Q1 2023 Portfolio News
We’re a quarter into 2023 and when it comes to funding, the pullback from tech continues. However, just like winter provides the time and space to reflect and renew, a market downturn is the best time for heads down building without all the distractions of a super bull market. With that said, here’s a selection […]
Announcing Jobber’s $100m Series D: building a company for the long-term in an era of start-up hyper-growth
Over the last few years, the start-up market has focused almost exclusively on hyper-growth, quick valuation increases, raising large amounts of capital, and trying to take companies public in a premature way (SPACs). Building a generational company systematically for the long-term has almost completely gone out of fashion. In this context, it’s remarkable to see […]
Why now? Getting to the core of any investment
This marks my tenth January as an investor. A new year always comes with lots of enthusiasm, but there’s a different tone this year. Never before have I been asked by so many founders and fellow VCs alike, “Are you investing right now?” My answer is always “Why not?” Sure, tech pulled back in 2022 […]
Thinking through AI as the next new platform opportunity
Since its launch a few weeks ago, OpenAI’s ChatGPT has captured the imagination of users, entrepreneurs and investors alike. The quality of the chatbot’s content and conversational speaking style have convinced many that AI is finally ready for primetime. Some are even comparing ChatGPT’s launch to the iPhone App Store – a pivotal moment in […]
2022: V1 Year in Review and Looking Forward
After the incredible pace of 2021, tech has definitely pulled back in 2022. But through it all, we remain focused on investing in outlier talent with big missions and developing theses in emerging areas. In other words, we haven’t changed our philosophy or how we invest. With every investment (no matter where we are in […]