Moneyneversleeps

Eoin Fitzgerald and Pete Townsend take a quick look at the triumvirate of bank failures in the US with Silvergate, Silicon Valley Bank, and Signature Bank before Eoin asks Pete about his lessons learned from seeing over 1,000 deals in the last 18 months, so they riff on easy-to-remember mental models, investing in lines not dots, building relationships with founders, how those relationships evolve post-investment, and the founder having the most credible voice in the room. STORIES COVERED: When it Rains it Pours (Liang Wu, Life in Color blog, 13-Mar-23) Signals: "SVB, Signature, & Silvergate"-gate (Nik Milanovich, This Week in Fintech, 14-Mar-23) Should I Keep My Money in Bitcoin or a Bank? (Daniel Kuhn, CoinDesk, 14-Mar-23) HIGHLIGHTS: 1 - Have a framework - something that you know cold and can work into a conversation with founders, and repetition is really the only way to build the framework into a true mental model.  Pete uses the Techstars framework of ‘team, market, traction, idea’. 2 - Lines n