alfl @AlFl
🐠 Husband 🐟 Dad 🐡 Founder 🇨🇦 Mostly jokes. 🧡 W22 @ Kubelt alfl.guru/?showWelcome=t… Toronto Joined February 2009-
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@Tancrededib Bootstrap until you have a reason for venture.
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alfl retweeted
Canadian founders in a nut shell
@venture_dm There’s also the effect of government matching funds when you reach a certain size of raise from LPs. Given a constant number of startups this inflates required return.
The standard work on this in North America is @HarvardBiz 's "Management Time: Who’s Got the Monkey?"
@charlesmendez Why didn’t you include the LOI in your DD package?
alfl retweeted
I’m always so entranced by the world building of “thearchiveinbetween.” One of the few AI series I’ve seen that has broken through to the mainstream - many normie friends on IG follow the account. We need to get this creator on X…
alfl retweeted
@faizan10114 Maple leaf angels
alfl retweeted
This is my experience pitching a 🇨🇦 gov-funded angel network. I was triple-messaged/asked to pitch them because words got out that some reputable 🇺🇸 fund was leading our round. At that time, our round was already close to complete. I did it anyway as a favor because the staff running the organization helped me out a lot with product discovery earlier and I think they are good people. I had very little patience with unprofessional behaviors coming from the angels on the call. Don’t waste your time on pitching them.
@haider1 And yet you don’t fear breaking its early access NDA?
alfl retweeted
The City of Toronto ... was scalping tickets?
NEW: The City of Toronto says only a fraction of the 2026 FIFA World Cup tickets it bought as an investment remain unsold, with the soccer gamble looking set to pay off a week before the games begin. #ToPoli globalnews.ca/news/11891194/…
@hthieblot More difficult, for me, have been the dips in the “rollercoaster”. Soaring highs follow crushing lows. Maintaining through the low to the next high is harder, for me, than relatively neutral flat patches.
I once pitched a VC, went great, told him we were raising up to five million, all good. Me: “So how much do you want?” Him: “What? All five.” Me: “Well we already have commitments for two and a half.” Him: “No, I want the whole round.” Me: “We have already received some of the wires.” Him: “Man, too bad. Call me for your next one.” => know who you are talking to.
I was once pitching in a board room at a top 3 VC firm for a $15M Series A. 12 people in the meeting. One of the GPs fully fell asleep. Out cold for 30+ minutes. Nobody acknowledged it. Everyone just kept going. I kept presenting my Series A slides to an unconscious man in a
@paulg Or was it an Astroturf campaign that stopped as soon as he left an unpopular administration?
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