Everything Anthony Kaniowski said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Kaniowski: VCs Do Not Know How or Want to Invest in Operating Companies
“So far, what we found out is VCs don't know how to invest in an operating company and don't want to.”
Kaniowski: Venture building uses operational tools and mindsets from private equity
“Venture building is a discipline. Is essentially using similar tools and similar mindsets to PE operators. And there's overlap. The scale is much different, but there's an overlap in how to operationalize and go down to the essence of a decision as fast as pos…”
Kaniowski: Pure SaaS companies were overvalued and AI is lowering their multiples
“My reaction to that dropping valuations is that I have the impression that pure SaaS companies have been overvalued for the past years, and now the AI wave is a reason for them to be valued at lower multiples.”
Kaniowski: Horizontal AI apps like note-takers will be integrated into incumbents
“Horizontally, and this is the most companies we see now, augmented note takers, augmented video editing platforms, I would say, They will be integrated and connected into the established companies anyway.”
New AI models one-shotted several Good Futures startup ideas
“We've seen this firsthand as a few of our ideas have been basically one-shotted by newer models. And basically our building of it doesn't make sense anymore because a new model comes with a sub feature that solves that.”
Kaniowski: AI-Native Strategies Are Supplanting the Hire-Train-Deploy Model
“In essence, the companies will be filling the gaps in the higher train deploy model, which used to be a corporate strategy, which is now being supplanted By AI native strategies.”
Kaniowski: Venture Builders Outperform Standalones via Shared Infrastructure
“So a venture builder is a type of a fund operating company on both. Which is focusing on producing companies in a repeatable fashion, and it is counting on having a higher success rate than launching companies individually, because you're relying on a set of s…”
Kaniowski: US B2B SaaS early adopters take risks European buyers avoid
“My Personal experience has been that it has been relatively easy to be, to find open doors when you are a small ventures and relatively small product looking for early adopters who are Open to some risk, willing to test the waters, willing to give something a …”
Kaniowski: European B2B SaaS founders should target the US early or late
“So I can either recommend it very early on when somebody is still thinking that they're in the stages before they even started doing a go to market and outbound, then it's the best moment for them to shift their mindset and focus solely as a US centric or glob…”
Kaniowski: The final 20% of any startup stage wastes substantial effort
“Usually the last 20% of any stage is an area where a lot of time and effort on both sides is wasted.”
Kaniowski: Good Futures Generates Ideas Internally and Recruits CMU Founders
“In our case, we are doing our own ideas. We're sourcing founders from outside, particularly from Carnegie Mellon University, and we're looking for external capital as well.”
Kaniowski: Typical venture builders come from 10-15 year single-company exits
“Most people come from large exits from one company. That they've been doing for 1015 years, and then they are looking to multiply their capital by building multiple companies at the same time. This is the typical venture building profile that I see”