Eberg Capital

I love that @ThriveCapital / @JoshuaKushner included the below as an eligibility requirement. Exceptional ability isn’t enough. High character and integrity should always be a must. This speaks volumes about the type of firm Josh has built and comes as no surprise given what I know about him. Get paid to chase your dreams with world-class resources, surrounded by good folks. Not to mention, a credential that is probably more valuable than any college degree. Not a bad value prop.

Hard to imagine Bron liking this very much… Also, intentional decision to not include his “prediction market partner” (ha) @Polymarket?

Have you heard of @Underdog? Well, the team that built it is back at it again. Their new company, @TheSidelineApp, has one focus: YOU, THE FAN. Scores apps (cough, cough ESPN) haven't evolved in years. Your group chat still beats their alerts. Sideline is putting fans in charge of what comes next. Tell them what’s awesome, what sucks, and what’s missing. They’ll actually listen and build with you in mind. Innovation that actually excites (thanks, Nissan). Sideline just launched Survivor Pools, and @gamechangersvc is staking its first pool with $500. Reach out in the DMs if you want to join. You are guaranteed to do better than @ssokol94. SEE HERE: sideli.ne/pools/join/3B00AE @trevorrjohn @BrettEast @dyang12 👨‍🍳👨‍🍳👨‍🍳

Interesting insight from @Win22James here. While there are plenty of non-technical MBAs who become fantastic VCs, the (1) archetype probably outperforms the "avg investor" by the widest margin. Usually, I'm just a pain in the ass to my dad and business partner of 6 years, @infoarbitrage, but this post reminded me to give him some 💐. Dad/Rog has always described himself as feeling "dumb," at least in relation to the brilliant people he has surrounded himself with. While that's laughable to anyone who has spent even 5 minutes with him, I finally understand what he meant by it. ROG IS (2). He isn't the most technical, nor does he have the highest IQ in the venture game (though I'm sure he's in the top 0.1% of humans - something I can't remotely relate to LOL). He is humble to a fault, understands humans better than anyone I know, and can distill incredibly complex concepts into middle-school-level language. This is a true superpower that is hard to quantify. Shoutout @bradgillespie & @beyroutey for being so dang smart that Rog felt remotely dumb, and congratulations to the three of you on @iaventures getting some much-deserved spotlight from @JoinOdin as the #3 VC OAT in terms of value created per dollar at risk. I guess that shows what is possible when some (1)s and (2)s team up 🤔

Where the story began → Where it led What excites me most about collectibles is how something as small as a card can tell your life story. I recently made my first major collectible purchase: a JJ McCarthy Prizm Gold rookie patch auto /10 (still learning the lingo). Ever since I was the little guy in the “Class of 20??” t-shirt, there was nothing more that I wanted in the world than to see a Michigan Football National Championship. @jjmccarthyy18, along with a bunch of other legends, made that dream a reality. The pack-ripping friendzy & exploding Pokémon card valuations are all well and good - just not for me. It was about buying something that I will be proud to own no matter what. With that said, when JJ shocks the world and is the next TB12, it won't surprise me or any real @UMich die-hard. One thing I can guarantee you: this little piece of history will still be sitting on my desk. Something to give the future little ones and their 20?? t-shirts 😊 Big thanks @johnohannesian for advising a nube on which card to go after. Up next, the man who helped me acheive my 2nd dream: @Yaxel_Lendeborg. Forever & Always, Go Blue 〽️〽️〽️

My pal and fellow @polyprep alum @robpetrozzo has been building in collectibles long before it became the hot girl in the room. He’s one of the industry’s most thoughtful and knowledgeable voices, and I always come away from his writing or a catch-up having learned a SHIT TON. Two points from his latest Material Non Public release: 1) In September 2022, ahead of the last midterms, vintage cards were up 13.6% year over year while modern cards were down 20.8%. As rates rose and liquidity tightened, established collector demand proved more resilient than speculative buying. Same hobby, very different foundations. 2) PrizePicks now holds three NBA debut patch cards that fetched $13.26M in aggregate at auction to headline its digital packs vertical. If platforms view part of that purchase price as customer acquisition cost (CAC), they may be willing to pay more than collectors would. But would those prices hold when the next buyer just wants the card? 👀👀👀