Ephraim Yarmak’s Post

"𝐈 𝐡𝐚𝐯𝐞 𝐀𝐩𝐡𝐚𝐧𝐭𝐚𝐬𝐢𝐚. 𝐓𝐡𝐞 𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐭𝐨 𝐯𝐢𝐬𝐮𝐚𝐥𝐢𝐬𝐞 𝐚𝐧𝐝 𝐈’𝐦 𝐚 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥𝐢𝐬𝐭!" Lance Wiggs has over 10 years of experience as a venture capitalist and considerable experience helping to start, grow, turn around, and exit companies as a consultant, investor, co-founder, and director. He is a principal with Punakaiki Fund and Climate VC Fund, and has invested in well over 40 companies. In this episode, we discuss the importance of making good decisions in business and how Lance helps CEOs and founders make better decisions. We talk about the Government and whether they should invest in our ecosystem and many more topics including Lance’s Aphantasia. Follow ⁠Lance Wiggs Follow ⁠Punakaiki Fund⁠: Watch the full episode on YouTube or listen on Spotify with 🔗 in the comments below 👇🏻 Brought to you by: 🎙: Troy Hammond 🎥: Jono Tucker 💰: Talent Army

One of the questions Cheryl Mack and I get asked the most is how we diligence companies and make investment decisions. My top tip? Keeping a Decision Diary is an ideal starting point for angel investors. This advice came from a friend early in my investing journey, and it’s been an incredible tool that I've honed and expanded on since then. By documenting your decisions, the reasoning behind them, and addressing your diligence questions beyond just "Does this company work?" you can assess the quality of your decision-making over time. In the spirit of the First Cheque Podcast's mission to open-source investor insights, our latest episode covers decision-making, checklists, decision diaries, anti-portfolio views, and the essentials of good decision-making hygiene. Plus, I've open-sourced my Decision Diary template on Notion for anyone interested 📝 Links in the comments. cc Aussie Angels Co Ventures

The wisdom dropped per minute on this episode with Jaap Vriesendorp is unparalleled. "The truth of the matter, when we look at the data, is that entry points matter much less than the exit points. Because venture is about outliers and outliers are created through IPOs, the exit window matters a lot. And to create a big enough exit window to let every vintage that we create in the fund of funds world to be a good vintage." Really makes you think that time diversity matters not only on entry, but on exit.

“When you invest in venture actually matters.” Jaap Vriesendorp is a legend. There’s no doubt about it. Whether you believe me or not, Episode 6 of this season of Superclusters is a must-watch. By far, one of the most deliberate guests I’ve had on the podcast so far. Not only does he break down the three pillars of building a community of entrepreneurial LPs, but also shares 3 facts that led him to create Welt Ventures’, now Marktlink Capital’s portfolio construction model. My 3 biggest takeaways: 🚪🏃 Exit windows matter more than entry windows. “The truth of the matter, when we look at the data, is that entry points matter much less than the exit points. Because venture is about outliers and outliers are created through IPOs, the exit window matters a lot. And to create a big enough exit window to let every vintage that we create in the fund of funds world to be a good vintage." 🏆 The Champion's League Effect “85% of returns flow to 5% of the funds, and that those 5% of the funds are very sticky. So we call that the ‘Champions League Effect.’" Jaap and his team constantly spend time looking at the data behind venture and is probably one of the most data-informed teams out there. He breaks down in the episode as well why his portfolio construction is 80% established, and 20% emerging managers. 🤗 Great communities all have 3 things: fun, value, uniquely organized knowledge. You need all three to create a community where each node of the network creates compounding effects. And much much more, including how much individual LPs often allocate to venture. Full episode in the comments!

