Good morning 👋
And happy Friday.
Last week we toyed the idea of a mastermind event for readers.
Hosted somewhere cool to sweeten the offer (Costa Rica, Miami, Orange County, Charleston, etc.)
Small groups of 5-10 to make it exclusive
Mix of work conversation + play to build real relationships with others that go
Private chef and food included
Optional activities (tennis, golf, surfing, yoga, etc.)
It sounded like a lot of you would be interested in this sort of thing, so we’re getting to work to make that happen - we’ll keep you posted once we have updates.
Let’s get into today’s piece.
Today’s highlights
Technology Brothers latest show idea is taking applications
Good suffering
Maxims from Jensen Huang
NorCal family office starter pack
TOP
PMF or Die ☠️
These guys keeping coming out with bangers.
Here’s the idea:
Lock a small founding team in a studio apartment (the “cage”)
Give them $25K in funding and only enough food/caffeine/nicotine to last for 90 days
The team “escapes” the studio if/when they achieve $1MM in ARR or once the 90-day period wraps up
The whole process will be documented and shared daily through Technology Brothers
Founders get millions of eyeballs and be coached by some of the most accomplished founders in the world while in the cage
Genius idea that lots of people will watch.
Here’s the full announcement: https://x.com/jordihays/status/1879235488571400458
And here’s the application for those of you who think you’re up for it: https://forms.fillout.com/t/8DFKnTNuYBus
Search Partners
Make an intro 🤝 get paid
VC runs on introductions, so we’re trying something new:
If you can intro our team to the hiring manager for any new venture posting, we’ll pay you for the intro.
All you have to do is set up the call, tell them we want to help with the search process, and "voila” - you get paid.
Here’s the elevator pitch on our search business:
We exclusively work with VC, growth equity, private equity, and family office postings
Explore a talent base of 2,500+ vetted candidates 👀
Our team sets up 10+ intros for you 🤝
Don’t pay until we finish the job and find the right hire for you ☑️
60-day money-back guarantee 🔄
LINKS
😣 Good Suffering: Jensen Huang, founder of Nividia, reveals his success comes from struggle and having high standards but low expectation
💲 How to Communicate Equity Value to Employees: This CFO explains how to demystify the value of equity to potential hires and employees
💫 Rising Stars—10 Startups with Strong Momentum and Success Signals: Data-Driven VC drops their picks of the week
👌 Good Job Descriptions from the Most Loved Companies: Founder Resources provides many examples to peruse
👂 9 Lessons I’ve Learned from Buffet and Munger: Shane Parrish lists some wise words from two of the all-time successful investors
TWEET
HEADLINES
Goldman Sachs chief David Solomon questions start-ups’ need to list (FT)
Anduril Doubles Revenue and Plans $100 Million Employee Tender (The Information)
Google to Give Businesses AI Tools Whether or Not They Want It (The Information)
Coinbase to Offer Bitcoin-Backed Loans Through Morpho (Coindesk)
PE exits revive after 2-year lull (Pitchbook)
TikTok users’ attempted migration to Chinese app RedNote isn’t going too well (TechCrunch)
MEME
POLL
Will TikTok get banned in the US over the weekend?
Thanks for reading this far and giving us a little bit of your attention this week.
Feel free to unsubscribe whenever this stops becoming valuable to you.
- Clay
RESULTS
Here are the results from our poll question in yesterday’s piece:
Would you starting paying for ChatGPT Plus to get access to Tasks?
🟩🟩🟩🟩🟩🟩 Yes - I need this (6)
⬜️⬜️⬜️⬜️⬜️⬜️ No - I don't see myself using this (0)
🟨🟨🟨⬜️⬜️⬜️ I'm already paying (3)
🟨⬜️⬜️⬜️⬜️⬜️ Just show me the results (1)
