All Things Angel Investing #10
GPT-3, Zach Coelius with a new fund & social commerce as a new trend
Technology inflection points are always super exciting as they afford both a glimpse into the future and hopefully inspire the best founders to step forward and solve major problems using new approaches and tooling. OpenAI’s GPT-3 looks fascinating and perhaps will usher in a new era. Here’s to hoping we aren’t overrun by robot intelligence anytime soon and for the opportunity to partner with those willing to experiment and tinker.
Being Talked About:
Congrats to Zach Coelius on the new $45m fund! (WSJ)
OnDeck launches a paid program for 'training' angel investors (Slack)
AngelList profiled member Sajid Rahman!
Discussion of AngelList’s Rolling Funds (Slack)
Check It Out:
Share: TechCrunch published a directory of first check VCs (Shout-out to Gyan!)
Join: SVB hosting a webinar for fintech investors on July 21st
Read: Primary Venture Partners released its NYC Q2 Seed ‘State of the Union’
Consider: Nikhil Basu Trivedi on the rise of individuals competing with VC funds
Trends:
Trying something new and highlighting an area smart folks are paying attention to. In this case — Social commerce — perhaps the next evolution of D2C. Check out Allison’s Tweet thread below and also listen to the recent Acquired podcast on China’s Pinduoduo.
Deal Highlights:
Lots of interesting stuff: One Medical for the $40B+ aesthetics market, remote patient monitoring for seniors, Pinterest for India (backed by Sequoia), an AI-driven instant expert platform, A big data curation platform for (AI) and cannabis technology for dispensary operations (see Slack)
Parting Thought:
Find this email interesting or valuable? Please refer us to angel friends.
Feedback? Suggestion to share next time? hello@intangiblevc.com