Key Investment Research Every Startup Founder Should Be Doing As a startup founder, understanding investment terms is crucial for success. In this clip from our latest episode of What The 3, Sebastian S. breaks down the basics that often get overlooked: - Investment Types: Learn about the different money pools you can tap into. - Raising Vehicles: Understand SAFE, convertible notes, and their implications. - Shares and Rights: Get to know preferred shares, participation rights, and option pools. - Board Rights and Vesting: Awareness of these things is vital for negotiations. Sebastian emphasises that being well-informed can significantly impact the outcome of your investor negotiations. Follow us for more insights and check out the full episode on YouTube, X and Spotify this coming Thursday. HOST: Charlie Algar #WT3Podcast

Great episode by Omri Casspi and Jay Simons, highly recommended! 🚀 Jay’s journey from CRO at Atlassian to GP at Bond is nothing short of inspiring. His expertise in GTM strategies and investments, combined with his unique perspective as a leader, makes this conversation a goldmine of insights. Here’s a small part where they talk about Eon.io where we are fortunate to be co-investors alongside him. Check out the episode, link in the first comment. Swish Ventures

Shark Tank India Drama: Why Do the Sharks Hate Famous Founders?" Last night’s episode featuring Gaurav Taneja (Flying Beast) wasn’t a pitch—it was a roast. The man sold ₹1 crore worth of protein powder from a password-protected landing page, yet the Sharks seemed more interested in his fame than his business. Their main beef? "Your operations guy only has 11% equity." Bruh. Who cares? In the protein business, operations are plug-and-play. Factories in Delhi NCR will make your product at any scale, any quality you want. The real challenge? Selling it. And Gaurav’s marketing is on point, with a 4x ROAS. But then came the classic creator-hate: "Which creator-led brand has ever succeeded?" Umm, ever heard of: - Air Jordans: Nike made the shoes, but Jordan made them iconic. - Prime Hydration: Logan Paul and KSI turned this into a cult product. - Feastables by MrBeast: Millions in sales through audience trust. Creators are kings of trust marketing, and Gaurav’s audience backs him. So, what’s the Sharks’ real issue? - Ego: Famous founders don’t need their validation. - Insecurity: When a creator walks in, the Sharks lose the spotlight. - Gatekeeping: Success isn’t exclusive to their inner circle. And let’s not ignore their “skin in the game” argument. If your business requires you to micromanage, that’s poor leadership, not hustle. Gaurav knows this—he’s built systems so he can focus on scaling. Its best example is Astrotalk's founder Puneet Gupta. This wasn’t about operations or equity; it was a classic case of “You’re famous, so you can’t be a real entrepreneur.” But if selling ₹1 crore with a landing page isn’t “real,” what is? Let’s be real: The Sharks don’t hate Gaurav’s business. They hate that he’s succeeding without playing by their rules. What’s your take? Drop your two cents below because this protein shake isn’t settling anytime soon. 🥤💥

Keep an eye out for an upcoming podcast episode by Matthew Gira ! In the upcoming episode, Matthew invited Stephen Wierenga , President of SWYFT Solutions to explore the new product development process. Here's a sneak peek at some of the topics: - "Let’s say I have this million-dollar idea, but I don’t know how to make it. What would be your first step in making this million-dollar idea?" - "For a lot of physical products, funding seems to be a necessity to really get started. Have you seen that be true?" - "Now that you have everything ready to manufacture the product, how would you go about finding a manufacturer?" Curious to learn more? Tune in to the podcast episode to hear Stephen's insightful comments about the world of product development.

Listen to the latest episode of Zypsy #podcast, where Héctor Giner reveals the secrets behind transforming visions into successful launches. 🚀 Dive into a captivating conversation packed with actionable insights and expert advice! 🎧 https://lnkd.in/g97mmnP3 #ProductLaunchSuccess #Podcasting

We partnered with Walter Thompson, former TechCrunch editor to create Fund/Build/Scale as a podcast to provide actionable advice to ideation stage AI founders. The final episode of our 10 part series features Manish Chandra and Dheeraj Pandey, two Mayfield serial entrepreneurs who have built iconic consumer and enterprise companies - Poshmark and Nutanix. Their evergreen learnings should be a great guide to founders who are starting their journey: 1. Prioritize reducing friction from every process. 2. Embrace a design-first mentality from Day Zero. 3.It’s tricky, but you need to find the right balance between confidence and humility. 4. You are the face of the company, so “keep it 💯.” 5. Idea-stage founders have more freedom than CEOs of public companies.  6. Building a strong personal network is part of your job. Listen to podcast here: https://lnkd.in/esgqH7y3