cryptoaddict

AXS and GMT hate page

[SpencerLovesStartups @SpencerStartups]

Thinking of hitting a more niche set of startups.
1. Euro Fintech / web 3
2. Euro medtech / devices
let me know what you think! Or any other recommendation?
I'll link a poll below!

[cryptoaddict @degenexposition]

Is there any semi - new cryptos you guys like right now? Asking for a friend ;)

[SpencerLovesStartups @SpencerStartups]

Startup of the week
Reflex Robotics @ReflexRobot
https://t.co/yJxDBzgZs8
Sector: Robotics
Location: San Francisco
Founded: 2021
Stage: Seed ~ 7 million
Investors: Julian Capital, Khosla Ventures
Team: Founders Mateo Mariscal, Ritesh Ragavender, MIT graduates, and there team have experience at Tesla, Oculus, Boston Dynamics, Y combinator, and ASML
What they do: Building general purpose affordable robots. Their robots cost 20x less than the competition (Boston Robotics, Figure, etc.). You pay a one-time hardware cost plus a monthly fee that's half as expensive as your current labor costs. Higher reliability Humans can control these robots from up to 3,000 miles away. That allows teams to solve complex problems that would disrupt fully autonomous systems.

Thoughts: The Practical applications demonstrated on their website is what really sold me. The Robots are shown performing tasks like, packing beverages, cutting in wood shops, and warehouse palletizing. The company seems scalable, and addresses a large market. I do see some challenges they may face in the future, such as their dependency on remote operations, competition from larger companies working on a similar product, integration into previous systems, and as with any technology involving AI and automation, ethical considerations. It’s still early but it’s hard to imagine a world where this type of tech does not change labor dynamics across distribution centers.

[cryptoaddict @degenexposition]

RT @SpencerStartups: Startup of the Week: https://t.co/KROiaq80vd

Sector: Software Development / Marketing

Location: Washington, DC, USA…

[SpencerLovesStartups @SpencerStartups]

I read the paper "HOW DO VENTURE CAPITALISTS MAKE DECISIONS?" From the Journal of Financial Economics so you don't have too!

Here are my five key takeaways:

Importance of the Management Team:
The management team is considered the most critical factor in investment decisions, with VCs placing a higher value on the capabilities and experience of the team over the business model or technology of the startups. This emphasis on the team reflects the belief that a strong, capable team is better positioned to navigate challenges and pivot the business model as necessary to achieve success

Deal Sourcing and Selection:
Active deal sourcing through professional networks and referrals plays a significant role in generating investment opportunities. The selection process is rigorous, with a small fraction of deals making it through the funnel to investment.

Valuation and Deal Structure:
Exit considerations and comparable company valuations are the most important factors in deciding on the valuation offered to a company. VCs prefer using cash-on-cash return or internal rate of return (IRR) metrics over discounted cash flow (DCF) analyses due to the high uncertainty and lack of historical operating information in startups. The structure of the deal, including terms like liquidation preferences and anti-dilution protection.

Post-Investment Value-Added:
VCs actively engage with their portfolio companies post-investment, providing strategic guidance, operational support, and networking opportunities. This involvement is crucial for the growth and success of the startups. It shows how VCs can add value beyond just financial investment.

Exits:
The exit strategy, whether through acquisition or IPO, is arguably the most important part of the VC investment process. Successful exits are the most significant source of returns for VCs. The paper shows that there's a lot of variation in investment outcomes, with a mix of high multiples and losses. This really drives home the high-risk, high-reward nature of venture capital investing.

https://t.co/kpA6RHqLqL

[cryptoaddict @degenexposition]

Check out my new twitter @SpencerStartups! I source cool startups every week!

[SpencerLovesStartups @SpencerStartups]

Startup of the week: Carcinotech Ltd
@carcinotech
Sector: MedTech/Biotechnology
Location: Edinburgh
Founded: 2018
Stage: Seed (5.3 million)
Notable Investors: Eos Advisory, Investment Fund for Scotland, Scottish Enterprise, Old College Capital, Investing Women Angels, existing investors Tricapital Angels Limited, SIS Ventures, and Alba Equity.
Team: Ishani Malhotra, Founder and CEO has over nine years of experience in oncology and stem cell research.

