I remember that memo! It came from so far out of left field! We thought we all understood what Blackbird considered a backable startup, Zoox was already priced so high, and Blackbird didn’t yet have that much capital to manage. But I poked fun at the name “Zoox”, and then said,
Many times my reaction to the TL;DR has been “WTF?” But by the end of the email you’ve sold me. In fact, don’t stop being passionate and detailed in your investment updates Niki, it’s the best thing about Blackbird. It’s always apparent how much thought you’ve put into each decision and how certain you are of the opportunity.
I’m pleased to say that remains true. Even though I’m one of your smallest investors, you and all the Blackbird team have paid me back for my early faith in so many ways, so many times, thank you.