Founder & CEO @fondocom – accounting & tax on autopilot for 2,000+ startups. Angel: Flexport, LiquidDeath, Rippling, 100+. Host: @thestartpod

San Francisco, CA
Starting a startup completely changed the trajectory of my life Before: – 22 years old – $100k in debt – Skinny-fat – Hacker house After: – 25 years old – $350k in debt – Just fat – Homeless Here’s what I did after:
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David J Phillips retweeted
So fun with all the Speedrun founders last night! Huge shout out to my amazing co-hosts @evan_vandenberg, @onesidd24, @ElevenLabs, & @Fondocom for making it happen! 🔥
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STEAL the cold email template billionaire founders used to raise $100m+ 👇
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David J Phillips retweeted
Wow, 14 years ago yet I remember this event like it was yesterday. PG was interviewing Zuck and I started to panic knowing I was going on stage soon. I'd never met Travis (or seen him since) but he was very nice and tried to calm my nerves. I contemplated leaving through the fire exit and not coming back. Luckily I'd practically memorized my talk so when I went onstage, muscle memory took over and my talk turned out to be pretty good.
I went to my first Startup School with @robbie back in 2012. Around 200 founders packed into a room at Stanford. The speakers included Zuckerberg, Patrick Collison, Ben Horowitz, Travis Kalanick, Jessica Livingston, and Ron Conway. The audience was just as stacked. I met the founders of what became multi billion $ companies and future YC partners. Amazing to see Startup School grow to 7,000+ builders today. We want to help the
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Great to chat!
“I don't believe Claude Code will exist in its current form in six months” @benswerd, CEO & Co-Founder @freestyle_dev, thinks coding agents are moving from local machines to the cloud, where a single task could get the attention of 20+ agents at once. Each gets a complete copy of your stack, production environment included. Each can spend a week testing and refining its approach. You compare the results and take the best one forward. The economics aren’t there yet. Ben expects cost per task to fall another 99% over the next four years, making that level of parallel work practical. Freestyle builds the computers for it: full Linux VMs for tasks that run for hours, days, or weeks. Clone a running machine, memory included, and let agents pursue different approaches from the same starting point. Pause and resume with their state intact. Inside Freestyle, Ben already gives agents a week to find improvements to its VM technology. Roughly 700 tests and 90 metrics help the team judge whether the work made things better. He calls this goal engineering: define the outcome clearly, give agents time to work toward it, and measure whether they’re making progress. "Full Linux VMs for AI Agents" Built for complex tasks that run for hours, days, or weeks 🎙️ @benswerd, CEO & Co-Founder, @freestyle_dev on @Fondocom @thestartpod 00:57 Why coding agents could move from local to the cloud 02:22 From harness engineering to goal engineering 03:08 Giving agents a week to improve measurable results 04:13 Why defining the problem becomes the bottleneck 04:48 How early access to o1 changed Freestyle’s direction 05:51 Why frustrated sandbox users revealed a bigger opportunity 07:28 Giving agents a computer instead of building custom tools 08:12 Getting into YC  11:17 Snapshotting VMs and running agents in parallel 12:24 The economics of letting multiple agents attempt every task 13:26 How GPU supply could drive down agent costs 15:09 Try Freestyle and follow Ben
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“I don't believe Claude Code will exist in its current form in six months” @benswerd, CEO & Co-Founder @freestyle_dev, thinks coding agents are moving from local machines to the cloud, where a single task could get the attention of 20+ agents at once. Each gets a complete copy of your stack, production environment included. Each can spend a week testing and refining its approach. You compare the results and take the best one forward. The economics aren’t there yet. Ben expects cost per task to fall another 99% over the next four years, making that level of parallel work practical. Freestyle builds the computers for it: full Linux VMs for tasks that run for hours, days, or weeks. Clone a running machine, memory included, and let agents pursue different approaches