How are your startup investments actually doing?
Per our Startup Index, valuation performance varies depending on when they first raised capital:
→ 2018-20: Flat to negative markups
→ 2021: Continued weak valuations
→ 2023-24: Strong markups w/ 4-5x higher scores
A common pattern in consumer AI over the last couple years:
An app that generates AI portraits of you will go viral—but then users churn after a few days. I started advising one of these apps last year called @vybeappp
and the goal was to turn it into a durable app.
We started with this question: In what context would people need generative portraits on a recurring basis?
The founder @mandelapatrick_ dug into the data and found that some users were sticking around: they were trying on different clothes using the app.
So we redesigned the app to be exclusively focused on this use-case. But most importantly, we integrated it into their existing patterns of behavior: a mobile safari extension that would intercept the user every time they were shopping. Just tap a button to try on the item on any page.
They just shipped it and the results blew past all expectations: Retention nearly 4x. Once the user enabled the extension, they were essentially retained for life.
And even better, it unlocked a better revenue stream: instead of a subscription that users would inevitably cancel, VYBE simply collects a commission in the background off every purchase into perpetuity.
(Re)Introducing Highlight: The Marketplace For Believers.
NFTs aren't just digital ticker symbols—they're vibrant expressions of human culture, creativity, and community.
Here's what's new on Highlight ↓
I’m excited to announce that @vybeappp has raised $4.75M from @stellation, @scribble, @neo, @coalitionvc, @Blueprint.
Imagine a world where anyone has access to Beyonce’s photographer on demand in their pocket? vybe - the ai camera makes it one-click.
Photos have always been the dominant format of self-expression throughout history. From cave paintings & Kodak analog cameras to filtered mobile photos on Instagram & Snapchat, people have wanted to capture reality & imagination into a visual canvas. Photos have since evolved into a cornerstone for community building and human connection.
With the advent of AI, this moment in history presents a new inflection point in the story of photography. It introduces a new era where every story featuring you and your friends is captured with the cinematic quality of a James Cameron film. Your imagination is the only limit for you and your friends.
This vision has deeply resonated with our predominantly Gen-Z community, who have consistently used vybe as their personal photographer for months. Their valuable feedback has been instrumental in refining and perfecting the core experience, leading to the product you see today. Our community has created millions of images, demonstrating the immense potential of AI-powered visual storytelling. (1/4)
For the traveler with big plans and travels coming up, it’s your time to check it off your to-do list. ☀️
Book your hotel stay with us before 8/1 and get up to $3,000 off your booking.
Some containers release as many as 4.22 million microplastic and 2.11 billion nanoplastic particles within 3 min of microwave heating. Refrigeration for over six months can also release billions of microplastics and nanoplastics 😮
if you're a founder/vc/operator based in NYC that travels >3x/yr, drop a comment so I can send you $100 in hotel credits to book your next hotel on @safara_travels 👋