Jack Abraham
Founder, Managing Partner & CEO, Atomic · 1 appearance on the record.
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founderinvestorexecutive@jackabraham ↗atomic.vc ↗Wikipedia ↗
Jack Abraham is the founder, managing partner, and CEO of venture studio Atomic, where he co-founded Hims & Hers Health. He previously founded Milo.com, which was acquired by eBay, and has been an early angel investor in companies including Uber and Pinterest.
25statements → 5claims → 3claims resolved → 33%fully supported → 3.92/5average certainty → 1.88/5average debate potential → ≈4.5/5argument clarity, estimated → 7said about them ↓
1 supported 1 partly supported 1 contradicted 2 not checkable as stated how the 5 claims stand · each chip opens the sources
1 prediction · 4 assertions · 1 opinion · 9 insights · 10 disclosures · every statement was checked. The prediction and assertions are the 5 claims: statements the public record can support or contradict. 3 are resolved, and 2 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.
The record, in short
What the tape says about how Jack argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.
Their most notable supported claim
Abraham: Team built eBay homepage redesign during two-week Australia sprint
“The biggest thing I did, I convinced the CEO to do on a Friday that night, I convinced six people to cancel their next two weeks, fly with me to Sydney, Australia, rent an Airbnb, turn it into a hacker house. And we built the entire thing in two weeks. There's…”
Their most notable contradicted claim
Abraham: Zcash and Monero can be decrypted; Iron Fish is truly anonymous
“So you had, you know, coins like Zcash and Monero that were created, but it turns out Those actually can be decrypted and you can figure out where all of that went. So she's the first person that really figured out how to make truly anonymized crypto. And it's…”
Expressed certainty vs assessment result
weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet
How they sound: not measured why? →
We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Jack Abraham on measured tape to publish a rate. This says nothing about how they speak.
Everything Jack Abraham said on My First Million that made the record, most notable first. Filter by type, assessment or year in the ledger →
Abraham: Zcash and Monero can be decrypted; Iron Fish is truly anonymous
“So you had, you know, coins like Zcash and Monero that were created, but it turns out Those actually can be decrypted and you can figure out where all of that went. So she's the first person that really figured out how to make truly anonymized crypto. And it's…”
Abraham helped launch the Terra and Luna crypto ecosystem
“One that I was kind of early involved in and helped get off the ground was one called Terra and Luna that just launched a new mainnet that had like 50 to a hundred apps just launched that are super interesting.”
Abraham: Studios fail when brainstorming produces solutions for non-existent problems
“Where startup studios and incubators can fall apart, which is a lot of times if you're incubating companies, the temptation is to brainstorm on ideas. So think about things, get into a room, whiteboard, come up with solutions, and you're kind of coming up with…”
Jack Abraham: Trust B2B customer feedback, but only trust consumer actions
“The great thing about doing B to B is you can talk to the customer and you can trust what they say. Right. And that is not necessarily true for consumer consumers. You can talk to them and you almost have to read between the lines with what they say. You can't…”
Abraham: Allergists push shots over sublingual drops due to insurance billing
“The allergists get paid for giving these allergy shots. That's why there's so many allergy shots. You go to the allergist, they bill your insurance. So every visit you do, they get paid versus every sublingual drop you do at home. They're not getting paid.”
Abraham: Democratizing exclusive access for the wealthy is a winning startup formula
“One pattern is if you take things that rich people have access to, or rich companies have access to, and you figure out how to democratize them, so you make them more accessible, distributable, cheaper, and accessible to everyone, that is a winning formula for…”
Abraham: Atomic keeps startups in stealth until significant funding is raised
“We're, we actually try to keep a lot of our companies stealth because people have started to try to copy them. And by the time we announce them, they've usually raised pretty significant funding.”
Abraham: Atomic has never held an idea brainstorming session in ten years
“Versus what we do at Atomic is we don't have brainstorming sessions. So we've been in business for over a decade. We've never had a brainstorming session on ideas, which is kind of crazy, right?”
Abraham: Team built eBay homepage redesign during two-week Australia sprint
“The biggest thing I did, I convinced the CEO to do on a Friday that night, I convinced six people to cancel their next two weeks, fly with me to Sydney, Australia, rent an Airbnb, turn it into a hacker house. And we built the entire thing in two weeks. There's…”
Jack Abraham: Atomic paced studio launches before scaling to 10-12 startups annually
“And the thing that we did at Atomic is we only did one the first year, two the second, three the third, four the fourth. We really paced ourselves. And I think, you know, now we're at the point where we can do 10 or 12 a year.”
