Mistral Venture Partners

“It's probably 20 or 30,000 dollars on investor side and company side to prepare those docs.”

“So our view is that it's nearly impossible to pick winners at the seed stage. There's a lot of memory, I guess you'd say, and hard won battles that, that help guide our decision. But at the end of the day, We are humble enough to know that it's impossible to p…”

“I think it's probably wrong to assume that you're going to get a secondary at the seed stage every once in a while at a series A or series B, typically a series B. And I think it's prudent for an entrepreneur to take some cash off the table. Generally, you kno…”

“What we do is we invest upside down. So we invest a small amount at the pre-seed stage and work very, very hard with our entrepreneurs to get to a series A. And at the series A, we invest significantly more than we did at the seed stage.”

“AI is not a sector. AI is math. AI is an algorithm that's enabled by very fast processors with new ways of thinking about how to analyze big sets of data and now smaller and smaller sets. But AI in and of itself is not that useful. But AI combined with a subje…”

“Especially in, in a tier two market like Canada, if you will, as opposed to Silicon Valley, you know, there's less unicorns born here. So we are looking for the solid, but mid hundreds of millions of dollars exit as opposed to the billion dollar unicorns.”