CEO & Founder @ventureoutny, President & Co-Founder @nycinnovationco, Tech Enthusiast and Inept Triathlete
New York, NY
Joined June 2010
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Brian Frumberg retweeted
For the first time since 1995, your New York Knicks have achieved 50 wins in BACK-TO-BACK seasons.
SHOCKING statistic… New startup formation in China:
2018: 51,302 startups
2023: 1,202
2024: on track to be even lower
ft.com/content/1e9e7544-974c…
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Brian Frumberg retweeted
BREAKING NEWS
thousands of stoolies and spring breakers witness “$PORTNOY ON SOLANA” being flown over Miami Beach
@stoolpresidente
@barstoolsports
#PORTNOY
Brian Frumberg retweeted
The most successful startups are not built on the strength of an idea alone, but on the team's relentless pursuit of excellence. Remember, it's not about having a good idea on day one, but about finding a problem worth solving and then solving it better than anyone else.
Brian Frumberg retweeted
Founder-led sales initially isn't about generating revenue.
(read that one more time)
It's about deep discovery from Day 1, doubling down, knowing where to focus -- and, most importantly, where not to focus re: crossing things off the list via invalidation.
These early insights (1) fuel product (2) align the entire team around a very specific target market to generate initial $1MM.
Imagine waiting on the product before starting founder-led sales. By doing so, you significantly stack the odds against yourself. This is when folks run out of time.
Brian Frumberg retweeted
Pre-seed rounds are back to $500k at 5-10m, seed rounds 1-2m (10-15m)
Which is ~2009-2014 era
Founders are getting it done with less, and teams of 2-3 builder founders are running the show now.
“Idea” founders outsourcing tech not getting funded any more.
Galactic
DMB
Lettuce
Tedeschi Trucks
Phish
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So impressed by my friends Emily and Jamie and inspired by their daughter Alice!
8-year-old Alice is our donor from🇺🇸
Together with her mother, she supports U24 and joins our fundraisers. Recently, Alice dedicated an essay to Ukrainian children who were forced to leave their homes and seek refuge in other countries.
Thank you to every kid who supports🇺🇦
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FACTS
"Dear founders, if you want to partner with a firm that's aligned with your incentives, partner with a firm that doesn't have a lot of money." -@fredwilson #nycsummit
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Well, Sarkozy is bought and owned.
Disgraced former French President Nicholas Sarkozy (who has been convicted of fraud) declared himself a Putin sympathiser. I can’t understand why these dishonest washouts all seem to align themselves with Putin nytimes.com/2023/08/27/world…
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Been saying for a decade this time will come. Total invested capital is next. Thanks for the share @shaig!
This quoted post is unavailable.
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Brian Frumberg retweeted
As a VC, asking the "right questions" to build conviction quickly is more important than ever. As a founder, knowing the difference btwn "information gathering" + "conviction building" can make or break your raise.
Check out our latest on increasing conviction while saving time.
Brian Frumberg retweeted
Investors who make the earliest Commits are the stars of pre-seed rounds.
Especially those that don't ask "who else is investing?"
They are often not mentioned in the final fundraising announcement but are the spark that gives the whole round momentum.
