Home Venture Capital My VC resolutions for 2024 – Matt Turck

My VC resolutions for 2024 – Matt Turck

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My VC resolutions for 2024 – Matt Turck

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1) Be an AI chief: Purchase at the least one share of Open AI in that worker secondary at an $86B valuation – then change web site and all social profiles to “early believer and investor in Open AI”

2) Leverage the community: In dialog, drop frequent references to “Sam”, “Satya” and “the Besties” – I put within the hours constructing the connection, by liking their tweets and listening religiously to the All-in podcast, now folks have to know I’m tight with these guys

3) Add worth: Components 1 is a serious sport within the US now, and founders in my portfolio will need know that I “get it”. Plan on attending a number of Grand Prix in 2024. Whereas in Miami, Vegas or Monaco, ship founders energizing texts like “Do you will have the DRIVE TO SURVIVE?”, or “What would it not take for us to be in POLE POSITION subsequent 12 months?”. They might not reply, however I do know they may recognize.

4) Refine funding thesis: Okay, so, I haven’t actually completed a brand new deal in over a 12 months. What do different VCs spend money on today? AI is cool however exhausting, modifications like daily. Protection tech appears scorching, and blowing sh*t up is enjoyable, so possibly? Heard about “nuclear fusion” and “superconductor” – ask ChatGPT to elucidate these “like I’m 5”, then tweet that out, to determine thought management

5) Encourage: Founders find it irresistible when VCs tweet throughout weekends and holidays issues like “How dangerous would you like it?” or “Hustlers by no means relaxation!”. Pre-schedule a bunch of these tweets to routinely publish all year long.

6) Be a VC chief: Founders calling me on a regular basis will get annoying, however I at all times have time for journalists. On the report, touch upon VC companies doing layoffs or shutting down and say it’s “wholesome for the trade”, however doesn’t have an effect on me as a result of I’m “prime quartile”. Off the report, give the journalist an inventory of GPs who beat me on offers as examples of parents who’re “in deep trouble”.

7) Keep match: First it was kitesurfing, then it was pickleball. Nowadays it’s jiu-jitsu a la Zuck, Elon and Lex Fridman. Probably additionally padel? Gosh, few perceive the extent of stress VCs are beneath to carry out.

8) Be a grasp planner: Didn’t do a superb job planning final 12 months. Designer garments confirmed up late at Artwork Basel, didn’t get my regular suite improve on the Crosby Lodge in SoHo, and missed the most effective DJ set at Slush. Do higher in 2024. Improve my boat setup for Mykonos this Summer season, and be the final word “man within the marina”.

Completely happy new 12 months! LFG 2024!

P.S. Holding myself to the best normal 12 months after 12 months, see 2023 VC resolutions, 2022 VC resolutions

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