Stripe - A Lesson for Startup Employees, Ugly Lessons from SVB, a Deep Dive on Data, and a Full Breakdown of GPT-4

Social Leverage Letter | Issue #81

Pete Weishaupt
March 19, 2023

Get smarter faster with our curated list of thought-provoking content for founders and investors:

3 articles, 2 podcasts, and 1 video.

Was this email forwarded to you? Sign up here.

READING

III. Stripe - A Lesson for Startup Employees - What Could Have Been If They IPO'd Earlier

Founders can learn a lot from the recent funding round for Stripe and its impact on employee equity. Vieje Piauwasdy from Secfi provides multiple scenarios for a Stripe employee selling their shares in the upcoming tender offer, including the tax implications and potential payouts. Employees should evaluate their cash needs and financial goals before deciding whether to sell or wait for an IPO.

Stripe - A Lesson for Startup Employees - What Could Have Been If They IPO'd Earlier | Howie's List

Join my personal email list and get my daily take on life, markets and investing for profit and joy. And I might talk about my prostate, so what do you have to lose?

www.howardlindzon.com

II. The Ugly Lessons of Silicon Valley Bank’s Collapse

The collapse of Silicon Valley Bank has many lessons that can be learned from it. The bank misjudged the risks of higher interest rates and inflation, leading to a mini tech downturn and a bank run. The debacle highlights some of the hypocrisy of the startup culture, which was exposed as careless with money, clueless in judgment, and ruthless in exercising political clout. Many have, and will continue to question the wisdom of storing all assets in uninsured accounts in a single bank.

The Ugly Lessons of Silicon Valley Bank’s Collapse

Notoriously smart risk-takers missed a huge threat under their own noses, while avowed libertarians begged for government help.

www.wired.com

I. The Three-Year Life Audit

Psychologist Anna Akbari encourages us to reflect on own personal transformations over the past three years amidst societal changes caused by the pandemic. She suggests taking stock of social ties, heroic feats, new elements, things let go of, and new aspirations. Akbari emphasizes the importance of focusing on personal growth and taking big swings in life to help us find more satisfying alternatives.

The Three-Year Life Audit

Personal Perspective: We each have a personal narrative about our lives.

www.psychologytoday.com

LISTENING

II. Auren Hoffman, CEO of SafeGraph - A Deep Dive on Data

Auren Hoffman - A Deep Dive on Data - [Invest Like the Best, EP.320]

Listen to this episode from Invest Like the Best with Patrick O'Shaughnessy on Spotify. My guest this week is Auren Hoffman. Auren is the CEO of Safegraph, which curates da...

open.spotify.com

I. Talking Testosterone and Longevity with Hone Health Co-founder and CEO Saad Alam

Talking Testosterone and Longevity with Hone Health Co-founder and CEO Saad Alam (EP.245)

Listen to this episode from Panic with Friends - Howard Lindzon on Spotify. There’s a massive unspoken epidemic going on globally in men’s health right now – low T-scores; and p...

open.spotify.com

WATCHING

I. GPT 4: Full Breakdown (14 Crazy Details You May Have Missed)

JOB BOARD

Explore openings at our portfolio companies:

Social Leverage Job Board

Search job openings across the Social Leverage network.

jobs.socialleverage.com

Featured Job:

Logixboard - Product Manager, Shipment Visibility

About you: Are you interested in having a huge impact on the vision and direction of a fast-growing company? From ideation to job-to-be-done, we are looking for a Product Manage...

jobs.lever.co

Affiliate Disclosure: Social Leverage Group, LLC ("SLG"), Social Leverage Capital Fund I, LP ("SLC"), Social Leverage Capital Fund II, LP ("SLCII"), Social Leverage Capital Fund III, LP ("SLCIII") and Social Leverage Capital Fund IV, LP ("SLCIV") are all distinct entities from Social Leverage, LLC ("SL"). Social Leverage is not a registered investment advisor. SLC, SLCII, SLCIII, SLCIV, SLG and SL have used the logo and branding of Social Leverage with the permission of Social Leverage Group, LLC.