Slow Snail Mail by Slow Ventures — The Information Subscriptions

Slow Snail Mail

Growth Buyouts: Buy and Build vs. Build then Buy

By Slow Ventures · Aug. 13, 2024 2:12 PM PDT

We recently shared our first piece on Growth Buyouts (GBOs), laying out why the time is ripe for GBOs to step into the spotlight. We're back with a second piece to address a common misconception: the belief that founders should first acquire an operating company before building proprietary technology and systems. We argue the... We recently shared our first piece on Growth Buyouts (GBOs), laying out why the time is ripe...

Slow Snail Mail

The Dawn of The GBO

By Slow Ventures · July 9, 2024 12:03 PM PDT

The time has come for GBOs to take the front stage, and we couldn't resist sharing our thinking through a few slides. Check our deck to follow along, and keep scrolling to get a preview of how we got here. Software, not B2B SaaS, will eat the worldThere won’t be infinite scaled software companiesThe unsold/unexploited opportunities... The time has come for GBOs to take the front stage, and we couldn't resist sharing our thinking...

Slow Snail Mail

Future of Healthcare

By Slow Ventures · Jan. 19, 2024 9:00 AM PST

The Future of Healthcare is Private PracticeThe team is back with another Slow Snail Mail edition, this time to unpack why we believe the future of healthcare is private practice, and why/how startups can make it so.Private practice is dying because of consolidation by PE/health systems on one hand and increasing barriers to new practice... The Future of Healthcare is Private PracticeThe team is back with another Slow Snail Mail...

By Slow Ventures · Nov. 10, 2023 9:59 AM PST

Slow Snail Mail

Why Venture Should Care About Franchises

By Slow Ventures · Nov. 10, 2023 9:59 AM PST

Several months ago, the team got really hooked on franchises, and after several months running down the franchise rabbit hole, we're excited to finally share some slides outlining our main learnings and convictions. Tl;dr: Franchises are businesses that produce novel, proprietary, repeatable IP that can generate significant value for... Several months ago, the team got really hooked on franchises, and after several months running...

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Montana Land sDAO: The Liquidity Frontier

By Slow Ventures · July 28, 2023 10:41 AM PDT

A year and a half ago, Sam published “How to Put Physical Assets on the Blockchain.” The article announces Slow Ventures’ first real-world asset (RWA) project, The Montana Land sDAO (sDAO 1). Using a legally compliant structure, we coordinated capital on-chain to purchase a piece of land in Flathead County, Montana, and fractionalized ownership... A year and a half ago, Sam published “How to Put Physical Assets on the Blockchain.” The article...

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We’re adding to the team!

By Slow Ventures · Feb. 28, 2023 8:03 AM PST

We’re adding to the team! Slow is going to add an analyst to the team, working with our partner Will Quist in San Francisco. This has become a critical role for us over the years. The work spans supporting a general partner in everything they need to do. As an analyst, you’ll help: process new investments (participating in meetings with... We’re adding to the team! Slow is going to add an analyst to the team, working with our...

Slow Snail Mail

The Best Time to Build

By Slow Ventures · Jan. 23, 2023 11:58 AM PST

Tl;drThe mantra is “bad times create strong founders and strong founders create good times” but nobody really knows.It’s obviously a perilous time to invest and being a founder is a super concentrated investment.In a bear, the opportunity cost for pursuing a good idea is very low and the consequences of failing with a bad one are very high.... Tl;drThe mantra is “bad times create strong founders and strong founders create good times” but...

By Yoni Rechtman · Jan. 17, 2023 11:59 AM PST

Slow Snail Mail

What's the Point of Capital?

By Yoni Rechtman · Jan. 17, 2023 11:59 AM PST

Tl;drAs soon as you raise money, you commit to running the race no matter what.But most of the work to get going doesn’t require capital or generate value.So if raising capital neither unblocks nor accelerates your work, you’re just creating commitments and limiting options. Starting a company is a huge commitment to a single opportunity,... Tl;drAs soon as you raise money, you commit to running the race no matter what.But most of the...

I Don't Get It: Climate Investing

Slow Snail Mail

I Don't Get It: Climate Investing

By Yoni Rechtman · Jan. 10, 2023 1:56 PM PST

Confession time: I don’t understand climate investing. Not because I don’t believe in global warming as the most important issue in the world and not because I don’t think saving the planet will take massive capital investment.I don’t get climate investing because it feels like the things that matter (power generation, transmission, and storage)... Confession time: I don’t understand climate investing. Not because I don’t believe in global...

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The Value of Your Value Proposition

By Slow Ventures · Nov. 30, 2022 10:00 AM PST

Value proposition isn’t just sales jargon or a PM buzzword. It might sound obvious, but when it comes to building a business, the value proposition is EVERYTHING. It defines how you approach pricing, how you think about the potential market share, what kind of sales efficiency you can expect – even the kind of talent you need in your company.... Value proposition isn’t just sales jargon or a PM buzzword. It might sound obvious, but when it...