Jason Lemkin

Good piece

good article I'd add a section on state QSBS ca is the single worst in county I think

I still think the single best post I’ve ever seen explaining Venture Capital and how it works was this concise answer on Quora from @bgurley on why they invested in Webvan:

Great thread! Write it up for [link] if you want

It’s a great post and summary of something we are all seeing. I think inflation is new-ish in SaaS though and a new “competitor” we haven’t for the most part had to deal with before.

Great post An adjacent point writing up in my LP report tonight:

Pretty stressful reliving this through Stewart’s thread but also an amazing snapshot of tech history

Important thread. Abstracting one level up, different types of investors have different odds of closing a term sheet Are types of investors where odds are < 50%, and types where odds are 90%, and types where it's basically 100% Founders need to learn which they are talking to

Good post

Yeah it's a great thread I think many unicorns can grow into their valuations But few will be able to grow into a 2x or higher upround at current multiples

I would recommend all founders read this post Christoph dives into why founders get in trouble with their burn rates when growth slows It’s not 100% intuitive to founders, and they end up falling deep into trap when growth slows and their runway is far shorter than they thought

Good post to write up for SaaStr …