What I read this week
Framework v0.2
Chris Paik shares his multidisciplinary frameworks, lessons, theories, and general worldview with respect to venture capital in this thought-provoking document.
* So many great points on
Remove that ‘exit strategy’ slide from your pitch deck
- You don’t know when that happens and the investor wants a 10x return in the best case.
- Removing the exit slide
Startups that hired rapidly learn the virtue of slowing down
* Premature scale is the the leading cause of startup death
* Have a zero cost of capital is something firms should really know — in
The Magic Eden Miracle: How an NFT Marketplace Soared in the Midst of a Crypto Crash
* When OpenSea launched, the marketplace only offered NFTs created on the Ethereum blockchain. In going all-in on
China VC trend is changing
* As China's consumer internet boom comes to an end, investors are flocking to other categories for red-hot growth. And unlike the consumer boom of the last
