Letter of Intent (@letterofintent_) profile picture

It’s a daily email that gives you everything you need to know about Aussie deals with a couple of puns along the way.

Australia
Joined October 2020
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A lot of people pointing fingers at the SVB bank run and subsequent collapse but who’s to blame?
73%SVB (bad investments)
27%VC/Tech (creating panic)
0%The Fed (raising rates)
11 votes • Final results
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Investment banks reported their FY22 financials. Here's a summary of how IB revenues have massively slowed vs FY21... 𝗧𝗢𝗧𝗔𝗟 𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧 𝗕𝗔𝗡𝗞𝗜𝗡𝗚 𝗥𝗘𝗩𝗘𝗡𝗨𝗘𝗦 -53% at Citi -49% at Morgan Stanley -48% at Goldman Sachs -48% at J.P. Morgan -32% at Jefferies
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𝘌𝘲𝘶𝘪𝘵𝘺 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘔𝘢𝘳𝘬𝘦𝘵𝘴 𝘳𝘦𝘷𝘦𝘯𝘶𝘦𝘴... -83% at Goldman Sachs -81% at Morgan Stanley -74% at J.P. Morgan -73% at Citi -65% at Jefferies
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𝘋𝘦𝘣𝘵 𝘊𝘢𝘱𝘪𝘵𝘢𝘭 𝘔𝘢𝘳𝘬𝘦𝘵𝘴 𝘳𝘦𝘷𝘦𝘯𝘶𝘦𝘴... -56% at Citi -48% at Jefferies -48% at Goldman Sachs -43% at J.P. Morgan -39% at Morgan Stanley
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We just launched VCinsights.co on Product Hunt. If you're digging the resource, then appreciate any support 👉 producthunt.com/posts/vcinsi… FYI... the weekly summary email returns Monday now that VCs are back writing memos (and cheques) post the holidays!
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Leaving the office this afternoon for the last time in 2022... ✌
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Letter of Intent retweeted
VCinsights.co has 1.5k+ investment memos for VC startup investments totalling over $𝟲𝟬𝗯𝗻! Read the thesis behind investments made by @a16z, @Accel, @felicis, @sequoia, @generalcatalyst, @craft_ventures, @airtreevc, @blackbirdvc, @greycroftvc and many more
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Letter of Intent retweeted
We just added @craft_ventures to VCinsights.co. Read all the investment memos authored by @MichaelDTam, @jefffluhr, @DavidSacks, @ArraMalek, @mikemarg_, @murr, @lainypainter, and @BRosenblatt4. Our directory now has over 1.5k investment memos in one spot!
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Letter of Intent retweeted
Here are the insights from every VC investment memo published in the last week...
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Letter of Intent retweeted
🚗 Partly, an auto parts data startup, raised a US$21M Series A. Here's the highlights from the @SquarePegCap and @TEN13vc investment memos... 𝗦𝗾𝘂𝗮𝗿𝗲 𝗣𝗲𝗴 @jamestynan & @lucy_tanAU Memo: vcinsights.co/memos?recordId… 𝗧𝗘𝗡𝟭𝟯 @StewGlynn Memo: vcinsights.co/memos?recordId…
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Letter of Intent retweeted
The top 10 VC's by # of investment memos they published in 2022... • 51 @a16z • 38 @IndexVentures • 35 @lightspeedvp • 27 @seedcamp • 24 @GreylockVC • 23 @sequoia • 22 @Accel • 22 @insightpartners • 21 @generalcatalyst • 21 @usv
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We launched VCinsights.co... a site with 𝟭,𝟱𝟬𝟬+ 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗺𝗲𝗺𝗼𝘀 so you can read the investment thesis of top VCs including... @AfterWorkVC @airtreevc @blackbirdvc @EVP_VC @Folklorevc @investible @movac_vc @OIFVC @SquarePegCap @TEN13vc
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Letter of Intent retweeted
We're excited to share that VCInsights.co, a new site that aggregates global VC investment memos, has just launched by our very good mates at @letterofintent_ . Go check it out, now!
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When the MD starts promising to send the client a finished draft of the board deck after the call xitter.gq/sashacalless/status/15…
When the associate has to handhold the analyst through every aspect of the deal
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If your director was a Spotify playlist… 🙃
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You read newsletters for breakfast?!
New mug who dis ⁦@letterofintent_⁩ bringing the merch goodness to my workspace ✊🏽✊🏽🙏🏽🔥
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Twitter filing to sue Elon Musk is savage. Here's a few gems... 💎 "Musk apparently believes that he —unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away."
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💎 "For Musk, it would seem, Twitter, the interests of its stockholders, the transaction Musk agreed to, and the court process to enforce it all constitute an elaborate joke."
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