TBPN · BYOCompute, Pope Destroys False Idol, Ben Affleck's White Pill | Joe Gebbia, Molly Fowler, Tom Dotan, Pim de Witte, Greg Castle
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positions itself as a lower-dilution alternative to traditional seed rounds that often take 7-12% equity
7-12% dilution typical in legacy rounds
“…alternating big seed small seed… run the thresher for five or ten minutes between changing seed types to clean out a lot of the extra bits… very little chance of contamination…”
“Private credit and alternative bonds has generated two to three times the income yield of traditional bonds”
“We raised our first round $2 million pre-seed in 30 days on a strategy. 30 days. Yeah, it was pretty quick.”
“Ultra-high net worth families… have nearly 46% of their assets in alternative investments… more than half, 52%, was invested in private equity.”
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