🥁 Almost exactly 4 years ago, I met @chrija over Skype and embarked on a little journey from Boston to Berlin. Beyond proud to announce that this is where it's led:
Very simple but the journey of a startup looks as follow:
1. Founder Market Fit
2. Product Market Fit
3. GoTo Market (Market) Fit
=> 🚀
We build conviction on 1, we invest between 1 and 2, we do our best to help founders get to 2... and to 3.
🔥 L.O.O.M 🔥
(just raised another $30M at $350M valuation)
👊 Pretty amazing to see how it's developed since we invested in a chrome plugin 3 years ago!
forbes.com/sites/alexandr…
Exactly 6 y ago, @robindchnt & I started @PointNineCap
I’ve probably read (10) thousand decks, met 1000 companies & started working with 15.
Monday morning, start of a new week and… I am as curious & excited as on Day 1.
Lking forward to many more, team(s) 🤗
Done with Bill Gates' book on Climate Change. I took 17 screenshots of things / ratios / number I found useful to think about climate change in a holistic way.
If you're curious, here they are 👇
Beyond proud to announce that P9Family @cargo_one_ just raised a $42M Series B led by our friends at @BessemerVP.
Huge 🙌 & small🍷 from South Africa where we're working from for a few weeks and where the round was raised from.
Could not be more excited about what’s coming!
Was lazy to read all these S1s, so I read this: meritechcapital.com/blog/2019-revi…
For even lazier but still SaaS geeks, this is what the typical SaaS IPO (ie. the median numbers), vintage 2019, looks like:
- $280M in ARR
- 50% YoY growth
- 75% Gross margin
✍️ I am back in Paris after 2 weeks in the US exploring the LLM/GPT space.
In case you're curious, here are some notes I took along the way.
Hope that helps people wrap their around what's up (I am still trying :))
Monday morning, a HUGE thank you to all the people especially at the government(s), that worked their asses off the whole weekend to stabilize the financial system.
Hey AI practitioners!
🔮 I have been playing around the idea of crafting an "AI-first Funding Napkin" for quite some time now.
🚀 The .9 Version is just out and launched on @ProductHunt!
🙌 Ok, it's not a software, just a VC napkin, but check it out: producthunt.com/posts/the-ai-f…