[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] [@endowment_eddie](/creator/twitter/endowment_eddie) "Yes I tweet about venture. But: X. Evernote remains at the top of my stack X. My car has manual locks and windows X. I still drink alcohol X. Taste is a disorienting word for me X. I wince when fees dont step down on a successor fund"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1948048931759210951) 2025-07-23 15:53:52 UTC 4340 followers, 2378 engagements "When you say privates havent kept up with publics you should really say privates havent kept up with the Mag X. There are XXX other S&P companies that have barely gone anywhere. If you want to hold X stocks go for it. PEVC v. R2000/S&P493 is a diff story. Source: Goldman"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1946138605664993319) 2025-07-18 09:22:55 UTC 4340 followers, 477.5K engagements "Fair points taken down to cash flow level the story changes. Assuming XX% initial that is $450B invested about $90B per year avg (directionally right eye balling Pitchbook with XX as outlier). In this scenario which is very right tail distribs are likely above that driving CF+ dynamic. Calls have modestly but not materially outpaced distributions in the last X years to drive the CF- dynamic. So to your point higher than not odds this dynamic continues"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1944471299205595310) 2025-07-13 18:57:38 UTC 4333 followers, 2066 engagements "Harvey isnt some breakthrough in legal AIits ChatGPT with a law costume. Lovable isnt revolutionizing codeits Claude with pretty buttons. - @rodriscoll on @twentyminutevc Not enough people talking about this"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1945822790092804341) 2025-07-17 12:27:59 UTC 4340 followers, 64.8K engagements "Backing repeat offenders could be a sick tag line targeting 2nd time founders"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1946625030881710557) 2025-07-19 17:35:48 UTC 4340 followers, XXX engagements "My pizza guy bought $XRP at $XXXX and $BTC at $2k. He now owns a house and slings pies like no ones business. Meanwhile I still cant afford a house to raise little Family Office Frank and Pension Polly"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1948521922091700632) 2025-07-24 23:13:22 UTC 4340 followers, XXX engagements "@grok Grok We just talked about this. Too late to edit"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1947435683590946941) 2025-07-21 23:17:03 UTC 4314 followers, XX engagements "Someone bring the Justice Department a compass and a map"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1946596768168169970) 2025-07-19 15:43:30 UTC 4340 followers, 2202 engagements "@E_Bruxxx Insurtech is my fave. There are so many power law cos in insurance founded annually. A true goldmine"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1948416308179009931) 2025-07-24 16:13:42 UTC 4338 followers, XX engagements "@DelJohnsonVC Idk. Pretty heroic assumption out of the millions of securities in the world to put all your eggs in X stocks XX years ago when decades of data show you the top of the S&P and high priced stocks have gotten slaughtered"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1946158740064858159) 2025-07-18 10:42:56 UTC 4310 followers, XXX engagements "This is the truthGPs who held get terminal multiples that quartile better. Sure still a XX% net IRR but its not all below median"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1947726057513107762) 2025-07-22 18:30:53 UTC 4340 followers, 1879 engagements "If VC is competitive now the what if everything goes right scenario on liquidity will send it to the stratosphere. $140B of market cap from this years IPO ($CRWV $CIRC $HNGE etc.) YTD. $160B annualized M&A. Now add Figma and Navananother $30B of market cap. What if Bytedance and the cohort of $400M+ ARR payroll/payment/expense mgmt platforms go public What about OpenAI Anduril etc. Were talking up to $1TRN or more of active market cap and M&A in the next 12-18mos. Assume VCs own 2/3 of all this and it gets distributed over 3yrs. Wed runrate at $200-250B of LP distributions annually. This"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1944453828029382676) 2025-07-13 17:48:13 UTC 4340 followers, 66.8K engagements "The only real considerations in vc fund investment memos are: 1) lack of power law people 2) lack of power law companies 3) valuations Instead its always the samecapacity/board seats size of active portfolio and fund size. These matter but they arent threshold questions"  [@endowment_eddie](/creator/x/endowment_eddie) on [X](/post/tweet/1948369973140730146) 2025-07-24 13:09:35 UTC 4341 followers, 14.9K engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
