Efficient VC
SaaS Funding Napkin 2022 large.pdf
This is great, though with the current environment might want to say the valuation column isn't super accurate anymore? But everything else is 👌 Maybe turn down the valuation numbers down a bit (and thus $ raised for each round) and it's a great reference for understanding the different stages and expectations for each round.
Advice for how to break into VC:
(1 min @ 11:38 mark)
https://pca.st/episode/9939911d-0aa4-4385-8544-a1752355070c?t=698
1. Take action by actually making 10 or so angel investments (even at $2k ea). Most people will not take action, so the largest indicator will be that you've actually made the leap on your own with your own money, and figured out your own way of deaflow (even if that's just joining Angel List Syndicates, or Wefunder, etc.)
2. Get as involved as possible with the companies that you've invested in, giving product feedback and helping connect them where it makes sense to
3. Start a blog (efficientvc.com) and document the journey about what you've learned and are learning from your experiences angel investing (Telegram Group = Micro Blog 👋)
4. If you want to work at a VC firm, they want to see you take action and have some level of success on your own. Analogizing a basketball player, just because they really want to be in the NBA, doesn't mean they get the shot at being in the NBA. Taking action, practicing on your own, showing others how you perform, is the only way to actually break into a difficult industry.
(1 min @ 11:38 mark)
https://pca.st/episode/9939911d-0aa4-4385-8544-a1752355070c?t=698
1. Take action by actually making 10 or so angel investments (even at $2k ea). Most people will not take action, so the largest indicator will be that you've actually made the leap on your own with your own money, and figured out your own way of deaflow (even if that's just joining Angel List Syndicates, or Wefunder, etc.)
2. Get as involved as possible with the companies that you've invested in, giving product feedback and helping connect them where it makes sense to
3. Start a blog (efficientvc.com) and document the journey about what you've learned and are learning from your experiences angel investing (Telegram Group = Micro Blog 👋)
4. If you want to work at a VC firm, they want to see you take action and have some level of success on your own. Analogizing a basketball player, just because they really want to be in the NBA, doesn't mean they get the shot at being in the NBA. Taking action, practicing on your own, showing others how you perform, is the only way to actually break into a difficult industry.
Pocket Casts
Ask Jason + LAUNCH founder interviews + OK Boomer with Andrew Yeung | E1551 - This Week in Startups
Friday Variety Show! First up, Jason answers a bunch of listener questions. (1:16) Then, Molly interview two amazing LAUNCH portfolio founders building marketplace businesses! (21:09) To wrap the show, Producer Rachel is back with another edition of OK Boomer…
Motion finally announcing their Series A, listing me in the tweet alongside behemoths like Michael Sabel, Sam Altman (co-founder of OpenAI), and Y Combinator. This feels like one of those moments, one that not many get to have, and just 12 months into my angel investing journey... Just taking it in myself and wanted to share. Feeling humbled.
https://twitter.com/useMotion/status/1571936938822873090
And the TechCrunch Article:
https://techcrunch.com/2022/09/19/2393012/
https://twitter.com/useMotion/status/1571936938822873090
And the TechCrunch Article:
https://techcrunch.com/2022/09/19/2393012/
TechCrunch
Motion wants to automate task planning using AI
Motion, a startup automating task planning with AI, today announced that it raised $13 million in a Series A round led by SignalFire, with participation from 468 Capital and notable angels, including OpenAI co-founder Sam Altman. Motion CEO Harry Qi says…
Making the gamble that is early-stage angel investing takes a lot of self-conviction. With friends asking me where that conviction comes from, I decided to dive deeper and write about it surrounding a new startup that I am currently obsessed with.
https://efficientvc.com/conviction
https://efficientvc.com/conviction
Efficient VC on Svbtle
Behind The Scenes: My Conviction in The Investments I Make
People often ask how I decide what companies to invest in, and where I get the conviction to actually put money in. In thinking about it, most of my investments have come from decades of thoughts about a specific problem that a company is solving....
