I’ve bought a number of flights subsequent week so hopefully extra authentic content material coming then, however for now, sharing some good reads.
Which AI Mannequin Ought to You Decide for Your Startup? (Tomasz Tunguz) – My former Google colleague and fellow VC supplies a information to Large Mannequin vs Small Mannequin (in addition to a Third Manner).
“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 inform you what product or firm to construct,” “I can’t discover your first engineer,” “I can’t enable 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 an awesome follow-up submit, which is what about cofounder pairings? Which combo effectively collectively and that are an excessive amount of, or too little, of a superb factor.
What Occurs When Small and Massive VC Corporations Decouple and Have Much less in Widespread? (Charles Hudson) – You all understand how a lot I like Charles’ posts and have a tendency to agree with most of them. Right here he talks in regards to 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 traders labored with firms to get traction, the Sequence A and B traders offered capital and assist to assist them show out scale, and growth-stage traders 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 effectively till it was time to transition that firm to the following particular person within the chain.”
He additionally touches on how firm exit measurement (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!