Results Junkies - The thing about money...

Happy Friday (from a coffee shop in balmy Sioux Falls, SD this morning)!

Ed and I spent some time at a local pitch event last night, it's been a good reminder that, for the most part, access to capital isn't the problem. The thing about money is that it accelerates what's already happening.

You spent 80% of the meeting talking about all your features? I have a prettttyyyyy good idea on what you'll spend 100% of the investment on. 😬

Between the macroeconomy and the rise of entrepreneurship everywhere else, the bar for raising money gets higher each day.

***

New episode: Ripple Effects From Layoffs​

​With 35,000+ layoffs across the tech industry in the first ~45 days of 2024, when will we see the ripple effects hit the vendors? (Think: reduced seat counts for Slack, Salesforce, etc.)

Grab it on Apple Podcasts or wherever else you listen to podcasts -- and let me know what you think! 🙏🏼

***

Can I speak at an event in your city?

If there's something related to entrepreneurship, venture capital or healthcare happening in your neck of the woods, count me in! Hit reply and let's get the dates on the calendar ASAP. 🙏🏼

If you're around, I'd love to meet you IRL:

  • Sioux Falls, SD (Feb 15-16)
  • Lubbock, TX (Apr 3-4)
  • Albany, NY (Late April)
  • Vancouver, BC (June TBD)
  • Toronto, ON (June TBD)
  • St Louis, MO (Nov 11-12)

Bonus: if there's a good donut place in town, I bet I can pull at least one other angel along too.

Hit reply and let's talk!

***

That’s it for now, have a great weekend! (And see you in Sioux Falls next week, if you're around!)

-P

PS - you can thank Ed for this ultra-captionable photo from the airport yesterday. Hit reply with your best shot.

I'll go first: "I'm sorry, 'everyone poops' is not a valid TAM for your startup."



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