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Mental Health, SBF, & Memes
Welcome to the first edition of the Jabroni Capital newsletter...
It’s not easy being a VC
Good Morning LPs,
Last week I went viral on LinkedIn after announcing the close of Jabroni Capital Fund I, and the response has been overwhelming.
Just look at this shit…
200k impressions
270 comments
1400+ followers
1,300+ reactions
Hundreds of messages from founders
185 newsletter subscribers
While this is great news for our fund, it’s important that we address the elephant in the room: my mental health. As you all know, being a VC isn’t easy.
Everyday I have to:
wake up at 10am and remind my EA to schedule my meetings
copy paste generic rejection emails and send them to founders
go to sushi dinners with my VC rivals and fight over who gets to put the $1,400 bill on their Ramp card
This workload was overwhelming before. But now that I’m famous, I feel the weight of the world on my shoulders.
That’s why I’m taking a #mentalhealth break this week & flying to my vacation home in Bermuda. I know it might not be as nice as some of your properties, but it’s the perfect quaint little spot for me to decompress from all this craziness.
Jack’s home (it’s like not even that nice)
Now I know as my LPs, many of you will be concerned that my work at Jabroni Capital will grind to halt. But don’t worry, I will be offloading my entire workload to our unpaid intern Jeff.
Jeff didn’t go to Stanford and doesn’t have a rich dad, so he actually has to work and earn his mental health break. Jeff, if you’re reading this - working 15 hours a day for Jabroni Capital is a PRIVLEGE. Grab hold of the Jabroni Capital branded bootstraps I gave you, and get to f*cking work.
For those interested, here’s what I’ll be doing this week to recover.
Taking loud phone calls in a Barry’s Bootcamp workout class
Binge watching Succession & Billions
Dreaming about being a guest on the All in Podcast
Starting each day with my new mantra: I am the man in the arena
Remember, #health is wealth!!!
SBF Found Guilty
Last week Sam Bankman-Fried was found guilty of 7 counts of fraud and faces up to 110 years in prison. There have been endless articles and blog posts detailing the victims of this high profile case. But in our view at Jabroni Capital, there is only one true victim: SBF.
Sam swung for the fences like a true founder should. We venture capitalists always praise stand out entrepreneurs who dare to be different and break things.
I ask you: Who in the tech world is more unique than a polyamorous sex cult ring leader? What founder has broken more (laws) than SBF?
This man stands for everything this industry knows and loves. He asked for forgiveness, instead of permission, and now we throw him under the bus right when he needs our support most.
Frankly, this sort of double standard bullshit makes me sick.
Join My Fundraising Bootcamp
This wouldn’t be a tech bro/VC newsletter if I didn’t shamelessly self promote.
Jokes aside, my full time gig is helping early stage startup founders raise money, and this may come as a shock but I’m pretty f*cking good at it.
This winter I’m running a 2-week fundraising bootcamp to help pre-seed/seed startup founders raise money. I’ve run dozens of bootcamps & helped early stage founders raise $60M+ in the last two years.
(ok, plug complete, time for memes)
Memes
VCs after making one intro for a portfolio company
— Turner Novak 🍌🧢 (@TurnerNovak)
2:01 PM • Nov 5, 2023
Zyn sold 1.1B cans last year
Here's their pitch deck:
— PitchDeckGuy (@BetterPitchGuy)
7:58 PM • Nov 2, 2023
Newsletter Feedback
On a serious note, I’d love your feedback on what sort of content you’d like to see here.
That’s all for this week folks,
Jack Kuveke | GP @ Jabroni Capital
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