If it was early on (2003 or so) it would have been Raymond Nasr — or someone quoting him. “Raymond’s Clock” is described well in a book called THE REPUTATION GAME by Professor Rupert Younger.
Ev, as always, very thoughtful, sincere, and brutally honest to the original goal. The people who are leaving are rare talents, and I hope they look fondly upon their time at Medium. Bravo for accomplishing such a difficult challenge with such grace.
I hear you. I considered not writing this at all because of that. But I tried to stress the fact that in Jelly’s case, Ben and I had that outlier “rare case.” But, I work with several startups that struggle to raise money as well as do some investing in startups so I felt I had some useful tips.
I did fund Jelly at first to see where it would lead. When we knew we were going to build a company, a service, and a business we took venture capital. The reason for not self-funding is that you don’t get the advantage of pushback from your investors and board. If you have deep enough pockets and self-fund, then your power is not checked. I think it’s important to have that helpful pushback.
Josh is right. At my partner meeting with Greylock I began by holding up a one square inch piece of torn paper and said, “I’ve come prepared.” It had one word reminders of everything I wanted to say.
In any presentation, a deck should just be illustrations that make your story more colorful. You should be able to tell a…