from the same starting point. Pause and resume with their state intact. Inside Freestyle, Ben already gives agents a week to find improvements to its VM technology. Roughly 700 tests and 90 metrics help the team judge whether the work made things better. He calls this goal engineering: define the outcome clearly, give agents time to work toward it, and measure whether they’re making progress. "Full Linux VMs for AI Agents" Built for complex tasks that run for hours, days, or weeks 🎙️ @benswerd, CEO & Co-Founder, @freestyle_dev on @Fondocom @thestartpod 00:57 Why coding agents could move from local to the cloud 02:22 From harness engineering to goal engineering 03:08 Giving agents a week to improve measurable results 04:13 Why defining the problem becomes the bottleneck 04:48 How early access to o1 changed Freestyle’s direction 05:51 Why frustrated sandbox users revealed a bigger opportunity 07:28 Giving agents a computer instead of building custom tools 08:12 Getting into YC  11:17 Snapshotting VMs and running agents in parallel 12:24 The economics of letting multiple agents attempt every task 13:26 How GPU supply could drive down agent costs 15:09 Try Freestyle and follow Ben
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Big alpha in these streets @james406
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David J Phillips retweeted
BREAKING 🚨 @Numeral raises $100M Series C led by Insight Partners. "Numeral solves U.S. sales tax, VAT, and GST compliance for 3,500+ global businesses, trusted by companies like Supabase, Eight Sleep, and Graza"
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I never thought I would see the day @thestartpod covered my work Getting recognized by top tier media for our $7M seed round at @fondocom is surreal Genuinely honored
TRENDING 📈 @davj shares the email he says helped @fondocom raise an oversubscribed $7M round: Hook → Traction → Social Proof → a time-bounded CTA
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David J Phillips retweeted
This is the exact email that helped us raise an oversubscribed $7m round. At a high level, follow this format: - Hook - Traction - Social Proof - CTA Keep the hook specific, the traction concrete, the social proof easy to understand, and the CTA time-bounded.
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This is the exact email that helped us raise an oversubscribed $7m round. At a high level, follow this format: - Hook - Traction - Social Proof - CTA Keep the hook specific, the traction concrete, the social proof easy to understand, and the CTA time-bounded.
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David J Phillips retweeted
For years designers made pictures of a product and engineers turned them into code AI changed that. Designers can now build with code themselves But their work is scattered. One of @putrikarunian users told her he now spends only about 10% of his time in Figma. The rest is split across code, prototypes and code changes for engineers to review The AI coding tools also work one step at a time. Ask for something, get something back, ask again Design doesn't work that way. You try a few ideas side by side, keep the best and mix in parts of another Putri built @lunagraphHQ for this. It's a design canvas where everything you place on it is real code You explore the way designers always have. Then click through the result to see how it actually works and share it with your team as a link Engineers get working code instead of a picture. They take the component they need and add it to the product "Design with code, on your familiar design canvas" Design, explore, and hand off the whole experience. States, interactions, and flows, all as React code, ready for your engineers or your coding agents. 🎙️ @putrikarunian, CEO & Founder, @lunagraphHQ on Fondo @thestartpod w/ Guest Host, @gracegongGG, Founder, Smart Venture Media 01:42 Why the design canvas itself is made of code 03:12 Where designers work now that Figma isn't home 03:46 Why design exploration isn't linear and coding agents are 05:19 How @lunagraphHQ differs from Lovable and Claude Design 06:21 Why a chat box can't describe a shadow 08:21 Why designers don't always need to open production PRs 09:16 Handing engineers working code instead of static designs 10:26 Building for the one-designer startup 10:55 Using @lunagraphHQ daily on paying client work 11:25 Bring your own agent and pricing
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David J Phillips retweeted
The VC math every founder should understand.
