Giving up equity early on is one of the worst decisions an entrepreneur makes. Say, you give up 15% for $200k in pre-seed accelerator funding. What happens next? You haven’t validated anything yet. You don’t know whether your business has the capacity to go from 0 to $100M in 5-7 years. That’s what VCs are
During this week’s roundtable, we had Warren Packard, Partner at AI Fund, discuss his firm’s investment thesis. Instead of founders pitching, the AI Fund operates as a Venture Studio and recruits repeat entrepreneurs with domain knowledge to build ventures based on their ideas. Revive Analytics As for our entrepreneur pitches, we first had Modi Daryani