Verdict lists ten of the most popular tweets on venture capitalist (VC) in December 2019, based on data from GlobalData’s Influencer Platform.
Venture capitalist top tweets were chosen from influencers as tracked by GlobalData’s Influencer Platform, which is based on a scientific process that works on pre-defined parameters.Influencers are selected after a deep analysis of the influencer’s relevance, network strength, engagement, and leading discussions on new and emerging trends.
Top tweets on venture capitalists in December 2019
1. Alex Konrad’s tweet on how Melanie Perkins built Canva
Alex Konrad, a journalist, shared an article on how Melanie Perkins, an Australia-based start-up creator, went through all the odds and VC doubts to build Canva, a design software company. The article describes the entrepreneur’s journey in becoming the CEO of the firm at the age of just 26.
Canva has grown into a design juggernaut and is currently a profitable company worth $3.2bn. It has millions of users using ‘freemium’, a web-based application to design almost everything.
Australian startup founder Melanie Perkins faced long odds and VC doubts. She built Canva into a profitable $3.2 billion global design software leader anyway.
— Alex Konrad (@alexrkonrad) December 11, 2019
Username: Alex Konrad
Twitter handle: @alexkonrad
The State of Technology This Week
2. Eric Paley’s tweet on staying focussed during a VC pitch
Eric Paley, a managing partner at Founder Collective, a company providing seed-stage VC, tweeted on the need for founders to stay focused and not argue or fight during a VC pitch. According to the influencer, some of the best start-up pitches appear crazy, with VCs becoming wary to invest.
He further cautions that all founders should focus on sales rather than on debating. He lists some steps to control a pitch and get it back on track despite mistakes.
🗣️ Don't Waste a VC Pitch Arguing 🗣️
Some of the best startup pitches sound crazy, & VCs are often skeptical. But I want to caution founders not to fall into “debate mode,” & to stay focused on the sale.
Here’s how a pitch goes off the rails, & how to get it back on track:
— Eric Paley (@epaley) December 9, 2019
Username: Eric Paley
Twitter handle: @epaley
3. Steven Sinofsky’s tweet on the WeWork fiasco
Steven Sinofsky, a former president of the Windows division at Microsoft, shared an article on the WeWork funding fiasco, which forced the co-founder Adam Neumann to step down. The article details how veteran financiers, including bankers, VCs and investors poured in capital and surrendered to the founder, raising approximately $12.8bn.
The influencer noted that the anger in the article seems to be directed at Silicon Valley, while most of the companies involved are based out of New York.
Bankers, venture capitalists and investors poured cash… https://t.co/Wx7UVMtrsH // Several times in this article the ire is directed at Silicon Valley, yet nearly all of the parties AND the company are in NYC. The SV people seemed to be the ones trying to put the brakes on.
— Steven Sinofsky (@stevesi) December 15, 2019
Username: Steven Sinofsky
Twitter handle: @stevesi
4. Steve Schlafman’s tweet on ways to break into VC
Steve Schlafman, a New York-based coach and angel investor, tweeted on how to break into VC market. The influencer listed some ways to enter the VC world, including building a unique community, blogging or tweeting about specific themes or trending ideas, starting a podcast, and training under an angel investor or scout.
He also stated that starting an event series, writing and publishing in-depth reports or presentations, and developing apps to capture signals could be used to break into VC.
If I were trying to break into VC today I’d do a combination of these:
•Build a unique community
•Blog, tweet about specific themes
•Start a podcast
•Apprentice for a scout / angel
•Start an event series
•Publish in depth presentations
•Develop apps to capture ‘signal’
— Steve Schlafman🌎 (@schlaf) December 11, 2019
Username: Steve Schlafman
Twitter handle: @schlaf
5. Spiros Margaris’ tweet on the wefox Group becoming Europe’s number one insurtech company
Spiros Margaris, a VC and futurist, shared an article on the wefox Group increasing its Series B funding to $235m making it Europe’s number one insurtech company. The Berlin-based company closed an additional funding of $110m led by OMERS Ventures, Merian Chrysalis, Mundi Ventures, Samsung Catalyst Fund, and other investors.
The wefox Group operates two businesses, wefox and ONE, and has implemented some major technology solutions such as the launch of motor insurance under the ONE policy.
