In order to make wise bets in the current wave of startups, Matt Hartman believes that venture capitalists will need to have a deeper understanding of the technology that these startups are establishing.
Hartman (as shown above) Before the founding of the new company Fortorial Capital, he spent nine years as a partner, where he developed a different way to identify the most promising startup startups. His mantra: "To invest in the software, you need to know the working principle of the software."
Not other VC ignoring technology. But Hartman said that most companies are built to evaluate the appropriate consumer brands and other companies that have reached the product market; technical diligence usually appears at the end of the transaction process, usually limited to the existing investment portfolio in the company in the company's existing investment portfolio Consult CTO in the company.
From the perspective of Hartman, this method is insufficient, especially when AI and other technical distinctions are key areas.
He said: "Technology startups want to get capital from people who understand what they build, and most of the venture capital companies today have not actually set up the fit of the pre -technology market."
Of course, lonely venture capital is unlikely to carefully evaluate the technical expertise required by various startups. Therefore, the step -by -board model depends on the founder of the technical founder. Everyone focuses on purchasing their own transactions from their own network and field. Knowledge.
Clement Delague, CEO of AI startup Hugging Face (Hartman), is the first purchasing partner of Jiebo. Now, the company has announced other partners: Alex Chung, the co-founder of Giphy, Iqram Magdon-Ismail, the founder of Venmo co-founder, and the co-founder of the Hugging Face co-founder of Delague, Julien Chaumond, and Thomas Wolf, Fast FORWARD FORWARD Labs Joint Laboratory Founding HiLARY MASON, and Matt Hackett, co -founder of Beme and Beme.
Hartman said that these founders are "the most capable of determining the fit of truly novel technical teams and pre -product markets."
Magdon -ISMAIL added that he "excitedly supports incredible founders like substrates (and) like a partnership."
He said: "The founder likes to cooperate with the founder, and the level multiplication can achieve this goal."
HARTMAN is not the only investor, active founders are better than investors with full -time investment. TechCrunch recently wrote an article about PowerSet. PowerSet is an investment plan that provides a $ 1 million investment for a small group of founders to invest in startups.
As far as the seizure is concerned, Hartman said that they can write a check separately, and they often invest in their own money with the company. However, when they bring the transaction to the order, they can make larger bets (the company usually invests $ 500,000) and then gets half of the interest from these transactions.
Hartmann did not disclose the size of his first fund, but his goal was 30 entrepreneurial investment. He added that the step -by model has led him to lead the larger company through an early investment AI startup.
The step -by -step investment portfolio includes the above substrates and modes, as well as factory AI, pickup, modal, customer, Patronus, Simic, Flower and adaptive ML.