David @SGV avatar
David @SGV
@d
Product builder and investor — @socialgraphvc kindness, compassion, forgiveness
David @SGV avatar
The teams that crack consumer crypto probably won't come from protocol research They'll come from fintech or gaming People who already know how to make 10 million people open the same app twice a day
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Cast this Billboard link and earn your share of the caster pool. The more likes you get, the more you earn. 📺💰 ☝️ created with @neynar app studio
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Tried out the new Snaps by @farcaster on studio for Farcaster Billboard! Advertise on the largest billboard in Farcaster, starting from $1 Also embeds the billboard in your casts and start earning from the pool! Give it a try :)
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David @SGV avatar
A lot of founders get this wrong. Usually it's the simple ideas that just make sense that end up being the best.
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Sins of commission are done by performing actions, while sins of omission are done by not performing actions when you know you should have. In our investment business, this shows up in different ways, mostly in deal flow. Sins of comission include; assesing a company fully and deciding not to invest, to then see the c...
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From our (@socialgraphvc) email today: "gm members, As a distraction from a 50% haircut of your networth YTD, I'd love to share a 2hr interview to Andrew Reed from Sequoia. It's great to see him go deep on investing, and going from Associate to the youngest partner at Sequoia. For some reason, I see myself in him an...
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What would you do if there's 4 very amazing ongoing crypto early stage investment opportunities in your pipeline (@socialgraphvc): (DM me for some tea on who they are and help me make up my mind) One is at the intersection of crypto and ai, specifically tackling what Scale ai did, with a liquid token The second is m...
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$RNBW set out to TGE at 100M, market corrected to 46M Consumer companies trade at 6-15x price / sales (Robinhood, Coinbase, Nu, Revolut) RNBWs annualized revenue is 2.6M If we use the 10x median, it’s a 26M FDV Don’t get me wrong, the team is killer, with 180k MAUs and a great product, but markets are becoming more wary
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See your nails? They’re growing at a 1 nm/sec rate ASML machines allow TSMC to produce chips 5 nm thin, and they have a monopoly on them
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The US mind cannot comprehend what a day it was for football, sports fans and betting platforms
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Crypto VCs don’t like revenue Bootstrapped 4 person team, 0 marketing, young and hungry founders, novel and misunderstood market for boomers This team would easily receive a term sheet at 5-10M valuation range but because it’s not the most novel L1 Hmu for an intro
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The key disrupting web3 social player will be the one who counter positions and flips the ad economics on its head. The current web3 social lego blocks are table stakes: Every account has a wallet. Read and write is permissionless. Clients drive competition. The new lego block should be an auction based ad model, ...
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David @SGV avatar
Good time to bring this conversation back - our memo on investing in Neynar. Started as a no-code tool, now a codegen tool
write up from an async back and forth @d and I did over the last week :) https://paragraph.xyz/@socialgraphventures/neynar
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Neynar goated
THANKS FOR ALL YOU DO NEYNAR
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A sense of urgency doing business is a key trait from founders They skip the small talk, go into the main business conversation in 1 min or less They arrange the meetings for the same day/next day They make stuff happen quick, right after the calls
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