@endowment_eddie
"Yes I tweet about venture. But: X. Evernote remains at the top of my stack X. My car has manual locks and windows X. I still drink alcohol X. Taste is a disorienting word for me X. I wince when fees dont step down on a successor fund" @endowment_eddie on X 2025-07-23 15:53:52 UTC 4340 followers, 2378 engagements
"When you say privates havent kept up with publics you should really say privates havent kept up with the Mag X. There are XXX other S&P companies that have barely gone anywhere. If you want to hold X stocks go for it. PEVC v. R2000/S&P493 is a diff story. Source: Goldman" @endowment_eddie on X 2025-07-18 09:22:55 UTC 4340 followers, 477.5K engagements
"Fair points taken down to cash flow level the story changes. Assuming XX% initial that is $450B invested about $90B per year avg (directionally right eye balling Pitchbook with XX as outlier). In this scenario which is very right tail distribs are likely above that driving CF+ dynamic. Calls have modestly but not materially outpaced distributions in the last X years to drive the CF- dynamic. So to your point higher than not odds this dynamic continues" @endowment_eddie on X 2025-07-13 18:57:38 UTC 4333 followers, 2066 engagements
"Harvey isnt some breakthrough in legal AIits ChatGPT with a law costume. Lovable isnt revolutionizing codeits Claude with pretty buttons. - @rodriscoll on @twentyminutevc Not enough people talking about this" @endowment_eddie on X 2025-07-17 12:27:59 UTC 4340 followers, 64.8K engagements
"Backing repeat offenders could be a sick tag line targeting 2nd time founders" @endowment_eddie on X 2025-07-19 17:35:48 UTC 4340 followers, XXX engagements
"My pizza guy bought $XRP at $XXXX and $BTC at $2k. He now owns a house and slings pies like no ones business. Meanwhile I still cant afford a house to raise little Family Office Frank and Pension Polly" @endowment_eddie on X 2025-07-24 23:13:22 UTC 4340 followers, XXX engagements
"@grok Grok We just talked about this. Too late to edit" @endowment_eddie on X 2025-07-21 23:17:03 UTC 4314 followers, XX engagements
"Someone bring the Justice Department a compass and a map" @endowment_eddie on X 2025-07-19 15:43:30 UTC 4340 followers, 2202 engagements
"@E_Bruxxx Insurtech is my fave. There are so many power law cos in insurance founded annually. A true goldmine" @endowment_eddie on X 2025-07-24 16:13:42 UTC 4338 followers, XX engagements
"@DelJohnsonVC Idk. Pretty heroic assumption out of the millions of securities in the world to put all your eggs in X stocks XX years ago when decades of data show you the top of the S&P and high priced stocks have gotten slaughtered" @endowment_eddie on X 2025-07-18 10:42:56 UTC 4310 followers, XXX engagements
"This is the truthGPs who held get terminal multiples that quartile better. Sure still a XX% net IRR but its not all below median" @endowment_eddie on X 2025-07-22 18:30:53 UTC 4340 followers, 1879 engagements
"If VC is competitive now the what if everything goes right scenario on liquidity will send it to the stratosphere. $140B of market cap from this years IPO ($CRWV $CIRC $HNGE etc.) YTD. $160B annualized M&A. Now add Figma and Navananother $30B of market cap. What if Bytedance and the cohort of $400M+ ARR payroll/payment/expense mgmt platforms go public What about OpenAI Anduril etc. Were talking up to $1TRN or more of active market cap and M&A in the next 12-18mos. Assume VCs own 2/3 of all this and it gets distributed over 3yrs. Wed runrate at $200-250B of LP distributions annually. This" @endowment_eddie on X 2025-07-13 17:48:13 UTC 4340 followers, 66.8K engagements
"The only real considerations in vc fund investment memos are: 1) lack of power law people 2) lack of power law companies 3) valuations Instead its always the samecapacity/board seats size of active portfolio and fund size. These matter but they arent threshold questions" @endowment_eddie on X 2025-07-24 13:09:35 UTC 4341 followers, 14.9K engagements
/creator/twitter::1860093000673824768/posts