Scott Paul describes the Utah angel investing ecosystem, and his role as a Founder of Convoi Ventures, an $8M rolling VC fund here in Utah.He's helped turn Utah into a thriving startup culture and he is a supportive leader and angel investor.Utah has a strong entrepreneurial spirit, with a growing number of startups and small businesses emerging in recent years.Angel investors are a critical component of the Utah startup ecosystem, providing seed funding and mentorship to early-stage companies. These investors are typically high-net-worth individuals who invest their own capital in promising startups in exchange for equity.Utah has several angel investor groups, including Salt Lake City Angels, Park City Angels, and Utah Angels. These groups offer a range of resources and support for startups, including funding, mentorship, networking opportunities, and access to a wide range of industry experts.In addition to angel investor groups, Utah has a number of venture capital firms that specialize in early-stage funding. These firms typically invest larger sums of money in startups that have already demonstrated some level of success, such as a working prototype or a small customer base.Overall, the Utah angel investing ecosystem is highly supportive of startups and is known for its strong sense of community. With a growing number of investors and a vibrant startup culture, Utah is becoming an increasingly attractive destination for entrepreneurs seeking funding and support for their new ventures.Follow Scott PaulTwitter: https://twitter.com/scottycoin LinkedIn: https://www.linkedin.com/in/scott-paul-404353225/Instagram: https://www.instagram.com/skitramp/ YouTube: https://www.youtube.com/c/LifeWithScottFollow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/

As an AI language model, ChatGPT doesn't have any direct impact on venture capital. However, ChatGPT and other AI technologies may indirectly affect venture capital in several ways:Improved investment decision-making: AI technologies like natural language processing, machine learning, and predictive analytics can help venture capitalists analyze large amounts of data and make more informed investment decisions. ChatGPT, for example, can help investors quickly analyze large volumes of text-based data, such as news articles, social media posts, and earnings reports, to identify trends and patterns that could impact investment decisions.Enhanced due diligence: Venture capitalists typically conduct extensive due diligence before investing in a startup. AI technologies can help streamline this process by analyzing a company's financials, patents, and other data to identify potential risks and opportunities. ChatGPT can assist in this process by analyzing large amounts of text-based information and helping investors quickly identify key information.Improved portfolio management: AI technologies can help venture capitalists better manage their portfolio of investments. For example, ChatGPT can analyze news articles, social media posts, and other data sources to help investors monitor trends in their portfolio companies and identify potential risks and opportunities.Increased efficiency: AI technologies can help venture capitalists automate many of their repetitive tasks, such as data entry and analysis, freeing up time to focus on higher-value activities like networking, due diligence, and portfolio management.Overall, AI technologies like ChatGPT have the potential to significantly impact the venture capital industry by improving investment decision-making, enhancing due diligence, improving portfolio management, and increasing efficiency.Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshaw

What is the effect of ChatGPT on startups? Though ChatGPT can have a positive impact, it will also shake up many industries. Here is a quick summary of the areas we think ChatGPT will affect/change the soonest. Customer Support: Startups can use ChatGPT to provide 24/7 customer support to their users. ChatGPT can handle a large volume of customer queries and provide quick and accurate responses, which can lead to higher customer satisfaction and retention rates.Product Recommendations: ChatGPT can analyze customer data and provide personalized product recommendations. This can help startups increase their sales and revenue by providing customers with products that they are more likely to purchase.Market Research: Startups can use ChatGPT to conduct market research by analyzing customer feedback and reviews. This can help them understand their target audience better and make more informed decisions about their products and services.Content Creation: ChatGPT can assist startups in generating content such as blog posts, social media updates, and email newsletters. This can help startups save time and resources on content creation while still maintaining a high level of quality.Virtual Assistants: Startups can use ChatGPT to create virtual assistants that can handle various tasks such as scheduling appointments, sending reminders, and answering basic queries. This can help startups streamline their operations and reduce their workload.What do you think? Follow the links below and let us know.Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/

The "Who is a Founder?" podcast explores the various aspects of what it means to be a founder in the modern startup world. Jon and Peter debate who deserves the title and who doesn't.They discuss what it means to be a founder and how the role of a founder has evolved over time. They also explore the various characteristics that make a successful founder and share their insights on what it takes to build a successful company.Overall, "Who is a Founder?" provides a valuable resource for anyone interested in entrepreneurship and the challenges faced by those who are building their own companies. With its mix of personal anecdotes and expert interviews, this podcast offers a unique perspective on what it takes to succeed as a founder.Bullet points:"Who is a Founder?" podcast explores what it means to be a founder in the modern business world.The podcast covers various topics such as fundraising, building a team, and managing risk.Hosts Jon and Peter share their own experiences and insights, as well as interview successful founders and industry experts.The podcast emphasizes the importance of resilience, perseverance, mentorship, support networks, and work-life balance for successful founders."Who is a Founder?" offers a unique perspective on the challenges and opportunities faced by entrepreneurs.Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow University Growth FundWebsite: https://www.ugrowthfund.com/LinkedIn: https://www.linkedin.com/company/university-growth-fund/Instagram: https://instagram.com/ugrowthfund

