Tré Baker @bakerthethird
Managing Director, Techstars. Investor, entrepreneur, author of In The Black 2050, crypto OG. I don’t pick winners, I help make winners. #ReparationsNow bakerthethird.com Tulsa, OK Joined May 2009-
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I’d expand this to being a great human. Good character is built thru adversity.
I’d expand this to being a great human. Good character is built thru adversity.
The purpose of federal taxes is to 1) be a lever to influence inflation, 2) influence behavior. The US federal govt DOES NOT need tax revenue to fund itself. You’re just lighting $$ on 🔥
The purpose of federal taxes is to 1) be a lever to influence inflation, 2) influence behavior. The US federal govt DOES NOT need tax revenue to fund itself. You’re just lighting $$ on 🔥
AI founders around the globe: - I recommend flying to the SF Bay Area for a week or two to quickly network within the ecosystem. - This is a rare period where there are many events, making it easy to network. - Secure your partners, investors, employees, and more now as we…
In other words….Black founders get less than 1% of VC because we’re not qualified and our companies suck. Obviously capital markets don’t make mistakes 🤷🏽♂️
In other words….Black founders get less than 1% of VC because we’re not qualified and our companies suck. Obviously capital markets don’t make mistakes 🤷🏽♂️
It’s 2024 and people still don’t understand the difference between prejudice/discrimination and racism. This is why I don’t support, promote, or argue about DEI. Let these idiots stay ignorant because information asymmetry is an advantage.
Founders: if you’re not being ghosted regularly by investors, you’re not talking to enough investors 😆 Do better.
Democrats to: Ukraine - “you get $44 billion” Afghanistan - “you get $2 billion” Israel - “you get $14.5 billion and weapons” Ukraine, Israel, and Taiwan - “you get $95 billion” Heirs of Holocaust Survivors - “ you get $183 million in reparations” Migrant Families - “ you…
The best fundraisers share the same skill as comedians. Comedians go to many different audiences and continuously test new material. They analyse for what hits and what does not. They keep what resonates and they discard what does not. Fundraising is the same.
A reminder that Harlem Capital is actively writing checks. - $1-2.5M checks - Seed stage - Focused on B2B - Post-product - U.S. based Reach out! 🚀
Cosign. I’m tired of people saying they do pre-seed and then asking seed and series a questions to founders.
Cosign. I’m tired of people saying they do pre-seed and then asking seed and series a questions to founders.
foxbusiness.com/markets/ousted… I have a better alternative for these investors if they insist on lightning money on 🔥
Angel friends: Consensus + right doesn’t make you rich Non-consensus + right makes you rich Don’t get caught propping up tier 1 zombies Do the work. Find the diamonds 💎
Who makes a phone where the battery isn’t hot garbage after 2 years?
Even with “online” lenders there are still way too many human interactions to get a mortgage. Somebody needs to solve this.
Seed stage African insurtech (Ghana). $1.1M GMV within a year. 23% MoM growth. Going after a huge (and growing) market. Wanna learn more?
Founders: go to therapy. The highs and the lows. The grief and the gaslighting. Lord knows, you need to talk about that shit and clear it out of your system to make room for more of the good stuff.
Proof that VC is not real finance. DPI vs IRR is still a real debate amongst VCs when there’s clearly only one right answer if you actually understand basic finance.
The great VC resignation is a good thing. There are too many surplus VCs in the market ruining the experience for everyone else. We need more to quit and give the rest of us their AUM. 🤷🏽♂️
OpenAI is investing $1M in (black) founders building or aspiring to build startups with AI who’s interested?
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I just heard of two founders who recently took their lives, at least one because their startup was failing. 😢 Starting a company is hard…and mental health is a real thing we should talk more about. 🙏 reach out to someone if you need help. Sending everyone good energy. ✨
Who are your favorite follows for breaking into VC content? Working on something!
@Jason If correct, California would have a combined tax rate on par with Sweden? Except no universal health care , education, day care, or parental leave.
Being a great founder isn’t about your successes; it’s how you react and overcome obstacles in times of struggle or failure.
@bakerthethird Safe that was amended and an epic side letter. So in other words, coulda been.
@AmandaMGoetz Your house your rules. You can simply tell the other children's parents you are a no phone household and if that's an issue for them best to keep their child home. That might mean something as simple as collecting their phones when they arrive live they do in schools.
I have never not left town to a place and thought “I could live here.”
@mcuban Taxation is not “giving back to our country.” It is the government taking it from you under the threat of jail.
AI founders around the globe: - I recommend flying to the SF Bay Area for a week or two to quickly network within the ecosystem. - This is a rare period where there are many events, making it easy to network. - Secure your partners, investors, employees, and more now as we…
Any founder friends want to pitch 50+ angels live tonight? Let me know...
@alexiskold I honestly think sales is way more honest of a feedback mechanism Fundraising is more about your pedigree and who you know for the most part
@alexiskold Isn't this ultimately about sales? Fundraising can be super clubby but, ultimately, you have people willing to pay for the product or service or not. If yes, & if there's sustainable profitable growth, all is ok. If not - no matter how much funds are raised - there's a problem.
This is excellent news for the planet. The more we decentralize tech from N. California the more we can heal. Silicon Valley has failed us all in diversity, morality, and greed.
The share of all US tech-industry jobs that are located in California has now fallen to some of the lowest levels in a decade, dropping a full percentage point over the last year alone
This tweet is top tier.
“Thanks for going through our 6-month due diligence process but we invested in your direct competitor instead.”
@darrenmarble These dudes look like they are about to drop their latest Album and announce the NSYNC comeback tour 🤣🤣
@Jason I have this vision of California legislators sitting around saying “how can we put out the most amount of virtue signaling bills to justify our needless existence”?