I’ve received a number of flights subsequent week so hopefully extra unique content material coming then, however for now, sharing some good reads.
Which AI Mannequin Ought to You Choose for Your Startup? (Tomasz Tunguz) – My former Google colleague and fellow VC gives a information to Huge Mannequin vs Small Mannequin (in addition to a Third Method).
“A product supervisor at present faces a key architectural query with AI : to make use of a small language mannequin or a big language mannequin?”
The place Your VC Can’t Assist (Ellen Chisa) – Product supervisor turned founder turned VC chimes in with a number of the areas that your VC can’t (or shouldn’t) assist. Particularly “I can’t let you know what product or firm to construct,” “I can’t discover your first engineer,” “I can’t aid you ship,” and “I can’t make somebody use your product.”
Entrepreneurial Archetypes (Jared Hecht) – The founding father of GroupMe and Fundera compares and contrasts 5 forms of entrepreneurial motivation (the serial inventor, the opportunist, the issue obsessor, the business knowledgeable, and the tutorial), together with the professionals/cons of every. Jared begins to get into what I believe could be a terrific follow-up submit, which is what about cofounder pairings? Which combo nicely collectively and that are an excessive amount of, or too little, of an excellent factor.
What Occurs When Small and Giant VC Companies Decouple and Have Much less in Widespread? (Charles Hudson) – You all know the way a lot I like Charles’ posts and have a tendency to agree with most of them. Right here he talks concerning the bifurcation of fashions and incentives amongst funds of various sizes.
“In a world the place all funds had been a part of the identical ecosystem, the enterprise capital enterprise labored like a relay race. The pre-seed and seed buyers labored with firms to get traction, the Sequence A and B buyers offered capital and help to assist them show out scale, and growth-stage buyers helped put together them for all times as public firms. Every participant had their very own lane and specialty and principally targeted on the factor or issues they did nicely till it was time to transition that firm to the following individual within the chain.”
He additionally touches on how firm exit dimension (and its return to regular expectations on common) is such a huge effect on fund fashions. The smaller funds that lack focus will discover that even winners don’t actually transfer the needle sufficient (you want a number of) and the bigger funds are trapped by their very own AUM. Summer season 2022 this was considered one of my two largest statements about what the downturn means for startups and enterprise.
Benefit from the reads!
