NFX was the first investor in EvenUp @evenuplaw, the legal AI startup, while its category was still nameless. @AnnaPinol_, partner at @NFX, walked @guilleflorvs and me through how that bet looked at the seed stage.
▫️ It sat outside every thesis bucket. The case came from first principles: what EvenUp was doing for its customers was very valuable. In Anna's words, "everything makes sense."
▫️ About three years later it's a unicorn, and the market coined a term for it: vertical AI. The same playbook is now being rolled out in many places.
Those are her favorite investments: you back something early, and a few years later the whole industry is inventing playbooks around it.
Founders building in a category that's still waiting for its name, reply and tell me what it is.
https://t.co/E15qlalDRT
@PhilipJohnston Disagree in general but I get your point - if I feel is moving fast + is particularly exciting I might just skip the EA / agent step altogether
A reporter asked Lamine Yamal how he handles the pressure of carrying Spain at 18. His answer: my mother had me when she was 16, that's real pressure. My father picked things off the street to bring food home, that's pressure. All I have to do is play football.
That's the whole story of who he is, and most fans only know the surface of it.
Before he was born, his teenage parents fell behind on rent. Two neighbors named Lamine and Yamal covered them, and his father vowed his son would carry both names forever. His legal name is a permanent record of a debt his family couldn't repay in money. In Arabic, the names mean "the trustworthy" and "beauty."
His parents split when he was around 5. His mother raised him in Granollers on a fast food wage. And here's the detail almost nobody knows: that job is the reason he became a footballer. Through work she met the daughter of the youth coordinator at CF La Torreta, his first club. When she worried she couldn't cover the fees, he told her that if the boy wants to play, money will never be the reason he can't.
As a kid, Lamine told his parents: if you're counting on me getting a normal job, we're in trouble. But if I become a footballer, you'll never have to worry again.
He signed with Barcelona at 7. He was right by 15.
Every goal, he flashes 304 with his fingers. The end of 08304, the postal code of Rocafonda, the neighborhood where strangers paid his family's rent before he existed. It gets credited on every goal since.
Today, at 19, he plays for the World Cup. And if he scores tonight, somewhere in the biggest broadcast on Earth, two neighbors will hear their names, and a postal code will flash on 2 billion screens.
Back in SF for Latitud’s new cohort. 8 pre-seed founders: all LatAm born, building globally. We’ll be meeting @rauchg at Vercel,@davidbooth at a16z, @victorcardenas at Slash. Senior folks at Anthropic & OpenAI. The CTOs of Replit and NotCo. Partners at NFX, YC, Pear, CRV, Base10, Valor, Reach, Afore.
“To have a big dream requires the same effort as having a small dream. Dream big”, Jorge Paulo Lemann, 3G
We’re entering LatAm’s global founder era. Brace yourselves.
Everyone is racing to build smarter AI.
But there's a parallel race toward more human AI.
It's equally important, perhaps even more so in the long run 🧵
Think about a therapist, a negotiator, a teacher.
Their value is both knowledge and reading the room. Knowing when to push, when to hold back, what someone needs to hear.
That's the unlock. AI that doesn't just answer questions but understands the human on the other side.