this is my favorite blog post in describing the process of pattern matching that VCs use to evaluate fund-returning opportunities: in search of narrative violations. a narrative violation is a contrarian take against conventional wisdom. it is an intentional disregard of the wisdom of the crowds in favor of ideas that are just crazy enough that they might work. the best venture deals have been ones where it wasn't an oversubscribed round; it didn't fall into the secular trends of the market cycle; it was an unpopular opinion that inadvertently led to category creation; and contributed a significant portion of DPI to LPs. all of these narrative violations seem to have 3 things in common: outlier founding teams, a positive inflection in market timing, and an ability to anticipate widespread product adoption in the mid-to-long-term time horizons since company inception. pls pls pls have a read - you won't regret it :)
julian T.’s Post
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💰 🎵 Money money money 🎵 💰 Last week I had a really insightful conversation with Ross McNairn of Wordsmith AI around their recent investment round led by Tier 1 VC Index Ventures Ross believes there are 3 key skill sets vital to being an investable and succesful founder 1- technical ability 2- obsessive understanding of or empathy with your user 3- work ethic Link to article in the comments below 👇
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👏 Dr. Andre Retterath just launched the Data Driven VC Landscape 2024 Report, showcasing how more than 190+ global venture firms are taking a data driven approach to operate their funds and invest. 💫 Efficiency is the number one driver for using modern tools and leveraging AI to gain productivity and increase quality of work in VC. 💫 Currently, 66% of the investors participating in the study already use LLMs, primarily for screening and due diligence. 💫 There is a shift happening from inbound to outbound sourcing, with 42% of data-driven VCs sourcing 10-40% of their deal flow from outbound channels. 💫 Only a fraction of data-driven VCs use AI for LP sourcing, fundraising, and management, leaving room for potential! Support Andre on product hunt via the Link in the comments, and check out his Newsletter!
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One of the only people that can make Tech Investing sound interesting (just ask Dexter Eugenio). The Great Michael Frazis from Frazis Capital Partners Pty Ltd Full Episode below #tech #ai #investing #fundmanager https://lnkd.in/g7NVsyUD
Michael Frazis joins us to talk about his fund and all things investing in tech
https://www.youtube.com/
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Which are the most 'data-driven' VCs in Europe? Check out this article from Sifted, covering which funds have the most engineers. Notable standout was QuantumLight, who have more engineers than investors. Full article here: https://lnkd.in/eMaQJytm
Which are the most ‘data-driven’ VCs in Europe?
sifted.eu
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Is venture weird right now? Not really! But it IS a bit slow. For a more elaborate explanation, check out my article in Forbes today! https://lnkd.in/gMNJU95p
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VCs are not in the business of funding science projects. What's the biggest improvement I've witnessed over the last ~5 years investing in deep tech? Founders are prioritizing their commercialization strategy at early-stage - securing partners and customers faster than ever. Sure, building innovative technology is great. Know what's better? Finding product-market fit.
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This is the summary sheet of a StartUp Financial Model In one of Victor Ogundele 's post he said presentation is a good skill for every financial modeler, and I totally agree💯 #startupfinancialmodel #visualition #presentationskills
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We're excited about what we're building and the support we have in bringing our vision to life. Learn about both in this WealthManagement.com article by Davis Janowski. 📰 https://lnkd.in/e-wHrfjM
Zeplyn, AI Note-Taking Assistant for Advisors, Announces $3M in Seed Funding
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The Data-Driven VC Landscape report just named my teammate of 10 years Yuriy Groysman a top 20 thought leader, and SignalFire a top 20 VC firm. People said we were crazy for trying to build an AI-powered venture firm a decade ago, but Yuriy's pioneering work has unlocked new approaches to sourcing investments and supporting portfolio companies. https://lnkd.in/gKJZMjEV Some fascinating ways we're applying data to VC: -Integrating LLMs to summarize the products of potential investments and automatically route them to the right partner on our team -Generating email lists of qualified sales leads for our portfolio companies based on their ideal customer profile -Producing data-powered content like our recent State Of Talent Report on the movement of tech employees which was covered by The Wall Street Journal, Axios, Forbes, and more https://lnkd.in/gmJuFpGt Congrats to Yuriy and our whole product team led by Heath Black. SignalFire's CEO Chris Farmer and I (also named to the list, but rightfully much lower than Yuriy) are excited to keep building our own tech to make support for founders scalable.
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CEO/ Fashion Entrepreneur / B2B Streetwear
8moGreat read 👍