What they do: Carcinotech specializes in the production of 3D-printed micro-tumors. Carcino3D, provides a platform for rapid, ethical, and accurate drug discovery, screening, and pre-clinical testing. They aim to accelerate drug discovery and bring more effective cancer treatments to market.

Thoughts: Their approach to creating 3D-printed micro-tumors offers a more ethical alternative and should accelerate the development of personalized medicine. By more accurate and rapid drug screening, Carcinotech's technology could significantly impact the effectiveness of cancer treatments and personalized medicine. I would be on the lookout for BioTech companies working on personalized medicine, this will change the industry and the world one day.

[SpencerLovesStartups @SpencerStartups]

Favorite Startup from Y Combinator 2024:
Nuanced @nuanced_dev
Sector: Cybersecurity
Location: San Francisco
Founded: September 2023
Stage: Pre-Seed
Investors: Y Combinator

Team: Ayman Nadeem worked at GitHub for 7 years and engaged in security research at Oxford. Dylan Drover an Applied AI Scientist at Amazon for 6 years.

What they do:  Helps detect deep fakes and misinformation and offer business.

Thoughts: Their work is vital in combating deepfakes and maintaining online authenticity, offering businesses easy-to-integrate tools that meet the cybersecurity market's evolving demands. I think there is a huge demand for this service, especially with the rise of deepfake videos surfacing on social media.
Take Taylor Swift for example.

[SpencerLovesStartups @SpencerStartups]

Y Combinator demo day

YC combinator is the industry standard for startup accelerators. Nearly 76% of the 247 start ups startups mentioned AI in there pitches and nearly 25% identified as an AI startup. With the bulk being in SaaS, Dev tools, Infrastructure, Healthcare, & API's.

[Evan @StockMKTNewz]

Microsoft $MSFT just announced the public preview of Python in Excel - Tech Crunch

[Andrew Lokenauth @FluentInFinance]

I've used Microsoft Excel for 20 years and these 10 tips will make you an expert & increase your productivity 100X

Don't use Excel again without learning these 10 functions:

[NFT Ethics @NFTethics]

1/ This thread shows there are deep connections between NFTs/crypto, Goldman Sachs, controversial financiers/investors, and some of the major FIAT frauds and financial scandals over the last years (e.g. Wirecard, 1MDB) that cannot be explained by mere coincidence. A thread. 🧵

[Stock Talk @stocktalkweekly]

Retail: My money isn't safe at banks, so instead I will convert it into Bitcoin and hold it on a 3rd party crypto exchange where it will be much safer.

[Andrew Lokenauth @FluentInFinance]

Many don't realize the importance of Silicon Valley Bank to the economy & the ripple effects coming

SVB's failure is the beginning of a domino effect throughout tech & start-ups

I've worked in banking for 10+ years so let me explain why you should care & what it means for you:

[aaronsim @aaronsiim]

ultra-modern generative ai🗨️:

• AI2
• AI21
• mdm
• gpt-J
• gpt-3
• x-clip
• bloom
• cohere
• gopher
• dall•e 2
• craiyon
• tabnine
• jukebox
• chatGPT ***
• anthropic
• codegeex
• nvidia get3d
• dreamfusion
• stable diffusion
• meta make-a-video

[Cheddar Flow @CheddarFlow]

Credit Card Debt vs Savings 😬

Source: Refinitiv Data

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

The worst events in Crypto history:

• Mt. Gox Hack ('14)
• The Dao Hack ('16)
• Terra Luna Collapse ('22)
• FTX sells to Binance ('22)
• 3AC Collapse ('22)

3 of the worst events in in Crypto happened this year.

If you survived this year, you've earned your stripes.

[cryptoaddict @degenexposition]

@gurgavin 17656.3

[Cheddar Flow @CheddarFlow]

The last 8 recessions in the United States were all preceded by an inversion of 10-Year Treasury bond and 3-Month Treasury bill.

This inversion occurred yesterday…

Source: Charlie Bilello