Summer Ruminations - by Aashay Sanghvi
“In recent years the investors have started to seem a little less essential. There are so many of them and they have so much money and they are so transparently thirsty about giving it to entrepreneurs.” — Matt Levine, We Looks Out for Our Selves This summer, I graduated from college, moved to San Francisco, and joined the investment team at Haystack alongside my colleagues Semil and Ian. I’m lucky to have a job that provides a unique lens into talented people building the future, as well as one that gives me the ability to consistently soak in the “local knowledge” of Silicon Valley. Looking at it from a few months out, my path into venture was the right mix of deliberate and fortuitous. Considering the job at the moment, I’ve consistently pondered three sets of questions: Why should people invest in startups in the first place? How can one make investment decisions with little data? Are there existential risks threatening the venture landscape? Do they apply more directly to seed inv
Summer Ruminations Digesting my time on the job // the state of seed investing in 2019 Aashay Sanghvi Aug 20, 2019 Share Me: “It’s a strange time to enter venture.” Acquaintance: “People say that every summer…it’s always a strange time to enter venture.” “In recent years the investors have started to seem a little less essential. There are so many of them and they have so much money and they are so transparently thirsty about giving it to entrepreneurs.” — Matt Levine, We Looks Out for Our Selves This summer, I graduated from college, moved to San Francisco, and joined the investment team at H
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