Founder of XOXO Capital
A Preamble On Markets I can't title something like this without mentioning how tough the markets have been the past few weeks. I, much like you, have definitely been measuring my stock + crypto portfolio. It's much lighter than it used to be! Luckily I am mostly
💡Keep in mind, these thoughts apply to our small portfolio. My thoughts would shift if we had larger companies that could individually support full time staff. We should build a content factor. There are effectively two activities in company building (at the beginning). There's building and there'
We've been running a micro PE fund for 18 months now. It's a fundamentally different business This week at XO, we had a little bit of a customer support wake up call. Inadvertently, we were prioritizing new code and new features over existing customers. For the
Starting companies with people you've only interacted with online sounds like it shouldn't work. Or at best (worst?) you crypto heads will think "Oh yeah there should be a DAO for that to coordinate between parties who don't trust each other fully"
Timing the market is impossible. Actually I don't believe that at all. Do you remember '08? I was in college, but I remember it well. Kids were dropping out of school bc their parents couldn't pay for it. Friends' parents were losing houses, jobs,
Some days you wake up and nothing material happens. Other days you wake up and Andrew Gazdecki from Micro Acquire puts you on a billboard on a boat in Miami. Life is so rich. XO Total MRR: $19,739 This month, the focus was mostly on raising capital. We went
At the beginning of the month we decided to go out and try to raise $1M in equity into XO Capital. We failed. I'm being a little flippant. I pulled our fundraise. The truth is I just didn't get the terms I expected, and we made
💡All in, this DAO cost me over $600 to set up. It's not California bad but it's still a pretty confusing process (and yes CA will want their $800 pound of flesh). Despite being around for several years now, these DAO products are still pretty rudimentary.
First off. This is not legal advice, or advice at all. These are the uninformed opinions of a  dude in his early (mid?) 30s okay, so like please disregard. P.S. Don't worry, XO is not going off and doing random crypto stuff now, we're still
Portfolio
I don't know where March went. Partially bc I went on a vacation (WUT!?!). Danny held the fort down and I figured out how to do async tech diligence. Also discovered I'm useless without my 3 monitor (+iPad for meetings) set up. Yes I know how
I remember pitching a machine learning company 6 ish years ago and all the VC folks wanted to talk about were moats. What's your moat? Do you have a data moat? How easy would it be for competitors to get access to the data you have? It turns
Portfolio
This week, we acquired inlytics.io, a LinkedIn analytics tool focused on helping companies view and optimize their content performance. Pretty neat. This is the first acquisition with serious platform risk. It took me (personally) a good month to get comfortable with this. As an indie hacker, these types of