venturecapital

Wrote a little love letter to venture capital.

Wrote a little love letter to venture capital. 

https://www.notboring.co/p/venture-capital-and-free-lunch

Great read as always Packy. Love how you broke it down. Will be honest, not a fan of VCs. Feel like it’s become too MBA-ed if it makes sense. But totally get behind your points about why we need VCs for 0-1. Question, do you see the combination of crypto (liquidity) and AI (lower intertia) changing how VC structures?

Network-state physician always trying to learn, passionate about healthspan and longevity.

Thats great to hear about frontier tech, it showed with what you covered in nuclear as well on the pod, which takes guts to invest into, especially a few years back.
Yup, it seems bootstrapping software is easier of an option with AI, but like you said, the hard/frontier tech needs it, hopefully crypto can help! 🤞

I actually agree with you that a lot of it has become too MBA'ed! I thinkkkk that is changing as real frontier tech (deep tech, crypto, AI) become focus areas vs. SaaS. 

Good Q and don't have a great answer -- I think AI makes pure software investing harder for VC, and hope crypto means more non-VCs get in early.