Ankur Nagpal ✓

@ankurnagpal It's funny how people think you are talking about OAI or Anthropic when their multiples are much more justified than those of the much smallet inflated king-made category leaders. 2.7K views · 9 likes · 0 reposts · 1 replies Open on X →

@ankurnagpal Most people do not think that far + joining the company solely on the premise that it will be sold for billions of dollars is a stupid strategy (and most understand that). Pick the work you love, get solid compensation, and hopefully you will have a massive payday i 3.7K views · 7 likes · 0 reposts · 0 replies Open on X →

@ankurnagpal Anthropic is a bust. Enjoy going to 0 during the lockup boys 2.5K views · 9 likes · 0 reposts · 1 replies Open on X →

A lot of employees at hot AI companies are going to get completely burned on the value of their equity Between insanely high liquidation preferences and inflated valuations, a lot of 7 and 8 figure equity grants are going to end up being worth nothing Stay safe 93.7K views · 429 likes · 12 reposts · 35 replies Open on X →

Ankur Nagpal ✓@ankurnagpal2 Sep

The New Way to Invest in Startups (No Accreditation Required) https://t.co/aMqESIImvq 4.3K views · 14 likes · 0 reposts · 0 replies Open on X →

Ankur Nagpal ✓@ankurnagpal2 Sep

Just heard of someone charging 2 and 20 on an SPV And yes, the 2% management fee was for 10 years so more like 20 and 20 Have to be close to a market top 29.2K views · 127 likes · 2 reposts · 25 replies Open on X →

Ankur Nagpal ✓@ankurnagpal1 Sep

Last call: Today is the last day for early bird tickets to the Outliers Summit hosted by @andruyeung and yours truly in NYC on November 5-6 Grab $99 tickets here (before midnight): https://t.co/53ZMI2r2vG Almost 500 tickets already sold for founders and future founders! https: 4.3K views · 17 likes · 1 reposts · 4 replies Open on X →

@ankurnagpal @loyalfordogs @celinehalioua Amazing company 228 views · 2 likes · 0 reposts · 0 replies Open on X →

You can't buy Loyal at a brokerage We bought out investors in VC funds that own Loyal, net of carry & fees With USVC, anyone can own a piece of America's top private companies from $500: https://t.co/2arY4hg43G One check with access to Loyal, Mercor, Mercury, Supabase & more 1.2K views · 3 likes · 0 reposts · 1 replies Open on X →

Disclosures: Figures above are from public sources, FDA approval is not guaranteed Venture capital is speculative, you may lose your entire investment USVC shares are illiquid, no guaranteed repurchase Prospectus: https://t.co/zdeJfDL5Be. 1.1K views · 4 likes · 0 reposts · 1 replies Open on X →

3 - It's showing promise No FDA approval path existed for a drug that treats aging Loyal built their own and their senior-dog pill LOY-002 has cleared 2 of 3 FDA steps They have raised $250M with Baillie Gifford (early in Amazon, Tesla, SpaceX) in the most recent round 486 views · 2 likes · 0 reposts · 1 replies Open on X →

1 - Why is this unique Aging is at the root of most diseases If you slow aging, you delay cancer, dementia and extend lifespan But proving that in humans in expensive, takes decades and can cost billions of dollars 1.2K views · 4 likes · 0 reposts · 1 replies Open on X →

2 - Dogs crack this Dogs age like we do: the same diseases, but on a faster clock This makes them a great model for human aging, with a multi-billion dollar market behind them And the math is a lot more forgiving - $50M to get a drug approved and trials in years (vs decades) 1K views · 3 likes · 0 reposts · 1 replies Open on X →

New USVC Investment: We just bought a position in @loyalfordogs Loyal is trying to build the first ever FDA-approved drug to extend lifespan... starting with dogs Here's why we invested in @celinehalioua and team: https://t.co/UJSSX9KAIm

24K views · 94 likes · 3 reposts · 6 replies Open on X →

@ankurnagpal @naval I just invested :) 14.6K views · 42 likes · 0 reposts · 1 replies Open on X →

USVC is structurally different from private market ETFs It's an evergreen closed-end fund that gives you a stake in the underlying companies The value of your investment is pegged to the fair value of the underlying startups avoiding the volatility of traded funds 27.2K views · 61 likes · 0 reposts · 3 replies Open on X →

The portfolio today is live and growing SpaceX is our largest position comprising about 20% of the fund Other positions are Anthropic, OpenAI, Vercel, Sierra, Crusoe, Legora And a bunch of new promising deals in the pipeline Invest now: https://t.co/oXUgRxjWf2 36.9K views · 137 likes · 3 reposts · 9 replies Open on X →

Before you invest: USVC is a registered closed-end fund. You can lose money. Shares aren't exchange-listed. Liquidity comes only through quarterly repurchase offers, capped at 5% of the fund Read the prospectus before investing. Full disclosures: https://t.co/2arY4hg43G 28.2K views · 141 likes · 3 reposts · 21 replies Open on X →

Venture capital has an access problem Most returns from investing in technology companies are in private markets But the average investor is mostly locked out from that wealth creation We built @usvc_ to fix this, anyone can now invest here: https://t.co/2arY4hg43G 129.6K views · 236 likes · 7 reposts · 10 replies Open on X →

We’re building USVC to be the endowment for the American people It’s backed by @AngelList, which sits at the heart of early stage venture This is our unfair advantage: We leverage access to the most promising companies and funds from $25B in assets on the AngelList platform 30.5K views · 101 likes · 3 reposts · 4 replies Open on X →