why aren't all 6 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Disclosure
Nozad committed to his largest angel investment, Gusto, in 15 minutes
“It's my biggest, single biggest angel investment ever, and when I met Josh, it took me like 15 minutes to commit, and I didn't see even one page of the product he's building”
Disclosure
Nozad's fund was the first investor in Andy Rubin's Danger
“We managed to be his first investor in Danger”
Disclosure
Nozad was one of the first investors in Dropbox
“I actually became one of the first investors in In Dropbox”
Disclosure
Nozad notes his top investments like Dropbox feature Iranian co-founders
“And if you look at my portfolio, your company, some of the best company I've ever invested founders are Iranian, you know, naming it Dropbox, one of them, Sound Hunt, the other one, and then current fund has few amazing Iranian founders.”
Disclosure
Nozad funded his first $2M tech fund via carpet sales commissions
“I, we started, he asked me to put, I exactly remember, we started with two million dollars, majority of his money, and he said, you put 10% of it, and this is in the late nineties. I didn't have any money. I said, I don't have it. He said, okay, every month we…”
What-if
Nozad missed massive returns by not maintaining pro-rata ownership in Danger
“Had we participated and kept our ownership after the initial investment, we would have made a lot of money through a half a billion dollar acquisition of Danger by Microsoft.”