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Camilo Acosta

๐Ÿ‘ค Speaker
311 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And that's how my LP base was able to grow is through that word of mouth with these investors.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

I believe that you can encode and build models of what a successful founder looks like in B2B startups, and then also in consumer startups, because I think they're actually different.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And so that psychographic model I think is key.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And I think it's something that's repeatable and scalable.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

If you look at some of the character traits that really define the best founders of the history of technology from Bill Gates to Steve Jobs, Mark Zuckerberg, et cetera, et cetera, they all share common things.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And so I think that you can actually model this and use that model just like any other AI model to say, this is the right founder to bet on versus using just gut instinct, which is what a lot of precedency venture investing is a lot of gut instinct, but gut instinct is just data.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

It's just accumulated data in your mind and body that I think can be actually modeled.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We are of the size where we don't have to compete with the big boys.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We can collaborate with them given our check size.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And so we're in deals with

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

a lot of the big guys, Founders Fund, Cozlo, etc.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

So this is due to size.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

Where we do compete is the other pre-seed and seed firms.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And where we win is because we are exited AI founders.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We've been down the road as founders before, and in particular in AI.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And so it's a very, I don't want to say it's easy, but it's a pretty straightforward argument to make to any founder.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

We've just been there before.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

What can help you with the challenges you're facing today and will face tomorrow from inception all the way through exit?

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And so that's that's really been the key for winning for us, because most VCs are run by career investors who've never built anything before.

How I Invest with David Weisburd
E309: Why Most VCs Firms will Die by 2030

And then the firms that do have some level of operators, they tend to be operators are not founders.