The Importance of Early VC Deal Value

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Australia in 2013 to 2015 era was just perfect. Not too early, not too late. So I want to share a few things that you might think about looking for that might indicate you're right at that point of time. The first obviously is you have to have an under supply of capital. And entry valuations do matter to performance. In our first fund, the average valuation for a pre-seater C stage company was $4.2 million.

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Today’s show:

VenturusAI founder Emanuel Ciciu joins Jason as he dives into the origin story of his new startup before talking about building vertical AI solutions (1:30). Then Blackbird VC's Samantha Wong gives a presentation at Angel Summit about identifying soon-to-explode startup markets (41:53).

Time stamps:

(0:00) Emanuel joins Jason

(1:30) VenturusAI origin story

(5:20) The evolution of prompt engineering

(9:09) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist

(10:23) The true cost of building on top of a LLM

(12:56) Building vertical AI solutions

(18:15) VenturusAI demo

(23:36) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist

(24:42) VenturusAI path to 100 customers

(29:51) Next steps for VenturusAI

(35:40) Jason places a bet