The blog is now on Substack 🎉
https://digest.efficientvc.com
Feel free to now subscribe to be alerted for future posts (few times a year)
https://digest.efficientvc.com
Feel free to now subscribe to be alerted for future posts (few times a year)
Substack
Efficient VC
Stories from my journey into the world of angel investing, spanning 18 investments over the first 12 months.
Founder-first (for over a decade) at Efficient App. Slightly obsessed with product, automation, and integration. Click to read Efficient VC, by Alex…
Founder-first (for over a decade) at Efficient App. Slightly obsessed with product, automation, and integration. Click to read Efficient VC, by Alex…
Have been wanting to publish this for a long while, decided that today is the day. For anyone wondering, here's a list of every angel investment I've made to-date. Will do my best to keep this page updated.
No write-up/reasoning, just a simple list of the investment / round / date.
https://efficientvc.com/investments
No write-up/reasoning, just a simple list of the investment / round / date.
https://efficientvc.com/investments
Efficient VC on Svbtle
My Angel Investments & What To Expect
Direct Investments # Seed: # Motion (Seed) — 2021 (read the story) Outfunnel (Seed) — 2021 Anakin (Seed) — 2021 Dispatch (Seed) — 2022 Stonks (Seed) — 2022 Dex (Seed) — 2022 Rize (Seed) — 2022 I love early-stage (seed) investing (it’s how I first...
What's frustrating about the Angel & VC space is that people only talk about their wins.
Yet only the full picture tells you what being an angel investor is actually like.
Here's a list of all my investments (which I'll be regularly updating w/ results):
(https://twitter.com/alexhbass/status/1624136689072459783)
https://efficientvc.com/investments
Yet only the full picture tells you what being an angel investor is actually like.
Here's a list of all my investments (which I'll be regularly updating w/ results):
(https://twitter.com/alexhbass/status/1624136689072459783)
https://efficientvc.com/investments
Twitter
What's frustrating about the Angel & VC space is that people only talk about their wins.
Yet only the full picture tells you what being an angel investor is actually like.
Here's a list of all my investments (which I'll be regularly updating w/ results):…
Yet only the full picture tells you what being an angel investor is actually like.
Here's a list of all my investments (which I'll be regularly updating w/ results):…
Had such a blast sharing my angel investing journey, starting with the behind-the-scenes of what led to my first investment in Motion (YC W20)—sharing how the founder, Harry, took me under his wing early on, and how 1 led to 18 investments in the 12 months to follow (and now at 21).
Also shared how my wife and business partner (Andra) joined in on these deals with me, and how I convinced her to take the gamble on Motion, jumpstarting her own angel investing journey.
Even shedding some light on some potential future investments (like Arc), and everything I did to try and get onto the CEO, Josh Miller's radar because of my humble obsession with Arc by The Browser Company
Here's the in-person recording on YouTube:
youtu.be/Wi60rujbPdA
And the show notes/transcript:
efficient.app/post/angel-investing-journey
Would hugely appreciate a "like" and if you feel inspired, a comment to continue the conversation (while showing Wen appreciation for having me on her show).
Also shared how my wife and business partner (Andra) joined in on these deals with me, and how I convinced her to take the gamble on Motion, jumpstarting her own angel investing journey.
Even shedding some light on some potential future investments (like Arc), and everything I did to try and get onto the CEO, Josh Miller's radar because of my humble obsession with Arc by The Browser Company
Here's the in-person recording on YouTube:
youtu.be/Wi60rujbPdA
And the show notes/transcript:
efficient.app/post/angel-investing-journey
Would hugely appreciate a "like" and if you feel inspired, a comment to continue the conversation (while showing Wen appreciation for having me on her show).
YouTube
Building Relationships with Transparency and Intention - Interview with Alex Bass
My special guest in today’s episode of If Not Now Wen is Alex Bass. Alex is a founder and investor who is obsessed with product, automation, and integration. Over a decade ago, Alex Bass founded Efficient App with the goal of helping teams find and integrate…