Ankur Nagpal (hiring engineer + marketer in NYC) @ankurnagpal
Founder of @carryhq_. Founded @teachable (sold to @hotmart). Investor in 100+ companies @thevibecap. On a mission to help people be better with money. instagram.com/ankurna brooklyn Joined April 2008-
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India is generally speaking a low-trust society This manifests itself in lots of short-sightedness, particularly when money is involved Changing this is very difficult because of the inherent Prisoner’s Dilemma but it’s 100% worth it as everyone wins in a high-trust society
India is generally speaking a low-trust society This manifests itself in lots of short-sightedness, particularly when money is involved Changing this is very difficult because of the inherent Prisoner’s Dilemma but it’s 100% worth it as everyone wins in a high-trust society
Before accepting a startup job offer with equity, make sure you ask the company for: - Strike price - Last preferred share price (price investors paid) - Total number of shares - Liquidation preferences This will allow you to calculate the % of the company you own & value it
Sheel Mohnot @pitdesi
117K Followers 3K Following Posting stuff I find interesting. Work: @btv_vc, leading pre/seed rounds of fintech cos. apply to our accelerator https://t.co/LSnRc5xYjD! Always up for adventure.Lenny Rachitsky @lennysan
205K Followers 2K Following Newsletter: https://t.co/LF0tRFpCeT 💥 Podcast: https://t.co/ZQWNT0iXvJ 💥 Jobs: https://t.co/h5qbpegVYd 💥 Lennybot: https://t.co/TqkCh3hVCa 💥 Swag and Book: https://t.co/qgtUH5DM4SRyan Hoover @rrhoover
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364 Followers 370 Following Husband. Dad. Serial entrepreneur and angel investor. Co-founder & CEO of https://t.co/hMVlblTT5M@ankurnagpal Next time will take you through the winelands if you drink the good juice ✌️, glad you had a great one
Non-sleep deep rest (NSDR) is just a fancy scientific way to make you feel better for failing to nap But it works, I swear
@ankurnagpal Oh nice! We're going for the first time in October.
@ankurnagpal @circleapp Yeah, tried it an many of the others. The problem is everyone knows slack and getting them to learn a new UI is too much friction.
Every 2 weeks, I contribute ~$750 to my 401(k) Can’t beat that tax deduction at a 24% fed marginal and 5% state, along with $220 of match. This account alone will make me a millionaire.
Nick Huber! Our journeys have been a bit different. We don’t always agree on everything. But that’s what makes this place great! Thanks for flying out to support the gala, and bringing family along. Appreciate you, and hope to see you in NYC more often!
Great workshop for anyone in the startup world!
INVITE: I'm teaching a workshop next week for startup employees and founders to better understand equity ownership Most people who work at a startup don't understand the equity part of their compensation And this information asymmetry comes back to hurt them later on So I'm…
@ankurnagpal I'm still amazed at how hard it is to explain these concepts and how many startup employees don't understand a big part of their compensation!
It's that time (a few years post grad) where friends are reaching out & considering jumping from corporate to startups IMO the most appealing parts: ownership & equity BUT evaluating startup equity is confusing, founders talk a big game, & the shiny numbers are blinding 🪩↓
2️⃣ What's it ACTUALLY worth? Calculate the present value of your equity using the strike price, preferred share price, and vesting schedule. (We have a spreadsheet for this!)
1️⃣ Quality > Quantity Most startups fail. Focus on the company's potential, not just your ownership %.
Confused by startup equity offers? You're not alone! Here's how to think about it:
We are interviewing candidates for an open role. Most candidates keep asking to work from home for 1-2 days a week. Talked to a candidate over the weekend. She wants to be in-office every day. Said it is conducive to learning & growing. Guess who is the lead candidate now?
If you use Robinhood as your main investment brokerage it's a pretty decent signal that you're not a serious investor
A bunch of people got “tech famous” for cranking out a ton of twitter, newsletter, podcast, etc content before actually accomplishing anything significant as a founder or investor, new heights of fake it til you make it