A recent X post presented some interesting questions. We reproduce them here:
making pre-seed decisions in 30 mins is really tough here are some random places i look for signal from obvious to very obscure and arbitrary: how long founders have known one another founder roles & equity splits how much founders pay themselves how quickly they ship conistent conviction and execution what they do for fun 2x+ founder how intentionally they speak how clearly they write conciseness of their tagline why they chose their idea quality of company name + domain pixel perfect, simple + refined website velocity of customer conversations * quality coefficient whether they can cite the 3 people they want to hire immediately whether they can cite their top 3 ideal customers immediately design intuition (less is more) impatience / anxiety score (more is good, up to a point) desire to "win" / competitiveness chip on shoulder to prove themselves taste, products / clothing / people they follow (very mixed signals) nepotism (mixed signal) 1/3 entitlement (bad), 1/3 connections (good), 1/3 positive mentorship and learning (good) big company tenure (OK but generally bad if stayed too long) signals of self-worth what other investors mostly look for: harvard/stanford/MIT CS AI research lab prev. quant / math olympiad who else is investing
As it happens, we satify both lenses. As ex-Googlers from Berkeley, we embraced humility over hubris. We reached deep into our pockets, and bought a partnership stake in a real, mid-size tax firm doing over a 1m/year in revenue. When you ask us how many customers we've spoken to, our answer is thousands. As always, find our latest deck at shmarty.com/deck.
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