Is Venture Capital a Good job?Peter Harris is an industry veteran with almost 20 years of experience. If you're a student and want to get into VC, interning with Peter could give you a massive leg up. Here's a quick summary:Peter shares his personal experience about the benefits and downsides of the jobPros and Cons of being a partnerSuccession planning and your long-term viability in the industry Is venture capital lucrativeWho is Venture Capital not forFollow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow University Growth FundWebsite: https://www.ugrowthfund.com/LinkedIn: https://www.linkedin.com/company/university-growth-fund/Instagram: https://instagram.com/ugrowthfundFollow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawYoutube: https://youtu.be/spRuy517if0

Here are the potential pros and cons of venture capital for small businesses:Pros:Access to significant funding that can help fuel growth and scale operationsExposure to experienced investors and their networks, which can provide valuable guidance, mentorship, and business connectionsPotential for significant returns on investment for both the company and the investorsCan help attract other investors and partners in the future due to the credibility associated with receiving venture capital fundingCons:Highly competitive process to secure funding, with many companies vying for limited investment dollarsCan involve giving up a significant amount of control and ownership in the company, which can impact decision-making and long-term visionPressure to meet high growth expectations and deliver returns to investors within a relatively short time frameCan be a time-consuming process that distracts from day-to-day operations of the businessWhether venture capital is good for a small business depends on the specific circumstances and goals of the business. Venture capital can be beneficial for small businesses that have high growth potential and require significant funding to scale their operations. However, not all small businesses are a good fit for venture capital. Ultimately, small business owners should carefully consider the potential benefits and drawbacks before pursuing venture capital funding.Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow University Growth FundWebsite: https://www.ugrowthfund.com/LinkedIn: https://www.linkedin.com/company/university-growth-fund/Instagram: https://instagram.com/ugrowthfundFollow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawYoutube: https://youtu.be/spRuy517if0

What is Real Estate Tech 3.0? First, let's talk about the different waves of real-estate tech as discussed in NFX's post called "Real Estate 3.0 -- The Ownership Revolution:Information RevolutionTransaction RevolutionOwnership Revolution (Web 3.0 Could be used to democratize ownership)Real estate has always been the largest asset class in the world, so it's interesting when Real Estate Tech and VC interests converge. This wave is interesting because it may help increase the accessibility of this investment opportunity, which has historically been out of reach of most individuals.It's unique because now if you just have $100 you can now invest in real estate. And not just real estate, but rentals, vacation properties, apartments, etc. Real Estate Tech 3.0 allows us to expand our definition of what we historically viewed as ownership.Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow University Growth FundWebsite: https://www.ugrowthfund.com/LinkedIn: https://www.linkedin.com/company/university-growth-fund/Instagram: https://instagram.com/ugrowthfundFollow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawYoutube: https://youtu.be/spRuy517if0

Are Founders better investors than VCs?Making founders angel investors the way to go? Or due diligence, and chasing deals best to be left with the VCs?Some Points  Covered in This Episode Include:What is in for a founder to do this better than a VC? Peter digs deep and finds the "why" The WIN100 is a community-nominated and peer-selected process of the top 100 venture entrepreneurs in UtahJon Bradshaw was part of the list and mentions how some important names were missedHow important it is to be at networking eventsWhich one is the biggest Utah fund right now? Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow University Growth FundWebsite: https://www.ugrowthfund.com/LinkedIn: https://www.linkedin.com/company/university-growth-fund/Instagram: https://instagram.com/ugrowthfundFollow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawYoutube: https://youtu.be/spRuy517if0

Do you want to know how to start your own fund? In this episode, Peter and Jon talk about their own experiences as first-time fund managers.Join us on this podcast to see what we think!Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow University Growth FundWebsite: https://www.ugrowthfund.com/LinkedIn: https://www.linkedin.com/company/university-growth-fund/Instagram: https://instagram.com/ugrowthfundFollow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawYoutube: https://youtu.be/spRuy517if0

What is generative tech? Well, it's the next thing happening in VC!Some of the most significant changes in venture capital occurred over the last 6 months.AI has allowed us to create high-quality, cheap, and Fast AI models to create images, video, code, music, and other types of models.This is what is called Generative AI. Join us on this podcast to see what we think!Follow Peter HarrisTwitter: https://twitter.com/thevcstudentLinkedIn: https://www.linkedin.com/in/peterharris1Instagram: https://instagram.com/shodanpeteYoutube: https://youtu.be/Hy9DsuFzTH4Follow University Growth FundWebsite: https://www.ugrowthfund.com/LinkedIn: https://www.linkedin.com/company/university-growth-fund/Instagram: https://instagram.com/ugrowthfundFollow Jon BradshawLinkedIn: https://www.linkedin.com/in/mrbradshaw/Instagram: https://www.instagram.com/mrjonbradshaw/Twitter: https://twitter.com/mrjonbradshawYoutube: https://youtu.be/spRuy517if0