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Why We’re Looking to Fund Stuff With More Meaning

Both Sides of the Table

Since the majority of VC returns come from a small number of deals, “obvious” investments seldom return such incredible multiples. They point out perceived market risks, they might question the management team’s experience, they might worry about regulatory risk or incumbent competitive powers. Startup Lessons'

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

Additional investors in the newest seed round and expanded credit facility include Village Global VC, Flexport Ventures, Tresalia Capital, 342 Capital, Struck Capital, Antler LLC, Antler Elevate, Florida Funders and Fox Ventures.

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10 investors predict MaaS, on-demand delivery and EVs will dominate mobility’s post-pandemic future

TechCrunch

However, for capital intensive transportation companies, the rounds have gotten so huge and expensive that they often make little sense for early-stage funders to participate in (they get diluted down hugely). This is a fundamental confusion in the VC space — innovation does not always equal progress.

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The Surest Sign You’re Winning is When Goliath Takes a Swing at You

Both Sides of the Table

I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. I’ve known Jamie for years — he’s one of Los Angeles’ true innovators — so when we first heard he was starting Ring (then DoorBot) we were immediately interest and have been huge supporters (and funders) since his earliest days.

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