AngelList’s Post

New role in venture: The Cleaner Hear big VC funds who were undisciplined, have a guy now who’s brought in to scare the founders that they can’t raise without perfect metrics and take the money back Founders, I saw VCs who blog about perfect metrics give termsheets to companies with bad efficiency. And bad other metrics. It’s not all doom and gloom. Ofc you should aim to build a sustainable business but don’t despair if your metrics don’t match the latest blog from spreadsheet VCs, perhaps you have other things going for you. And you can fix the efficiency. And yes if you can’t find PMF, best for your most precious asset, time, to close shop, if you truly believe it’s best for you/the company/the employees. But taking advice from a VC who gave you a check and hasn’t seen you in years is not sane. Do your homework, don’t let yourselves be intimidated by the VC Cleaner, do what’s best for you and the company.

PitchBook had a great report on specialists vs. generalist VCs. Level Ventures arrived at similar conclusions in our study, which is here: https://lnkd.in/eTJhHvXv

🚀 Introducing the Howard Marks A.I. Fund For accredited investors interested in learning about opportunities in venture-backed A.I. and tech companies, the Howard Marks A.I. Fund provides exposure to a diversified portfolio of well-established private companies in these sectors. https://lnkd.in/eiS7XGP5 🤖 About the Howard Marks A.I. Fund: Private A.I. Tech Portfolio: Includes eight venture-backed companies with combined VC funding exceeding $4.32B.* Industry Growth: A.I. investments are projected to reach $200B globally by 2025.** Experienced Leadership: Fund managed by Howard Marks, CEO & Co-Founder of StartEngine. 🧠 Fund Strategy Breakdown: A.I. Chips & Computing Hardware: 37% (PsiQuantum/Recogni) A.I. Platforms: 37% (Harness/SingleStore/ThoughtSpot) Generative A.I.: 6% (H2O. ai) Marketing Technology: 20% (Attentive/Outreach) 🏢 Notable Companies in the Fund: SingleStore: Real-time distributed SQL database. ThoughtSpot: AI-powered analytics platform. H2O. ai: Machine learning platform. Harness: Continuous delivery-as-a-service. Attentive: Personalized text messaging platform. Outreach: Sales engagement platform. Recogni: High-performance perception systems. PsiQuantum: Quantum computing. 📕 Important Disclosures: This offering is for membership interests in Series 1-1 (“Howard Marks A.I. Fund”), a series of StartEngine Private Funds LLC, which will own shares of the underlying companies listed. You are not buying shares of these companies directly. This offering involves risks, including the potential loss of your entire investment. This offering is speculative, illiquid, and is made available through StartEngine Primary, LLC, under Regulation D, exclusively for accredited investors. Please review the Form CRS (https://lnkd.in/eXAbJDgW) and the Offering Document on the Offering Page for important information about the services provided, the fees and costs involved, and associated risks of this offering. Learn more about the Howard Marks AI Fund here: https://lnkd.in/eiS7XGP5 * The information provided is sourced as of June 19, 2024, from PitchBook, a website that maintains a record of the companies’ funding rounds. The minimum investment amount for this offering is $20,155.72. Consult your advisors before making any investment decisions. ** Source: Goldman Sachs, 2024. A.I. investment forecast. *** Refer to our disclaimers and footnotes for additional information.

Lots of VCs describe themselves as contrarians, but in practice chase "hot" companies. Yet everyone knows you maximize your returns by being non-consensus (and right). So why does this paradox exist? Below, I peel back the onion on VC incentives and outline a bunch of ways that we at 1984 Ventures look to make non consensus investments (with examples from the portfolio) Ramy Aaron Farzad Mark https://lnkd.in/ghJtHgkb

A great summary of how a first close works for a new or emerging manager in Venture Capital. IMO a great insight is to always count for a number of LPs not joining the close. This could lead to a failed close, and you don't want to be in those shoes! #venturecapital #firstclose #startups

Your startup pitch deck is your initial introduction to potential investors. Discover the art of making a lasting impression with insights from Maximilian Fleitmann, who's been through the experience as a founder and investor. 💼 https://bit.ly/3QPDPgs

Our approach to investing in #web3 projects is different. VC support isn't about money alone. For us, it's also about connections, strategy, resources, and, most importantly, moral support that many VCs lack to provide. 🤝 Here's our story and why we focus on Founders. ⬇

Excellent piece from Outlier Ventures. Great minds think alike! As Outlier Ventures underlines in their research, the tokenization of RWA drives the next leg of the digitalization trend. We are totally on the same page with a twist of perspective: this means “tokenization will be most valuable where digitalization is lagging” ;) This is why Remedi Finance is built 🚀 . It is the 1st UniFi pioneer we constructed on top of Embedr’s core to check all those efficiency, liquidity, and decentralization boxes to transform a $129B market niche where digitalization is at “caveman levels.” https://lnkd.in/e39JZ22A

We want to welcome Propelx to the ROTH Capital Partners (ROTH MKM) Conference March 17th - 19th, 2024. See their profile on B2i Digital at https://lnkd.in/gXHanQ9S Propel(x) is an Alternative Investments and Syndicates-as-a-Service Platform. As an Alternative investments platform, Propel(x) facilitates accredited investors globally to access and invest in curated hedge funds, startups, and venture funds at investments minimums starting at $5,000. The Syndicates-as-a-Service Platform empowers founders and syndicators to establish and oversee U.S. registered syndicates at a low cost starting at $5,700. Backed by investors such as Franklin Templeton Investments, MIT Angels, and others, Propel(x) stands out as a laeder in its industry, with four key differentiators: 1. Quality and Curation: Our mission is to enable ordinary accredited investors to co-invest in top tier opportunities alongside top-tier VCs and institutional investors. 2. Regulated Broker-Dealer Subsidiary: A regulated subsidiary safeguards investors by obligating us to conduct due-diligence and be regulated under the Best Interest regulations per FINRA guidelines. 3. Syndicates Management Subsidiary: Our in-house syndicates management subsidiary enables timely issuance of online tax documents, and lays the groundwork for a potential future secondary market. 4. Multi-Asset Platform: We are able to host startups and funds on the same platform to create diversified investment opportunities. The company has been profiled in leading media outlets, including the Wall Street Journal, Forbes, Inc. Magazine, VentureBeat, among others. We look forward to seeing the continued results from Swati Chaturvedi, Jason May, Selma Duhović, Hasmita Kapoor, Jenny Centeno White, Glenn Mathesie and the entire Propelx team! Thanks Isabel Mattson-Pain, Sagar Sheth, Amanda McAdams, Otilia "Charo" Montano, Paul Zaffaroni, Blair Friedensohn, Ivan S., Benjamin Bowen, Craig Irwin, Alexander Montano, Jeff Martin, Matt Koranda, Jesse P, George Kelly, CFA, Suji DeSilva, Robert Stephenson, Al Longfield, James Antonopoulos, Jacob Frank, Doug Gonsalves, Aaron Gurewitz, Byron Roth, Greg Kouvelas, Samir Hussein, Brady Fletcher, Gil Ottensoser, Greg Ogborn, Doug Gonsalves, David Farina, Rohit Kulkarni, John O'Brien, Matthew Day and the rest of their team for putting together this conference.