Pano Anthos, Founder and Managing Director on Venture Capital

In this episode of "What Just Happened," Christine Russo interviews Pano Anthos, the Founder and Managing Director of XRC Ventures. Pano emphasizes the consumer-centric approach of their venture, highlighting their focus on startups at the intersection of consumer behavior and technological advancements. With a team of 12, they support around 140 startups across three funds, prioritizing innovations that directly impact consumers rather than enterprise-focused solutions.

Pano discusses the current state of venture capital, noting the apprehension among VCs due to concerns about inflated valuations and market volatility. He emphasizes the importance of unique solutions addressing significant problems in today's market, as investors are becoming increasingly risk-averse. Despite the challenges, Pano remains active in early-stage investing, particularly in the retail sector, where he sees significant opportunities for technology-driven solutions.

The conversation delves into various topics such as the evolution of AI, retail technology trends, and the importance of data-driven decision-making. Pano shares insights into the future of personalization, retail operations, and sustainability in commerce. He discusses the potential of AI-powered virtual assistants and the need for businesses to adapt to changing consumer behaviors and technological advancements. Additionally, Pano highlights innovative approaches to sustainability, including reusable packaging solutions and on-demand manufacturing, as part of their investment strategy in sustainable commerce.