Everything Anna Shedletsky said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Shedletsky: Instrumental had a high-watermark term sheet pulled during redlines
“We had our high watermark term sheet pulled on us for what we believe was no fault of our own. A week after we thought we'd finished the pre-signing due diligence and had Started trading red lines back and forth, and that pulled term sheet created difficulties…”
Shedletsky: US will permanently fall behind without manufacturing automation
“If we don't automate, others will, and we won't be able to catch up, and I think it's important to keep that playing field as level as possible for as long as possible.”
Shedletsky: Filter candidates faster with a 15-minute upfront culture screen
“We actually found out it was easier and faster to figure out if someone was a fit by doing a culture screen first. It took 15 minutes and essentially it's, would I want to have a conversation with this person again after this call, or am I happy this call is o…”
Shedletsky: Instrumental generated investor FOMO using a Y Combinator interview date
“A few months after taking angel funding, we applied to Y Combinator, fully intending to try to get in because we thought it would be a great network for our company, and our application was selected for an in-person interview, and I picked a date three weeks o…”
Shedletsky: Ask experts to evaluate each other's advice to resolve conflicts
“I especially like to collect advice from several people and then ask those people to give me advice on the advice I've gotten from other people, which is particularly useful when you're not really sure how to judge differing perspectives.”
Shedletsky: Founders must run parallel Plan B strategies for critical milestones
“Anything that's company critical, like Hiring this first hire or fundraising or whatever. You need to have a plan B”
Shedletsky: Instrumental screens job candidates for passion over uniform backgrounds
“I think Instrumental has ended up being a team of very kind of angular people, but we're angular in different ways, and ultimately, our screen is for passion, and so we ask candidates to tell us about something they're passionate about, and that could be work-…”
Shedletsky: Asking VCs for advice yields free consulting and builds relationships
“I think what I have kind of stumbled into is you just go and ask advice. This is a great way to get like half an hour of free consulting about what you should be worried about in your business and what you should be doing about X, Y, Z, or the other.”
Shedletsky: Founders should secure at least two term sheets in parallel
“The best defense seems to be to have at least Two high watermark term sheets that you can work with in parallel, and to kind of not close down conversations just because you think you're done, and you just really want to be done with the fundraising process.”
Shedletsky: Machine learning's biggest manufacturing opportunity is full-line feedback control
“I think what's most exciting is what we're working on, which is creating closed loop feedback control around the manufacturing line, not just one specific process, as is kind of done today, but the entire line, the entire supply chain, and I think that's a sup…”
Shedletsky: Manufacturing lags in tech adoption due to focus on execution
“It's pretty antiquated, and the processes are pretty antiquated, and the people who work in this space are really always just focused on executing, and so they don't have a lot of time to think about how it could be better and what technologies could be better…”