a premier financial consulting, business development and private equity firm focused on impact investing | Americas | Caribbean | Asia
Miami, FL
Joined July 2015
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Logos Capital retweeted
consensus is hard, not just for computers
the real challenge for interoperability is the human communication (and ego), technical part is an implementation detail
How do we “out-cooperate” — as @gregory_landua would say — the competition, for the greater good of planetary regeneration?
💚
@BICOWG re #ReFi coordination
Logos Capital retweeted
Anytime I go abroad, I’m annoyed that America doesn’t force us as kids to learn multiple languages and teach it in a way that matters, not by memorizing words for a test.
Speaking 2 languages is basic around the world.
Logos Capital retweeted
Carbon Fact of the Week: #47
That’s where the US #military would fall on the list of CO2 emissions by nation-state, if it was one.
With 1.2 billion tons of #GHG emissions since 2001, the #Pentagon alone is responsible for over half of the US government’s…lnkd.in/gTaggkbY
Logos Capital retweeted
No one has an obligation to help you
This was hard for me to accept early on when I went to my past colleagues, mentors & friends for money, advice or time
Many helped, but many didn’t
It’s not personal tho, everyone has things going on. Your most important thing is not theirs
Logos Capital retweeted
Our plan is to do these rounds every 2 years so that existing shareholders (current & former team members + investors) can sell shares (or buy more).
This allows us to plan long-term, but also give team members who want to pay off debt, buy houses, etc a path to liquidity now.
Logos Capital retweeted
AngelList helped us put together a roll-up vehicle (RUV) that combined money from 48 individual investors into a single entity that purchased shares from team members who wanted to sell.
The oversubscribed deal valued ConvertKit at $200M & 3.2% of the company changed hands.
Logos Capital retweeted
Equity
Having real ownership in a successful company is the best way to build wealth. But it can also completely fail.
I’ve been on both sides.
ConvertKit equity is 95% of my net worth, but an early startup I worked at failed and I ended up getting a payout for $0.68.
Logos Capital retweeted
Profit Sharing
We want everyone in the company to make decisions as if they are spending their own money—because they are.
52% of the profit in the company is paid directly to the team. It’s important that it’s more than half.
8% goes in a bonus pool for execs & 40% to owners
Logos Capital retweeted
Enter the ConvertKit Model of Compensation:
You need a well rounded approach to compensation.
That’s where our quadrants come in: covering short-term vs long-term and guaranteed vs performance based.
Logos Capital retweeted
In the last 5 years, we’ve paid $3.9 million in profit sharing to the ConvertKit team.
While most companies hope to return money to shareholders in a moonshot acquisition, we’ve created a unique model to help our team think like owners.
Here’s how our compensation model works:
Logos Capital retweeted
Just saw a startup deck with a slide:
“Why we lose deals”
There is no better way to excite an investor than to show them you know exactly where your blind spots are.
Identify them, provide a pathway to resolution.
Present the problems, don’t let them ask them and linger.
Logos Capital retweeted
How might web3 be used to regenerate the world for everyone’s benefit?
This is the question that led to the creation of Schelling Point, our IRL regen conference.
ICYMI last month in🚲🌷Amsterdam🚲🌷 - here's your 3min recap! youtube.com/watch?v=gErxi15w…
Logos Capital retweeted
Banco de Moçambique
Bank Al-Maghrib (Morocco)
Bank of Sierra Leone
Bank of Zambia
Central Bank of Lesotho
Central Bank of Liberia
Central Bank of Sudan
Financial Regulatory Commission of Mongolia
Ministry of Finance, Zambia
Palestine Monetary Authority
Reserve Bank of Malawi
Logos Capital retweeted
Central Bank of Egypt
Central Bank of Jordan
Central Bank of Nigeria
Ministère de l'Economie, des Finances et du Plan du Sénégal
Superintendencia de Bancos de la República Dominicana
Banque Centrale de Mauritanie
Banque Centrale du Congo
Central Bank of Armenia
Bangladesh Bank
Logos Capital retweeted
National Bank of Rwanda
Nepal Rastra Bank
Sacco Societies Regulatory Authority (SASRA) Kenya
State Bank of Pakistan
Superintendencia General de Entidades Financieras de Costa Rica
Superintendencia de la Economía Popular y Solidaria de Ecuador
Banco Central de El Salvador
Logos Capital retweeted
Central Bank of Eswatini
Ministry of Finance of Eswatini
Central Bank of Jordan
Central Bank of The Gambia
Comisión Nacional de Bancos y Seguros de Honduras
Direction Générale du Trésor, Ministère des Finances et du Budget, Madagascar
Maldives Monetary Authority
Logos Capital retweeted
Banco Central de São Tomé e Príncipe
Banco Central del Paraguay
Banco Nacional de Angola
Bank of Ghana
Bank of Namibia
Bank of Uganda
Banque Centrale de la République de Guinée
Banque Centrale de Madagascar
Banque de la République d'Haiti
Banque de la République du Burundi
Logos Capital retweeted
Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country.
Logos Capital retweeted
how about an impactDAO iOS where so projects can search by social form of capital they want to have a positive impact on and find web3 primitives they can modularly add to their impact stack?
We stop reinventing wheels and share our public goods to the values-aligned ecosystem
Logos Capital retweeted
Thanks @ndahlberg, @rileywk, and @refreshmiami for sharing our exciting news from @aspenideas climate featuring two of our cohort 1 startups crushing it on the Aspen pitch stage!
NEW on Refresh: Leaders put tech in the spotlight at Aspen Ideas: Climate conference in Miami Beach - @rileywk breaks down his top 4 takeaways refreshmiami.com/leaders-put… #MiamiTech @aspenideas #AspenIdeasClimate @SeaworthyGlobal @MayorDaniella @FrancisSuarez #MiamiBeach
