The Ledger

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Disclosure
Marc Lore invested $15M total into Archer Aviation before $1B SPAC
“I gave them five million and helped them raise the fifty million, the same kind of Same kind of thing. I kicked off the fifty million dollar round with 10, and that all came together, and they had sixty million dollars. They had the best team in the world. The…”
Marc Lore Jul 12, 2021 ▶ 30:43 20VC: Jet.com's Marc Lore on How To Assess Human Potential and "The Resume Test", Why Chief People Officer Should be One of Your First Hires and Why We Need a New Type of Venture Capital
Disclosure
Zullo: Missing Archer Aviation showed the risk of rigid thesis investing
“Honestly, I'm incredibly thesis driven, and I've missed a lot of amazing companies because of that. I told the story around investing in the guys from Vetteri, and then, like, they started a public company in our office, and we did invest. You know, that compa…”
Rick Zullo Aug 23, 2023 ▶ 1:08:51 Jason Lemkin & Rick Zullo: How "Mark to Market" Corrupted Venture Capital | E1052 · 20VC with Harry Stebbings
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