1/ I've met so many founders in the last 6 mo who confidentially told me their recent war stories with many top-tier VC firms & their treatment. Two sides to every story but holy moley does it make me sad. I hope the GPs understand that we all talk too. Examples...

2/ Firms (an previous investor) playing hard ball & issuing 3x liquidation preference at tough moments.
3/ Pitting founders against each other during a conflict.
4/ GPs undermining the CEO with their executive team.
5/ Flying secretly to a potential acquirer to blow up an M&A deal.
6/ Accepting onerous terms at acquisition that primarily financially reward themselves & the brand-new executives. Founders & employees get next to nothing.
7/ Limiting founder rights significantly after the founder gracefully steps down.
8/ Last minute dark & silent exist from the board.
9/ It all makes me appreciative of my board. 🙏
10/ We all did this long, arduous, & painful journey together. Sometimes it works out, sometimes it doesn't. Be nice!

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MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria

How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

• When to sell
• How to do Adjustments
• Exit


Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in


1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr

• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only


2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.

• Identified a reversal and sold puts

• Puts decayed a lot

• When achieved 2% profit through puts then sold

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