gloom

You will make a LOT of mistakes if you don't recognize that silicon valley is "old money" now.

Blogger at ribbonfarm.com, running summerofprotocols.com, host of /gloom ☀️

What types of investments do *old money* funds want to make? 

Accounting/Revops AI-SaaS for SMBs?

Gotcha, so the *mistakes* are more of the Philip Pirrip variety?

No that’s the wrong way to think of it. Old money wants to invest in everything same as new money. Alpha is alpha. Pension funds invest in VC and VC invests in crypto. The distinction is about social boundaries. Old money doesn’t want to socially mix with new. Even if it invests in it.