@BillyDraper
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Happy Friday! I'm thrilled to announce the launch of my seed fund, Path Ventures (path.vc). I'll be investing between $150k-$300k in early-stage companies that are delighting and empowering their customers. If you're building one of those, reach out!
To put this in tech/venture terms: think of a company you thought had a REALLY expensive seed round. Now triple it. Now 50x that. Now you're comparing the seed round to some category leading public companies, right?
OK cool, now 10x that and send the wire.
BREAKING: The Cooper Flagg NBA Debut Patch autograph card has officially sold in our auction for $8,040,000.
This sets the record for the most expensive Cooper Flagg card of all time, surpassing the previous record of $366,000.
The historic sale makes it the third-most expensive NBA card ever and sixth-most expensive trading card in history.
I just received a cold resume from a college student and it felt stuck in the past.
if you’re looking for an internship or job in tech or venture, your resume should increasingly look like proof that you try stuff. Go build something, go down a rabbit hole, show a side quest!
the rarest tweet in investing is talking someone else's book. But it's so delightful when I see it.
I'll do that more.
My wonderful grandpa Bill Draper (fka Pops) passed this week. As good of a VC and public servant he was, he was a better human. We’re going to miss him like crazy.
We always say that Path Ventures founders change the game, but now we have proof.
"were there any signs of a market top?"
"nope, none"
NEWS: Eeyore's 1-of-1 Superfractor just sold for $80,000, making it the second-most expensive Disney trading card of all time 🍯
I'm old enough to remember when diamonds were expensive to buy. Now it's like eggs, organic berries, and then diamonds 3rd or 4th.
Billy Draper retweeted
Nice guys finish first. Be good to your family, friends, colleagues, clients, everyone you pass on the street.
There's a huge opportunity to rethink and 'banana ball' conferences entirely:
-They're 85% programming. This should be flipped to 85% networking
-They're low energy, quiet, and sterile
-Conference goal should be for every attendant to meet half of the room
Anyone fixing this?
TIL statues don't all need to be nude or Greek soldiers or both.
Keep cooking @Monumental_Labs !!
New Path Ventures branding. I wanted something timeless that can stand out and inspire on its own, and I love the archer archetype and the 'aim high/semper sursum' philosophy. Site etc. updated soon but couldn't wait to share!
Thanks to Damjan at Coric Design for knocking this one out of the park.
🤖 Made with AI
Billy Draper retweeted
Today we're launching @SpellbookLegal's biggest thing yet: Autonomous Contract Management
It’s the first end-to-end AI infrastructure for contracts
The world is speeding up. We are in one of the biggest investment cycles in decades.
Behind every rocket launch, FIFA game, and datacenter, lies a web of hundreds of agreements.
Agreements are the invisible threads that allow us to work together.
We have infrastructure for finance (Stripe, Ramp), eCommerce (Shopify) and many business functions.
But agreement infrastructure is lacking. This creates a painful bottleneck on our ability to work together.
Online purchases take milliseconds. But agreements still take weeks.
CLMs were supposed to be the answer, but were designed in a pre-AI era.
AI fundamentally changed how computers can accelerate agreements.
Spellbook is the most used AI contract review tool in the world, with ~5,000 customers in 80 countries
Now we are expanding to deliver the first end-to-end, AI native stack for contracts.
From the moment a deal lands in your inbox, to the day it renews years later, Spellbook’s AI supports teams every step of the way, across all business teams.
It runs 24/7. While you sleep, it's reading the deals that came in overnight, flagging the parts that actually need a lawyer, and clearing the busywork that used to kill mornings.
Nothing gets handed off between systems or slips after signature, and the intelligence stays with you for the life of the contract.
AI for lawyers is great. There are 20 million lawyers in the world, and many are our users.
But there are billions who touch contracts. We're excited to help everyone move faster and do more of what they love, by building the best AI-powered contract infrastructure in the world.
Get early access: spellbook.com/acm
Ironically, best use of AI tokens in film/tv right now would be to shoot a dozen+ low budget projects/year with tiny crew and big vision, and up-level them 10x with AI. Keep crew across projects, recast actors where possible, incentivize with equity.
Who is doing this?
