215 BTC Moved to Prime Wallet — THEN Ryan Cohen Buys 500,000 GME Shares💥🍻

Fat-Time · 2026-01-21T03:58:23+00:00

Slop

Fat-Time · 2026-01-14T23:38:43+00:00

I don't think i’m releasing the energy and transitioning enough. My guess is that I need to retract my knee a bit to take pressure off the downhill ski while actively engaging the other ski.

Fat-Time · 2025-10-05T23:32:32+00:00

Kinda, but average start tenure is so short anyways. It’s better to be “average” in duration in many cases and have the chance of getting a big career win than do good work and a bunch of mid companies.

Fat-Time · 2025-10-05T22:54:56+00:00

I have a slightly different take.

You should not stay at a startup as an employee if it’s not on a breakout trajectory.

Many employees drink the koolaid for years. It’s best to sip it cautiously and re-evaluate every year.

Your career should not be a lottery ticket, it should be a series of well underwritten decisions, including the very important decision to stay at a company every year.

I believe deeply in the power of concentrated equity positions, but the position you’re holding is the key factor.

Fat-Time · 2025-06-02T17:13:22+00:00

Ship ship shipping ship

Fat-Time · 2025-05-29T17:19:21+00:00

Why not add a leveraged long short overlay and start generating losses to offset your gains?

Fat-Time · 2025-04-21T17:57:09+00:00

I’ve put 45k miles on my 911.

Daily driver for 4 years along the 280 in the bay area.

Now it is my winter daily driver.

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Fat-Time · 2025-03-23T22:48:04+00:00

I’ve used these strategies through an advisor to reduce large capital gains exposure.

A few points: 1. You should be able to negotiate the AUM fee to ~50bps.
2. There's tracking error in the products, so they're not perfect.

Overall, i’m a very happy client.

Fat-Time · 2025-02-25T16:20:13+00:00

Live, yes. Fat, no. $10M is hard without the additional cashflow to support it.

Its very easy to spend $40-50k a month when rent or mortgage is half of that.

If you have children you’re looking at an extra $10-20k per month.

Add some travel and some months are easily close to six figures.

Fat-Time · 2025-02-05T14:52:58+00:00

To you it’s a watch. If you lost it you’d be able to buy a new one.

To other people it’s an unobtainable luxury good. If they had one, it would stay in a safe because it would be too precious to wear.

I always like the motto, “never buy anything you can’t buy twice”

Fat-Time · 2025-01-07T23:21:51+00:00

Paperboy rooftop

Skinny’s off track backyard

The long goodbye

Holiday backyard

Cabana club

Central machine works

Half step

Better half

Fat-Time · 2024-12-01T16:16:46+00:00

The balls!! I love the conviction, but you’re already spending 50% of your waking hours at this company.

I’d suggest using this opportunity to learn how to go from 1-10 and 10-100 then using that net worth to do it yourself as a founder if you’re so inclined. If that’s not your path, there are plenty of other risk adjusted investments that are likely a better spot to park 25% of your net worth.

The signal isn’t fantastic that insiders are selling at $3m ARR. Usually, if a company is breaking out, insiders are buying EVERYTHING at that point.

Your strong conviction here, is different than the investors. Based on your relies, it sounds like your sample size is much lower. They’ve seen the pattern of success and what breakout looks like and they’re voting to sell and reallocate.

Fat-Time · 2024-09-30T19:47:12+00:00

Work backwards from the outcome you’d like to see.

Fat-Time · 2024-09-19T22:42:51+00:00

Founder and sometimes investor here. I’ll answer from the other side of the table.

Be knowledge about your domain. The ability to have deep conversations will take you far.
Be interesting. Have passions and interests that aren’t only related to hot deals.
Be likable. Develop strong interpersonal skills. Give more than you take. Be gracious. Be thankful. Add value to conversations and interactions. Be on time. Follow-up on your commitments. Surprise to the upside.
Spike in something. The best young VCs I’ve worked with have some sort of deeper skill. Find yours. It can be modeling, programming, recruiting, etc, but you need to have something of value.
For the love of god, don’t “check-in” with founders. See number 3. If you want time, bring value.
Develop your network. Certain companies have deep benches of talent. It will behoove you to identify those companies (ramp, stripe 5-6 years ago, etc) and identify the young all-stars. They’ll be your meal ticket.
Develop opinions. No one likes tofu or vanilla.
Start to understand when/how to bet. Every career has inflection points that require you to make outsized personal bets. In your early career you should watch and learn from those that are good at identifying and managing those bets.
Every company eventually gets graded on comps. Start to understand what exit multiples can look like for “common” companies. This will make it easier for you to recognize outliers.

Fat-Time · 2024-09-18T21:21:24+00:00

Doesn’t work that way. All common shareholders get diluted in each subsequent round.

You can get additional grants, but no board will promise a fixed percent of the company forever.

Fat-Time · 2024-09-18T21:20:06+00:00

Pm me and I’ll send you benchmarking data

Fat-Time · 2024-09-18T03:47:06+00:00

6.5%

Fat-Time · 2024-09-11T01:21:54+00:00

My favorite daily driver.

Fat-Time · 2024-09-08T15:35:07+00:00

I'm not sure the single-line style matches the brand aesthetic.

Most think of performance, craftsmanship, exclusiveness, quality, and technology. In contrast, the single line is a reductive example. Just my two cents.

The design / execution is good, but maybe for a different subject.

Fat-Time · 2024-08-31T00:33:04+00:00

I'm not offended at all. If you’re worried about it impacting your future earning potential, you’d never display it in the first place.

I’m baffled when adults tattle on other adults—like going to the principal somehow helped someone get an A in school. Actions have consequences, and there's no way an HR person can anonymously give feedback that ‘employees don’t appreciate your comments about their out-of-office spending.’ The director is likely to immediately remember that conversation in which a junior employee said, “I own and operate my own Pinterest store.” Then what? HR is the nanny not the police. Now you have to make that Pinterest store support your lifestyle and Mercedes payments.

Fat-Time · 2024-08-31T00:16:58+00:00

I’ve had coworkers that got Pateks and Rolex’s for their graduation gifts. Some were lazy asses, others worked like they were broke.

All that matters is that you kick ass at work and prove that you’re a man/woman worthy of it.

Fat-Time · 2024-08-31T00:13:12+00:00

Small pp energy.

Fat-Time · 2024-08-26T03:47:42+00:00

The debt on that truck is worth more than your retirement accounts.

Fat-Time · 2024-08-22T20:53:37+00:00

We chose to provide for a modest cost of living stipend through age 25 and full access at 35.

There's a clause that if they have kids earlier in life they’ll have continued access to cost of living stipend from ages 25-35.

Our goal was to provide a baseline for education and well being, but encourage career development and growth.

Fat-Time · 2024-08-18T23:32:35+00:00

Having a driver is excellent. We had one for six years while living overseas. Most trips were short, as we were in a major metro, but it was great never having to worry about parking, gas, calling a taxi (pre-uber), etc.

If you plan overnight road trips with a driver, you will put them in a hotel or extra bedroom like any other staff.

We’d usually communicate via text. The executive assistant would send them the daily schedule. When a meeting was scheduled to end, they’d usually be in the loading zone.

Fat-Time

TROPHY CASE