counter Elon’s reach advantage.
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@zainjaffer
Zain Jaffer
2 years
Why is there a huge cruise ship docked in San Francisco?. Oh they’ve come to save our people as our city’s leadership continues to run it into the ground!
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@zainjaffer
Zain Jaffer
2 years
The SEC is so incompetent and is holding back innovation in crypto. More of my thoughts on Fox:
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@zainjaffer
Zain Jaffer
2 years
A portfolio company went bankrupt last year. A certain VC backed out after a SIGNED $20M term sheet. Somehow, this startup reorganized their debts and has re-launched!. Never, ever underestimate a Founder. Even after they’ve been knocked down and declared dead by everyone.
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@zainjaffer
Zain Jaffer
2 years
Buying the worst home on the best street can be equally as dumb as buying the best home on the worst street.
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@zainjaffer
Zain Jaffer
2 years
The only convincing investor update is “we have revenue from paying customers”. Not:. - We just shipped our product.- We had good prospect meetings .- We hired someone .- We brought on an advisor.- We won an award. … Blah blah blah.
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@zainjaffer
Zain Jaffer
2 years
I am seeing a flurry of activity across every area of real estate. San Francisco home prices just increased after 8 months of decline. I’m feeling like we are past the bottom of the market:
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@zainjaffer
Zain Jaffer
2 years
As someone who has built many companies and invested in 50+. Building companies is HARD.
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@zainjaffer
Zain Jaffer
2 years
Most advisors are used to getting paid to give their advice to startups. Yet some founders can convince you to give them all your advice for free and you must also invest in them. Oh wait, that’s just called Angel Investing 🫠.
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@zainjaffer
Zain Jaffer
2 years
Elite athletes always have a few injuries at any given moment. Great Founders always have a few fires burning. Basically, the best make no excuses. They just show up and perform!.
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@zainjaffer
Zain Jaffer
2 years
I heard a rumor that OpenAI is looking to move to San Francisco. Lord, please make sure our city politicians don’t screw this up - SF really needs this!.
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@zainjaffer
Zain Jaffer
2 years
If you want to make progress, just show up, day after day, and you’ll achieve everything you can dream of.
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@zainjaffer
Zain Jaffer
2 years
This era of startups will reward copy-cat companies who can clone models of larger competitors who went bust. Many of these companies died not because of lack of demand but due to their capital stack or spending too much.
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