“I've had that other conversation with funds, too, where it's like, hey, you want to come work and, you know, be a full-time partner at this fund? And no, like, we've talked for the past couple of hours about how much fun I'm having doing this particular thing, so that would never be an attractive model.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Packy McCormick
What-if
McCormick: I likely would have written a positive sponsored post on Theranos
“One of the tests that I always run for myself, and I probably actually would have failed this test, is if Theranos had come to me on a sponsored post, you know, however many years ago, chances are, frankly, I would have written something positive on Theranos b…”
McCormick: Independent creator-investors lose value when joining traditional venture firms
“As soon as I go in-house somewhere, Like I lose half of my value or, you know, X percent of my value as soon as I go in-house somewhere. And that is kind of one, even though, you know, I do do sponsored posts and all of that, there is like this independent voi…”
McCormick: Opendoor stock will outperform rivals due to its iBuying lead
“I think that Opendoor is gonna do the best. I think they have the biggest lead in, in iBuying, and I think that's a huge, huge opportunity Particularly because they have the best company value in all of the world, which is bips for breakfast.”
Packy McCormickMay 12, 2022▶ 20:52Arena Show Part I: Idea Dinner + YC Continuity · Acquired
Opinion
McCormick: A DAO with physical locations is perfect for modern social clubs
“I mean, today, what not boring club would have been is really a Dow probably with physical locations. I think actually that model works really well for what I was trying to do at the time.”
McCormick: 80% of DAOs will fail, but the top 20% outperform corporations
“I think Eight out of 10 DAOs might totally fail because they have like kind of that leadership issue or like who is the final decision maker issue. But I think those other two are going to do things that like you might not have ever thought to do with a tradit…”
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