📶 How NEA is training its AI models

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Good morning 👋

And Happy Wednesday.

Another slow news day (outside of politics), so let’s dive into how one of the top venture funds is training their internal AI models.

Let’s jump right into it.

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TL;DR:

• 📰 News

• 🔗 Links

• 🐥 Tweet

• 💰 Funds

• 📶 Recs

• 🗳 Poll

HEADLINES
How NEA is training its AI 💪

• NEA Is Powering Its AI Future With Old Spreadsheets, PowerPoint Slides and PDFs (WSJ)

• What GPs and LPs say to each other behind closed doors (Fortune)

• Legal tech Clio raises $900M at a $3B valuation, plans to double down on AI and fintech (TechCrunch)

• AI VCs Go Green (The Information)

• Posh raises $22M to become TikTok for small events (TechCrunch)

• 3 charts explain Iconiq Growth’s record-breaking $5.75B fund (Pitchbook)

• Venture debt: How to evaluate leadership teams (Venture Capital Journal)

• North America’s Lead Widens In Ranking Of Startup Funding By Continent (Crunchbase)

• War and rising nationalism is expected to spur a venture capital boom in a one-time Silicon Valley ‘taboo’ sector: defense tech (Fortune)

LINKS

🔮 10 Predictions About the Future of VC: Data-driven VC zooms out to look at the major trends and predictions for VC

🏋️ The Impact of Founder Personalities on Company Success: The VC Corner shares the key takeaways, findings and insights from a study of the 6 distinct types of “founder-type” personalities on company success

😎 The AI Summer: Huge awareness and interest but limited use so far.

🥶 The VR Winter Continues: Ben Evans says the devices aren’t good enough or cheap enough and will enough people care?

⌖ How Movements Make Radical Change Real: Mike Maples of Pattern Breakers, explores 5 considerations in positioning your startup as a movement to make radical change

🔄 What Counts As A Customer?: How tech companies decide what gets included in their customer metrics

📋 Ultimate VC Resource Library: 350+ resources to help you become a more effective VC investor

TWEET

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FUNDS

P.S. 👉 If you’re looking to get a new VC job … 

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RECS

• The Early: A new place for junior VC resources and content

• Big Desk Energy: Startup insights, stories, and vibes sent to your inbox every Tuesday.

• Strategy Breakdowns:  By far the best newsletter we’ve found to learn big tech strategy.

POLL

Thanks for reading this far and giving us a little bit of your attention this week.

Feel free to unsubscribe whenever this stops becoming valuable to you.

- Clay

RESULTS

Here are the results from our poll question in yesterday’s piece:

How often do you play video games?

🟨🟨🟨⬜️⬜️⬜️ Never (7)

🟨🟨🟨🟨⬜️⬜️ 1-2 hours per week (9)

🟩🟩🟩🟩🟩🟩 2-10 hours per week (13)

🟨🟨🟨⬜️⬜️⬜️ Every day (6)

35 Votes