Slow Ventures

“Well, they were invested in by the likes of Andreessen, Google Ventures, Index, Slow Ventures, and many more of the world's best.”

“You'll see that we today, you know, average between 250 K to one million dollars going into most companies. However, we don't take board seats unless it's something that we're extremely passionate about.”

“I think of it as building out a marriage more than anything, you know, it requires really honest and open communication and, An eye towards the collective rather than, you know, a single person benevolent dictatorship.”

“At the size of funds that, that we are at today you know, we think we can create performance at the two to five percent level of ownership. Do that across many companies rather than needing to just be at the 20, 30% your traditional fund might target along wit…”

“The first two slow funds were only a million US dollars, you know, enabled a lot of 25 K, 50 K, a hundred K kind of investing”

“I started Slow in late 2009, actually while I was still at Facebook.”

“I'm a huge believer in investing and operating at the same time. I think being an investor who makes you a much Better operator and being an operator makes you a better investor. You know, investors can't go deep on anything, and they really don't understand w…”

“I think people systematically under appreciate how large the world is, and therefore, especially in a globalized environment, how big niche markets actually can be when you blow them up and scale them up.”

“First, we, I generally don't invest in dApps. Again, like we're much more focused on protocols. There are very few exceptions we would make to that.”

“I think we would say we concede the consensus game at the earliest stages. We think our job is to go a click out further on a belief system than in other people.”

“You're almost always better off accumulating stock in those companies over the first eight years of their life than you are in any diversified venture portfolio.”

“I think the amount of human capital and what it means on a daily basis to be a competitive multi-stage firm is not what we do. It's not our strength. It's not our DNA.”

“Being novel, having a novel theory and being correct, having one of them in your life is a low odds proposition. There just aren't that many. Having two isn't linear risk or the odds of being right on two vectors is exponentially lower. And I think that there'…”

“We were negotiating to be the lead of the seed, and I literally were like this far apart and decided that was too far apart.”

“Like, I made a thousand X on our Solana seed, right?”

“There are places like, you know, in history, there have been a few instances, my partners are like, we like the deal, it's too expensive. I'm like, ah, fuck it. I'll put in a few personal dollars because like, who cares? It's so little money, right?”

“I am very excited to fund a bunch of companies at five and under in weird things that are coming to you because no one else will give them money that are going to be highly profitable on the way up and create option value down the line. Right. So it's kind of …”

“As an investor, you know, we've stayed away from it for a long time, partially because there's no signal in it because everything comes off the factory line looking exactly the same, packaged properly.”

“I have a company called TeamShares, which we put in our first check at four posts that is now touching a billion and is a real company with hundreds of millions of revenue.”

“When I look at our seed portfolio over a long period of time now, my own personal investing longer, you know, the seed deals that have mattered have always been the ones that were hardest to package. They were not on the factory line. The places we've made ser…”

“I think the future is in these companies. There are a lot of companies you can put three million dollars into and get to a place where like, you're pretty sure it's profitable. It's going to be worth, it's worth a 102 hundred, and you have an option on somethi…”

“As an early stage investor, you get hundreds of shots to buy. You get really good at buying. You have so fewer shots at learning to sell that it actually takes much longer to learn to sell well. Right. But it's still as important as learning to buy well.”

“The number one rule as a fund out an allocator is you cannot sell the things that matter.”