Episode 1215

Ask an Angel PLUS Antonio Garcia Martinez vs. Apple with Zach Coelius | E1215

May 15, 20211:07:34Watch on YouTube

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Check out the pod notes here: https://bitly.com/e1215notes

Check out Zach on AngelList: https://angel.co/p/zach-coelius

FOLLOW Zach: https://twitter.com/zachcoelius

FOLLOW Jason: https://linktr.ee/calacanis

Referenced in the show:

Business Insider Article - https://www.businessinsider.com/apple-hires-chaos-monkeys-author-ex-facebook-antonio-garcia-martinez-2021-5

The Verge Article - https://www.theverge.com/2021/5/12/22432909/apple-petition-hiring-antonio-garcia-martinez-chaos-monkeys-facebook

Recode Decode Interview from 2016 - https://www.vox.com/2016/8/9/12415696/antonio-garcia-martinez-chaos-monkeys-recode-decode-podcast-transcript

Show Notes:

0:00 Start

1:41 Is having a low take rate in a marketplace in order to prove consumer behavior a red flag?

5:06 How to think about follow-on investment strategy as an angel investor

9:35 Fundrise - sign up today at https://fundrise.com/twist

11:06 How to prioritize individual products when you're selling a suite but don't have time to focus on all of them?

13:58 Is $1M ARR too big for Jason and Zach?

19:12 Is it possible to get funding while working on your startup part-time? What if there is solid traction?

21:05 How do they find and sort inbound deal flow?

24:43 Secureframe - get $2,000 off your first year at https://secureframe.com/offer/twist

26:16 Changing venture capital landscape

29:48 What % should you sell if you have an MVP but before you have customers/traction? What about after you have a few customers and some revenue?

32:20 Anti-portfolio: What are Jason and Zach's biggest missed investments? What were their blindspots at the time?

37:08 Odoo - get $1000 off your first implementation pack at https://odoo.com/twist

38:42 Doing diligence on your investors

42:41 Apple vs. Antonio Garcia Martinez

Thanks to our partners:

Fundrise - sign up today at https://fundrise.com/twist

Secureframe - get $2,000 off your first year at https://secureframe.com/offer/twist

Odoo - get $1000 off your first implementation pack at https://odoo.com/twist

Listen here:

Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957

Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9

Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio