Motivate VC

@MarikHazan @feltsensefund @MattPRD @moltbook @crunchbase @joinrepublic @DraperVC @PrecursorVC @Liquid2V Let's go Feltsense!!

Just raised $5.1M to build agents as fully autonomous founders. @feltsensefund is backed by @MattPRD (founder of @moltbook) along with the founders of @crunchbase and @joinrepublic, and VCs like @DraperVC, @PrecursorVC, and @Liquid2V. You're already using products our agents built. Thread on what we learned last year 🧵

@niccruzpatane Our very own @davidjwieland just posted something similar about this… linkedin.com/pulse/why-edge…

Elon Musk came up with a pretty incredible idea during the Q3 Earnings Call, that no one is really talking about. His words: “Actually, one of the things I thought, if we've got all these cars that maybe are bored, while they're sort of, if they are bored, we could actually have a giant distributed inference fleet and say, if they're not actively driving, let's just have a giant distributed inference fleet. At some point, if you've got tens of millions of cars in the fleet, or maybe at some point 100 million cars in the fleet, and let's say they had at that point, I don't know, a kilowatt of inference capability, of high-performance inference capability, that's 100 gigawatts of inference distributed with power and cooling taken, with cooling and power conversion taken care of. That seems like a pretty significant asset.” So basically, each car has ~1 kilowatt of high-performance AI inference capability, Tesla wouldn’t need to build giant data centers — the fleet is the data center. Tesla could turn their entire fleet into a giant distributed inference network, spread across the world, powered by the batteries and AI in the car already. Mind blown.

@lukeshepard @bubjacks Yes! @davidjwieland is an angel NRI’s pre seed

@bubjacks NoRedInk, now worth >$100m, was founded in 2012 in Chicago by Jeff Scheur, who was a teacher at Whitney Young. He raised from Hyde Park Venture Partners, among others. He moved to California that year, but it was started here! edsurge.com/news/imagine-k…

I dug into the Chicago tech scene going back ~50 years. How many successful tech companies were founded here? Who is behind them? How much value have they generated? I struggled to find good data, so I did some research... Chicago Tech’s $100M List: docs.google.com/spreadsheets/d…

So what are the takeaways? We've seen the value of the top 1% exits essentially double every 5 years. If this trend continues then the top 1% exit for funds investing today would be $40bn+ (8-10 year holding period). This doesn't seem unreasonable. /6

@chrissyfarr @ReloShare

My husband went to the ER, sat there for two hours without getting seen, then an intern triaged him, and still he didn’t get seen. He felt better in that time so he ended up leaving. A $3,000 bill arrived. Apparently it’s $3,000 for the privilege of being in the waiting room now. I’ve asked for an itemized bill. At this point I’m curious about how you even code for that? “Waiting charge?”

It’s finally time 🙏 We’ve been in open beta now for 3-4 months onboarding thousands of investors & we’re kicking it up ✅ SEC Regulated crypto app ✅ Secure custody ✅ Managed & self directed portfolios ✅ Much cheaper fees than Coinbase Stop trading. Start investing.

A quick call can turn into a long fall from productivity. 😆

Temu employees: 10,000+ Instagram employees: 50,000+ TikTok employees: 35,000+ Google employees: 100,000+ Netflix employees: 10,000+ Amazon employees: 1,000,000+ … Hallow employees: 80 + Jesus

yes, yes they are

LFG JB!

Listen to CEO Chris Aguas of @AngelesInvestor portfolio company @CorechainTech on how they are disrupting the B2B blockchain payments space. #Web3 #payments #Blockchain twitter.com/CorechainTech/… @uluventures @MotivateVC

I’ll be working on national Inno projects and initiatives, and working with our Inno reporters in 40+ cities. Still in Chicago, but I’ll no longer be on the daily Chicago tech beat. We’re hiring for my replacement! journalismjobs.com/1673866-econom…

Congrats to the team! techcrunch.com/2021/12/05/sta…

Congrats to Michael and the Embed team on their official launch! Motivate Venture Capital lnkd.in/eMeSfJcT

Magical words

"Pessimists sound smart. Optimists make money." —@natfriedman

@MacConwell @OhRebeccaO 100% include management fees, etc. whatever LPs have wired you

@OhRebeccaO see, here is the sticking point. I've had people give different defs for Paid-in Capital. This is the one I went with

I have a question for my other VC. When you display your TVPI, do you calculated it based on invested capital or a different value? #BuildingInPublic #OpenVcTalk

@galeforceVC @jenny_colgate @fintechtoday_ @NikMilanovic @ModernTreasury @pymnts @matt_levine @lavca_org @11FS @axios @bankingdive Jenny Covered our three faves

@jenny_colgate @fintechtoday_ @NikMilanovic @ModernTreasury @pymnts @matt_levine @lavca_org @11FS @axios @bankingdive I know @MotivateVC follows some good ones in case they have any to add!

Here are some of my favorite fintech/payment newsletters. What are yours? -@fintechtoday_ -This Week in Fintech @NikMilanovic - @ModernTreasury's Journal -@pymnts -@matt_levine -@lavca_org -@11FS -@axios Pro Rata -@bankingdive