Twitter | Search | |
Leo Polovets
General Partner (seed investor in & ). Before: → 2nd non-founding engineer .
16,319
Tweets
462
Following
16,062
Followers
Tweets
Leo Polovets 12h
Replying to @RedRedSuit
And it's hard to say that a city getting 0.1X is being screwed over, because 0.1X is still much better than $0. But it feels unfair and lopsided.
Reply Retweet Like
Leo Polovets 12h
Replying to @RedRedSuit
I think local taxpayers get screwed. Screwed is a strong word though. My take is that AMZN will generate X dollars of "value" for the city it picks. A nicer outcome might be that AMZN gets 0.2X or 0.4X as an incentive. But this auction might mean AMZN captures 0.9X.
Reply Retweet Like
Leo Polovets 12h
We don't do much extra diligence on that front (tbh, that's probably an area for improvement).
Reply Retweet Like
Leo Polovets 12h
We use Typeform.
Reply Retweet Like
Leo Polovets 17h
Replying to @lpolovets
Reply Retweet Like
Leo Polovets 17h
Corollary: learn the base rates for your undertaking. Then ask: what are the conditions that make you more likely to succeed, and (realistically) how much impact will they have beyond the base rate?
Reply Retweet Like
Leo Polovets Nov 13
Replying to @thogge @eladgil and 5 others
Yup. IIRC I mentioned that quote at the end of the podcast.
Reply Retweet Like
Leo Polovets retweeted
James Currier Nov 13
Leo’s right. It’s about defensibility. Building a company takes 100% of your energy. You might as well build one that is defensible. It’s the defensibility which creates the most value.
Reply Retweet Like
Leo Polovets Nov 13
Replying to @KTmBoyle @impcapital
"Laugh at" is a strong phrase, but there are certainly many intros where the introducer provides no real value.
Reply Retweet Like
Leo Polovets Nov 13
I think other people's opinions are data points, and I will weigh those data points depending on the person, but I would not invest or pass just because someone else is doing that.
Reply Retweet Like
Leo Polovets Nov 13
Replying to @jbaksht @impcapital
And that's a good thing?
Reply Retweet Like
Leo Polovets retweeted
Sarah Cone Nov 13
Thrilled to see investor join me in hatred of the warm double opt-in intro, which in addition to taking hours of my day makes Silicon Valley resemble a quaint Jane Austin novel. All hail the well-written direct email.
Reply Retweet Like
Leo Polovets Nov 13
Replying to @impcapital
You clearly didn't get to the second half of the episode where I said that instead of warm intros I prefer snail mail written in calligraphy. 😁
Reply Retweet Like
Leo Polovets Nov 13
I'd like to announce that I plan to buy a second home. I will call it HOME2. I'm taking tax break and incentive offers from cities, and I will bring a decent chunk of my personal spending to the winning city. I promise.🤞 DM me if you're a mayor & you'd like to submit an offer.
Reply Retweet Like
Leo Polovets Nov 13
You may be immune to Harry's, but are you immune to mine, too??
Reply Retweet Like
Leo Polovets Nov 13
Sure! Here you go:
Reply Retweet Like
Leo Polovets retweeted
Leo Polovets Nov 12
It was a blast to do a 2nd podcast episode w/. We discussed several of my favorite business topics: moats & competitive advantages, cold emails vs. warm intros, and delivering feedback. Link: Topics:
Reply Retweet Like
Leo Polovets Nov 12
Thanks Ted! It's been a pleasure to work together :)
Reply Retweet Like
Leo Polovets Nov 12
It was a blast to do a 2nd podcast episode w/. We discussed several of my favorite business topics: moats & competitive advantages, cold emails vs. warm intros, and delivering feedback. Link: Topics:
Reply Retweet Like
Leo Polovets retweeted
Chad Byers Nov 12
Check out my partner on w/ . I always say that Leo loves three things: his wife, venture capital, and his cats. Great episode to learn about the middle one (but can't wait for the cat one!).
Reply Retweet Like