Alex Benik, Partner/Founder at Encoded Ventures, discusses the fund’s investment thesis. Great discussion on how we each view the disruptions AI is causing on multiple fronts. VCs investing today have to think about the next 5-7 year window and what changes are likely to come.
>>>Can I get introductions to relevant investors, customers, or partners—even if I’m not in Silicon Valley?
Yes, 1Mby1M does facilitate introductions to relevant investors, customers, and partners, even for entrepreneurs outside Silicon Valley. Here’s a breakdown:
>>>Sramana Mitra: Yes, but I was not asking you about AI rollups. I’m asking you about this Y Combinator model of starting a full stack company from scratch.
>>>Sramana Mitra: Interesting. There is a completely opposite trend, but it’s kind of similar. Y Combinator put out the types of companies they’re looking for a few months ago. One of the types of companies is full stack AI.
>>>Sramana Mitra: If you were to highlight some themes that you’re seeing in the deal flow right now, what are some of the trends that you’re seeing?
>>>Ray Wu, Managing Partner at Alumni Ventures AI Fund, discusses the fund’s investment thesis.
>>>Sramana Mitra: I think proprietary domain knowledge is going to be the driving factor, and you’re focusing on something where the underpinning of your investment thesis is proprietary domain knowledge. You cannot do this without proprietary domain knowledge.
>>>Sramana Mitra: You are investing in risk and data-driven risk products. This domain requires people who are working in some domain-specific use cases around all that. Otherwise, you don’t really have insights into the problems to solve, right?
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