Things Everyone Does
Everyone has a fund.
They are an angel, a scout, raising a fund, starting a syndicate. There's a new approach at every turn:
Henry Stebbings, the young founder of a 20minuteVC podcast, who already had a fund, now has another even more ambiguously broad fund called 20vc.
Nikhil Krishnan, the writer of Out-of-Pocket, the newsletter on everything health care, has announced he is a scout. Here are his investing theses.
Sahil Lavingia, the founder of Gumroad, has announced he is formalizing his investing and taking LPs. Here is the fund memo he shared on his open board meeting call today.
Are you interested in joining the party? Angellist makes it easy with the rolling fund.
Everyone has a puppy.
We already knew people were obsessed with their pets but it's become wider, deeper, and shows no sign of slow down. I see puppies everywhere. People with one dog now have multiple. People with no dogs have changed their tune; I was a call today where a group of people talked about what they do to celebrate their dog's birthday. That's a lot of spend, folks. Recurring, predictable. Pets are family. Check out.
Wearable Device Market for pets
Insurance for pets: Trupanion ($TRUP) is at an all-time high.
Services for pets
Everyone has a newsletter.
Seriously. Like 40 authors described on The Type House or everything you see on Substack. There are newsletters on newsletters. Newsletter aggregators. I probably subscribe to over 50 newsletters. I read a lot. I almost hate to say I write a newsletter now. It feels trite. Even a year in, I also cannot say I was here first.