A $50M ARR company can be a great business. And still be an easy “no” for a VC. Not because it will fail. Because the fund math demands something bigger. @collinwallace Partner @lobby_vc on @fondocom START Learn more: fondo.ai/4y8Vovu
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David J Phillips retweeted
5 events last week and not tired or anything. Promise. 🥱😂🫠 I totally 🫶🏽 everyone for always being down for a last minute hang. Especially @skygodkingdom & @li_francis50547 🔥
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12 early-stage investors with newly raised funds: 1. South Park Commons (@spc) — $575M Fund IV Raised: August 5, 2026 Pre-idea technical founders through later rounds 2. Reach Capital (@reachfund) — $265M Fund V Raised: August 18, 2026 Pre-seed to Series A AI for learning, health and work 3. Makers Fund (@makersfundvc) — $250M Fund IV Raised: August 20, 2026 Games and interactive entertainment 4. Align Ventures (@AlignVentures) — $125M Fund II Raised: July 28, 2026 Consumer, beauty, wellness, pet, home and culture-shaping tech 5. Ventures Platform (@vp_fund) — $84M Fund II Raised: August 26, 2026 Pre-seed to Series A startups across Africa 6. Cross-Border Impact Ventures — $58M first close Raised: August 6, 2026 Women’s and children’s health technology 7. Magnify Ventures — $46.6M Fund II Raised: July 1, 2026 AI for health, wealth, family and the care economy 8. FGV Capital (@FGVCapital) — $35M Fund II Raised: August 25, 2026 Fintech, financial access and AI 9. SaaSholic (@saasholic) — $30M Fund III Raised: August 27, 2026 B2B and AI-native software across Latin America 10. Capital F — $17M debut fund Raised: August 26, 2026 Women’s health, digital commerce and AI tools 11. Galileo Ventures (@galileovc) — Fund II First close: August 24, 2026 Pre-seed and seed AI, robotics, enterprise software and deep tech 12. Don’t Quit Ventures — $10M Fund I Second close: August 8, 2026 Early-stage AI, software and consumer technology
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David J Phillips retweeted
If you’re raising a pre-seed, here are 25 active early-stage investors with the most recorded exits: 1. Fabrice Grinda (@fabricegrinda) — 83 exits 2. Paul Buchheit (@paultoo) — 70 exits 3. Naval Ravikant (@naval) — 69 exits 4. Shervin Pishevar (@shervin) — 63 exits 5. Ron Conway (@RonConway) — 60 exits 6. Scott Banister (@nist) — 58 exits 7. Edward Lando (@edwardlando) — 55 exits 8. Alexis Ohanian (@alexisohanian) — 51 exits 9. David Tisch (@davidtisch) — 49 exits 10. Marc Benioff (@Benioff) — 48 exits 11. Scott Belsky (@scottbelsky) — 43 exits 12. Keith Rabois (@rabois) — 40 exits 13. Auren Hoffman (@auren) — 39 exits 14. Mark Cuban (@mcuban) — 37 exits 15. Reid Hoffman (@reidhoffman) — 36 exits 16. Benjamin Ling (@bling0) — 35 exits 17. Max Levchin (@mlevchin) — 34 exits 18. Joshua Schachter (@joshu) — 34 exits 19. Dave Morin (@davemorin) — 34 exits 20. Gary Vaynerchuk (@garyvee) — 33 exits 21. Louis Beryl (@louisberyl) — 31 exits 22. Esther Dyson (@edyson) — 30 exits 23. Wayne Chang (@Wayne) — 30 exits 24. Marc Andreessen (@pmarca) — 30 exits 25. Wei Guo (@codyguowei) — 29 exits Who did I miss?
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David J Phillips retweeted
I find myself explaining this to founders all the time. An investor cares about one of two things (sometimes it’s both): 1) making money 2) getting promoted Figure out which type of investor you want and then how to tell them the story they want.
Investors do not all write checks for the same reason. Know the incentive. @TurnerNovak Founder & Solo GP @BananaCap_ on @fondocom START Full ep here: fondo.ai/4heg8dI Learn more: fondo.ai/3TgHN62
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David J Phillips retweeted
I met @tcarambat founder of @AnythingLLM (S22) and he said if you’re in YC you know @Fondocom . Music to my ears 🫶🏽 Thanks for coming to our dinner with @gullieapp ! 🍣
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