JMIC Advisory Update 109 29th Oct Distributed by UKMTO on behalf of the Joint Maritime Information Centre Click here to view the full product⤵️ #MaritimeSecurity# #MarSec#

JMIC ADVISORY NOTE 016-26 (BLOCKADE ENFORCEMENT) This product is distributed by UKMTO on behalf of the Joint Maritime Information Centre. Click here to view the full product⤵️ #MaritimeSecurity# #MarSec#

.@jmj was the revenue guy at Tinder. Why he doesn’t invest in dating apps now that he's a VC: "Oh, I got so many. And the mistake almost every founder made was pitching a slight tweak on the swiping model. You have a stack of profiles and you swipe right or left on them. And it was always, no, we're gonna add this restriction or this feature, or we'll build it for some different audience. People just need to be shown something that's a totally new form factor or a very new experience, or they're just not gonna care. People don't tend to have a lot of attention for anything anymore. So if you're gonna build a dating app or a new consumer product, it needs to shock people. Nobody cares and nobody wants to download a new app. There's app fatigue. There are some exceptions. Polymarket and Kalshi have become huge because they help people presumably make money or bet. Anything finance or trading is the exception. But if you're building a consumer social product, people really need to see something new, and most products I've seen dating wise have been not new enough. So categorically, I don't take dating pitches at all. I also don't really wanna give a ton of feedback, because I've seen too much. The person who builds the next great dating app will probably be someone who is so naive to how hard it is that they just do it and it catches fire. My feedback would generally be to not start a new dating app on the whole."

.@jmj on when a Seed fund should break its portfolio construction rules: "We did Erebor, the $2 billion round. We put a large percentage of one of our funds into that. We got to know Owen, the CEO, but obviously Palmer is a big part of the company. If we had said at IC, 'No, we can't do that deal, we're a seed fund,' then we would've just eliminated a big part of the market. And Erebor is, in five months, one of the fastest growing banks of all time. I said, why would you not put 5 or 10% of your fund into that company? It just makes sense relative to only doing really early stage investing."

.@jmj on why most pivots don’t go far enough: "There's a lot of companies who do a similar thing. They'll do a soft pivot, or an adjacent pivot that's one deviation away from what they're currently doing. When actually, probably the right thing if you're going to pivot, is to actually re-found the company. And that might mean doing something radically different from what you're doing today. The mistake people make when they're pivoting, whether it's their company, their venture firm, their careers, is not being bold enough about what that new direction might be. It's primarily because it's almost like an admission that what you were doing before is wrong. Which might not be the case. It might just be that what you were doing before is no longer the right strategy going forward. You're not underwriting your historical decision-making. You're taking a forward-looking view on what is happening in the world and how you should position your firm or your company. That's what I think people get wrong."

JMIC ADVISORY NOTE UPDATE 086-26 Released by UKMTO on behalf of the Joint Maritime Information Centre Click here to view the full product⤵️ #MaritimeSecurity# #MarSec#

JMIC Advisory Note Update 085-26 Released by UKMTO on behalf of the Joint Maritime Information Centre Click here to view the full advisory note.⤵️ #MaritimeSecurity# #MarSec#

JMIC Advisory Note 083-26 Released by UKMTO on behalf of the Joint Maritime Information Centre Click here to view the full advisory note⤵️ #MaritimeSecurity# #MarSec#

JMIC Advisory Note 082-26 Released by UKMTO on behalf of the Joint Maritime Information Centre Click here to view the full advisory note ⤵️ #MaritimeSecurity# #MarSec#