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 offers a information to Massive Mannequin vs Small Mannequin (in addition to a Third Approach).
“A product supervisor right now 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 few 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 kinds of entrepreneurial motivation (the serial inventor, the opportunist, the issue obsessor, the trade skilled, and the tutorial), together with the professionals/cons of every. Jared begins to get into what I feel could be an ideal follow-up submit, which is what about cofounder pairings? Which combo effectively collectively and that are an excessive amount of, or too little, of factor.
What Occurs When Small and Giant VC Companies Decouple and Have Much less in Frequent? (Charles Hudson) – You all understand how a lot I really 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 traders labored with corporations 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 corporations. 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 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 time 2022 this was one in every of my two greatest statements about what the downturn means for startups and enterprise.
Benefit from the reads!
