Deep Tech VC: Puts on pot of coffee to read 5th nature paper for the evening while trying to discern 5yr trajectory of an entire scientific field
B2B Enterprise VC: YOLOs into 3 month old genAI company at $100m pre that doesn’t even have product yet
We are not the same
James Hardiman
4,023 posts
GP @DCVC; physicist at heart; interested in hard tech solving real problems; proud graduate and supporter of @ChicagoBooth & @UCBerkeley.
San Francisco
Joined July 2011
- I joined @DCVC as the first hire when we had <$100m AUM. Today we announced $725m for our fifth flagship Deep Tech fund. The trajectory has been insane.
- Excited to continue to back entrepreneurs building deep tech companies to transform industries and address the world's challenges And thankful to our LPs for entrusting us to do so
- Absolutely NO ONE tell Cramer about Deep Tech. We got a good thing going over here and I don’t want it getting f*cked it up.Enterprise software is where the money is going!!
- Not if you’re building in deep tech it’s not. @DCVC recently announced $1B+ in new funds to back ambitious entrepreneurs tackling the worlds most important problems. If this describes you, consider getting in touch.Is it really the worst time to fundraise in history??? I wanted to make sure, so I asked my smartest VC & founders-who've-raised-recently friends and this is what they said:
- Replying to @JayaGup10Deep Tech VC: Hundreds of satellites in space, novel life saving treatments, nitrogen fertilizer with zero emission, rapid wildfire response and prevention B2B Enterprise VC: 15 min office supply deliver
- Deep tech entrepreneurs are still like the top row … 💪🏻 🚀 ✈️ 🤖 🦠 🏥 💪🏻 Sequencers in basements. Rocket engines on bicycles. Optics tables in garages. Every one of those is a real story.What happened to startup culture?
- Just finished Prediction Machines by Ajay Agrawal @joshgans & @avicgoldfarb. Wow. I have been investing in AI companies for years @DCVC and still found this a very insightful read. Here are some of my crib notes 1/n
- Excited to finally be able to talk about what @ronalfa, Jacob Rinaldi, and the whole @noetik_ai team have been working on Spatial biology + AI = better cancer therapies, faster More here:
- Lots of fun chatting the VC perspective on QC at @techreview #FutureCompute 💯 speaker line up & multiple call outs to @dcvc backed @rigetti, @qctrlHQ, @proteinqure (+more @creativedlab QML cos) and even some talk of blind QC (@horizon_quantum !) Photo credit: @Travis_Sch
- Huge congrats to @RecursionChris and the @RecursionPharma team. You’re just at the beginning of decoding biology. Excited to see where you go from here!3, 2, 1... 🎉 Live from Salt Lake City, UT, @RecursionPharma rings the @Nasdaq Opening Bell in celebration of today's #RecursionIPO!
00:00 - Hearing from multiple companies they are transferring money INTO Silicon Valley Bank. Literally the safest place to bank right now.
- Replying to @maiabManagement fee is effectively a loan. VCs have to “pay it back” before they start taking carry. It’s not like double dipping.
- Replying to @terronkAnd they opened shop over night with out any permits









