every time i tell someone that my groupme co-founder and i have an arrangement where we have unconditionally committed a meaningful chunk of our equity in our ventures to each other in perpetuity, they initially think we are batshit crazy

maybe more people should be crazy like this

every time i tell someone that my groupme co-founder and i have an arrangement where we have unconditionally committed a meaningful chunk of our equity in our ventures to each other in perpetuity, they initially think we are batshit crazy

maybe more people should be crazy like this

https://jared.xyz/the-deal

Genart collector. Tinkerer. Investor. Crypto maximalist. Nomadic traveler w/ my wife and 3 kids. Temporarily settled-ish in Spain

@usv | jared.xyz | formerly founder of groupme and fundera 

This is awesome. Thanks for sharing. 

The idea of scaling this level of trust within an asset management setting is alluring.

Have you given thought to how it might be done? It strikes me as a different trust-scaling problem to solve than Uber and AirBnB.

Cc @sydneyjason

Building something new. Host: /venturecapital /adventures /theitinerant

I like the paperless code. 

And it makes intuitive sense…once you’ve been in the trenches with someone and “made it” through to a meaningful exit, there’s a level of authentic trust that’s hard to replicate. That relationship can go as deep as a marriage.

You want them to be successful and they want the same for you.

Perhaps it’s why I’m still collaborating with a business partner on a fourth startup now (his 8th)…