Former Lawyers

I have worked with many former lawyers in my career and my experience with them has always been fantastic.

The first former lawyer I worked with was Milt Pappas who, along with his partner Bliss McCrum, were my first bosses in venture capital and they taught me so much.

Milt told me that he believed that a legal education was a fantastic preparation for the business world. Milt had attended law school but never practiced law. He went right into a trust and estates department at a leading bank in Cleveland Ohio, where in the 1960s he became acquainted with private investments and that led him to doing deals with some of the earliest VCs. In 1970, he and Bliss started Euclid Partners and that's where I got my first job in venture capital. Milt taught me so much about being a minority investor, being a great board member, balancing responsibilities to our portfolio companies and our investors, and so much more.

Three of my partners at USV are former lawyers, John Buttrick, Andy Weissman, and Samson Mesele. They are great investors and great partners.

I have helped quite a few former lawyers move from legal careers to working in startups. I have found that they are often great business partners to early-stage founders. They can take on many roles, including finance, HR, business development, business operations, and, of course, legal. I am not entirely sure what it is about a legal education, but I feel that it prepares people to be effective across a range of activities.

I have run into business leaders who see a legal background on a resume and pause. They think it is a limiting background. I feel the opposite about it. I see it as a sign of range and capability. Particularly with people who left the practice of law early or mid career.

So if you need someone on your team who can take all of the administrative functions off your plate and run with them, consider a former lawyer. It is a bit of an unconventional move, but I think it is a strong one.

My Supplement Stack

For many years, I took a multivitamin every morning and that was it. Then maybe five years ago, during my annual physical, my doctor told me I was "very vitamin B deficient." That led to a month or so of regular injections in my thigh and I've taken Vitamin B12 every day since.

Over time, I added Vitamin D3 to my daily routine. A friend on the golf course told me to try Glucosamine for my aching knees and so I added that. My dermatologist told me to add Niacinamide to my daily routine and so I did. My friend Gordon told me to start taking Omega 3s and that was added.

And now I've got a "supplement stack." I take six supplements every day and Zinc every other day. Here it is.

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That link and image is powered by our portfolio company Supp's new mobile app. You use the app to read the bar codes on your supplements and it creates a stack for you. It is shareable, obviously. And you get ratings and recommendations. Here's mine:

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I don't take Supp's recommendations as gospel. I share them with my doctor and a few friends who are way more into this than I am. So I may or may not be adding Lycopene and Turmeric to my stack. But I do appreciate the recommendations. And may incorporate them.

At USV, we are totally bought into patient centric health and wellness. We believe that each and every one of us should own our wellness and wellness data and the health care industry should revolve around us not the other way around. Which, unfortunately, is where we are today. Supp is a piece of that. Starting with supplements.

If you want to download the Supp app and give it a try, iOS is here and Android is here.

Network Density

I have written a bit about our portfolio company Blackbird but in case you didn't read any of those posts, Blackbird is a loyalty and payment network for the hospitality sector. You earn Fly and you pay with Fly. The more you pay with Fly, the more Fly you earn. Pretty simple and pretty awesome. Blackbird is currently available in NYC, SF, and Charleston South Carolina. If you live in or visit these cities, you can download Blackbird here.

I was using the Blackbird app this week and took a look at the "Where to Blackbird" map in the app and saw this:

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When you are building a network, density matters a lot. Whether it is a social network, a real world network (like Blackbird), or some other kind, the value of the network goes up massively as density increases.

Metcalf's Law says that the value of a telecommunications network is proportional to the square of the number of users on it. Whether that is exactly right or just directionally right, it is clear that network value is non-linear and that more is better. In a real world network, it is not just more, but more in the right places. Which is why density matters so much.

The Blackbird team launched the network in lower Manhattan and have been building it out in ever larger circles since launch. The result is a very dense network where they launched and increasing density in adjacent neighborhoods.

The wrong thing would have been to launch Blackbird globally all at once. Having one venue in NYC, one in Paris, one in Dubai, and one in Singapore would have been useless. But four on the same block in the Manhattan's West Village created initial utility for everyone on and around that block.

If you are building a network, you need to be intentional and strategic about where you launch it and how you grow it. More is better. But density is key. So get some density and go from there.

AVC

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