Increased #SeriesB #Funding to $235 #million !https://t.co/Gsw6kH3Yno #fintech #VC #finserv @julian_teicke @wefoxHQ @ONE_insurance_ @OMERSVentures @MerianGlobal @SamsungCatalyst @mundi_ventures @IbrahimAjami @Mubadala @sound_ventures_ @aplusk pic.twitter.com/YNK69jyGeT
— Spiros Margaris (@SpirosMargaris) December 11, 2019
Username: Spiros Margaris
Twitter handle: @SpirosMargaris
6. Jeff Morris’ tweet on the possibility of venture funds contributing towards solving greater problems
Jeff Morris, an active angel investor and product leader, tweeted on the possibility of venture funds contributing a percentage of their capital in solving greater world problems. He stated that issues such as global warming, gun violence, air pollution, natural disasters, and cancers, require deeper technology solutions that are far riskier than building software. Hence, they are underfunded.
I’d love to see venture funds pledge to allocate a % of their capital to solving:
1. Global warming
2. Gun violence
3. Air pollution
4. Natural disasters
Most of the solutions involve deep tech that is far riskier than software.
Which is why they are underfunded.
— Jeff Morris Jr. (@jmj) December 17, 2019
Username: Jeff Morris Jr.
Twitter handle: @jmj
7. David Sacks’tweet on VCs funding SaaS start-ups
David Sacks, founder of Craft Ventures, a VC fund, shared an article on VCs investing disproportionately on SaaS start-ups claiming to achieve early category leadership. VCs understand that start-ups with the most liquidity to spend on their sales and marketing are able to attract the largest subscriber base. This in turn provides SaaS founders with more resources. This cycle continues till the founder becomes a winner of categories.
The article further stated that ‘early category leadership’ was most important for SaaS founders. Approximately 75% of the market capital in the software category typically goes to a category leader. As a result, defining a category and redefining it through noble fights could help founders gain an edge, lead a software category and thereby win easy sales.
Most of the funding and market cap in a SaaS category goes to the category leader. The best way for founders to lead a category is to define it. Here are my thoughts on how to do that.https://t.co/D8aIGNkLtr
— David Sacks (@DavidSacks) December 16, 2019
Username: David Sacks
Twitter handle: @DavidSacks
8. Harry Stebbings’ tweet on marketing is similar to VC
Harry Stebbing, creator of the Twenty Minute VC, an independent VC podcast, tweeted on how marketing is similar to VC. The influencer explains that both a marketer and VC plays the role that of a capital allocator or investor, either in companies or channels, at minimal cost for maximum ownership and attention.
He further stated that the idea was to observe, test, and repeat these steps and finally see which works.
Thing I’ve always loved about marketing, in many ways, its just like VC.
Your job is to place many investments (companies, channels) at minimal cost for maximum (ownership, attention).
Then observe, test, iterate.
Then double down on those that work.
Same, same. 🤷♂️
— Harry Stebbings (@HarryStebbings) December 11, 2019
Username: Harry Stebbings
Twitter handle: @HarryStebbings
9. Alex Iskold’s tweet on start-up hacks and venture capital
Alex Iskold, a New York-based tech entrepreneur and investor, shared an article on start-up hacks for founders through his website called alexiskold.net. The VC influencer stated that he has shared as many as 60 posts on product, marketing, metrics, introductions, and fundraising.
The website also covers ways to manage investors, productivity, vision, and reasons to join or not to join an accelerator.
Startup hacks is a resource I created for founders.
Over 60 posts on product, marketing, metrics, introductions, and fundraising.
Founders tell me it has been very useful.
— Alex Iskold💡2048 Ventures (@alexiskold) December 24, 2019
Username: Alex Iskold
Twitter handle: @alexiskold
10. Jason Mccabe’s tweet on becoming a venture capitalist
Jason Mccabe, an angel investor, tweeted on the tough road to becoming a VC. The influencer advises that once into VC, one should not quit and should continue to work on it and provide massive value. He also stated that it was impressive to find people investing at an early age.
The hardest position to get in the world is as a venture capitalist — if you stumble into this position DO NOT give it up, just work as hard as you can, covet it & provide massive value every single day.
I’m so impressed by the folks who break into investing at an early age. pic.twitter.com/rSOUPiQCad
— email@example.com (@Jason) December 15, 2019
Twitter handle: @Jason