Hustle Fund

“Then we'll be really fast to write a first check, a 25 K check. I think that since I'm a GP of hustle fund, we have to move fast ourselves. So within a conversation, pretty much like unless there's something jarring where we absolutely need a second conversati…”

“This is why we are writing a lot of checks, essentially to hedge bets, essentially to gather information across lots of different companies.”

“I don't actually think that that would be the strategy for us.”

“We're investing essentially on, it's a standard YC safe, and you know, we have a side letter with a couple of terms that we want around prorata and information rights.”

“And I think, frankly, like, it's post-seed or Series A investors who are most concerned with that. We are not looking for product market fit.”

“So I think first off, to be clear, we, there are certain areas that we are not investing in. So we don't invest in pure consumer apps. So we would have missed out on a Twitter and Instagram, Snapchat, et cetera, anyway.”

“And really what we're looking for, if we decide to write a follow on check, that criteria in part is based on the speed at which that priority metric is moving. It's not so much about where that number stands today.”

“At Hustle, our model is to go after teams that are moving really quickly. This may or may not include teams that have Strong pedigree. Certainly it encompasses some of those teams, but it also encompasses a lot of teams that don't.”