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Investing Outside The Bay Area

Haystack

When I began investing a little over five years ago, it felt like the conventional wisdom was that one had to invest in the Bay Area to harvest venture-like returns. So, about two years ago, as a Bay Area resident, living right off Sand Hill Road, started intentionally investing outside the Bay Area.

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Egyptian investment app Thndr nabs $20M from Tiger Global, Prosus Ventures and others

TechCrunch

But as a relatively young population, most of them have minimal equity market and investment exposure. The company has raised a $20 million Series A round to democratize investing in the Middle East and North Africa. and Europe, up to half of the population invests in financial instruments. One such is Egypt-based Thndr.

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The Breakout Tech Company Of 2018

Haystack

As a little tradition on this blog, I’ve singled out companies starting in 2013 with Stripe ; there was Snap back in 2014; Slack in 2015; took a break in 2016, as I wasn’t inspired to select one then; and last year, 2017, was Coinbase. Here is the Google Doc where we tracked these.]

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

China’s e-commerce and industrial ecosystem is as different from the Western world as its culture. Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”.

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Textio’s Founder Kieran Snyder on the Two Advantages Startups Have in AI (While Remaining Skeptical Of The Funding Gold Rush)

Hunter Walk

That is to say, I DMed her on Twitter in 2016, impressed by the work she was doing but without a preexisting relationship. We way underestimated Textio’s stickiness within HR and how deeply HR execs would invest in Textio. Big companies are also rich with much more cash to fund AI investments and compute costs.

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The Ezra Klein Show: VC Bill Gurley on Transforming Health Care

abovethecrowd.com

In November of 2015, I posted a tweet that declared Benchmark was interested in discovering Internet healthcare investments. Over the next two years, I looked at many healthcare IT investment opportunities – I went “all in.” We also discovered what we believe is a large and investible trend/theme.

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