Abraham: Time operates on a power law where one hour trumps years
“Time exists on this massive power law basis... There could be an hour that comes in your life that is worth more than the cumulative sum of everything else you've spent all of the time, all of the effort, all of the energy that you've spent doing everything el…”
Abraham: Audit your calendar and cut meetings where absence changes nothing
“You ask the question, for all of these things that I did last week, what are the things where if I hadn't done this thing, nothing would have changed? And you cross it off the list. And if things keep getting crossed off that list, you probably shouldn't be do…”
Abraham: Distribution viability is more important than product ideas
“Distribution's more important than ideas, and we only want to work on ideas that can achieve mass distribution, because our view is life is short, and, you know, up for us and our co-founders, we want to, you know, prize our time, and we only want to work on t…”
Abraham: OpenStore will spawn a 'Miami mafia' network of tech talent
“I think it's going to create this almost Miami mafia, so to speak, around here of amazing people.”
Abraham: Smartest people either focus singularly or thrive across multiple projects
“I have noticed a pattern, which is that the smartest people I've met in the world fall into one of those two camps. They either want to be like singularly focused on one thing, almost to a fault, where they are so focused on it, and they just absolutely have t…”
Abraham: Founders financially outperform by focusing on a single moonshot startup
“I do think probably you can do better by just focusing on one, like if you had one thing that was gonna go to the moon that you can probably do financially better, just going all in on that thing, at least in the short term. I don't know in the long term, beca…”
Abraham: Following developer activity is the best investment indicator for platforms
“One indicator to look for is where are developers signing up? This is also true with companies, by the way, whenever there's platforms that are built and this is true for like enterprise companies or like app stores, where do the developers go? Where the devel…”
Abraham: Atomic seeds new companies from his list of 600 observed problems
“And then I just got in the habit of writing those down. And now that list has grown to over 600. And that's a seed that we use to start companies out of at atomic.”
Abraham joined Comscore as a software engineer at age 12 or 13
“And then when I was 12 or 13, he said, Jack, I'm going to start a company that's going to measure everything everyone does on the internet and make sense of it. Do you want to join it? And I joined it as the third person, as a software engineer, and I learned …”
Jack Abraham: Atomic invests in 3 stages from $250K up to $8M
“The first check that we'll write to kind of get something going and do some initial research and homework is around a quarter million dollars, but it could range from a 100,000 to 400,000. And then if that goes well, we can write a check that's usually two mil…”
Abraham: Atomic killed sublingual allergy startup due to high CAC
“We were trying really, we tried a bunch of different price points in terms of like the monthly price for these sublingual drops, ranging from like 79 a month, all the way up to like two 50 a month, as these are our tests, you know, we're testing the pricing th…”
Abraham: Atomic explored creating autonomous 24/7 commercial fishing vessels
“A crazy idea that I had that I had us look into was what if you created autonomous fishing vessels that went out into the ocean and just fished 2407, even through inclement weather. And they have like crazy sonar and like computer vision underwater and they co…”
Abraham: Dramatically simplifying multi-step, necessary tasks produces great startup ideas
“If you take something that people consistently do, and they have to do, and they feel like they have to do it, but it takes a lot of steps and or time, and you dramatically simplify it, and you make it a lot faster to accomplish the same thing that they feel l…”
Abraham: Atomic co-founds external ideas if distribution testing succeeds
“We're totally open if people want to bring their ideas and co-found companies with us. We just kind of ask that they be baked off in a process and that the data wins. We're just such big believers in this distribution over ideas thing that as long as we, if we…”
The other half of the tape: Jack Abraham's own voice is left out of every number here. Other people bring the name up 6 times in 3 episodes on My First Million. 1 statement on the record names them. every mention, with the transcript →
Who brings them up most Shaan Puri 6
Statements about Jack Abraham, by other people (1)
Every mention by year
tap a year for its mentions
2022 2 mentions in 1 episode
Appearances (1)
| Episode | Date | Speaking time |
|---|---|---|
| 3 Patterns for Great Business Ideas with Jack Abraham, Founder, Managing Partner & CEO at | Oct 8, 2021 | 40m |