nick.base.eth
@nickprince.eth
Super motivating engagement, especially from the comments 💜 I’ve never explicitly set online social goals but I’m doing so with Warpcast Goal: 30 consecutive days of engagement Primary success metric: opening Warpcast everyday before X Secondary success metric: 10k followers Guardrail: leaving responses on read Join me on my DAU journey. Also AMA (always)
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Anaroth
@anaroth
In regards to “investing money if you could” What criteria helps you decide what a worthy angel investment / seed round could be? Have a goal to write my first check this year, but looking for a little advice
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nick.base.eth
@nickprince.eth
Early stage, single most important thing is probably “does this founder/leadership have the fortitude to not give up when things get hard, and the perseverance to continue building for 4+ years?” Harder part is answering that question, which is where founder track record is helpful. Wouldn’t invest pre-product in a first time founder (not enough evidence to suggest they can build something of value) Valuation matters and needs to be contextualized relative to the TAM being perused (eg is it niche or could it change the world) Anything on less than a 4yr horizon is a trade and I won’t give trading advice, other than to not do it with a meaningful share of your net worth If you’re getting into seed/venture — write small checks because most will go to zero and you want to be able to take a number of shots on goal (the venture model)
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