The Ledger

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Disclosure
David Sacks: Craft Ventures spends 70% to 80% of time on AI
“In terms of looking for new ideas, I think the team is spending 70 to 80% of their time looking at AI.”
David Sacks Sep 13, 2023 ▶ 1:10 What the Future of SaaS Holds with David Sacks, Founder & General Partner, Craft Ventures
Disclosure
David Sacks: Craft has written only one or two Series A checks
“We've only made, I'd say, a couple of, you know, well, we've made a few seed investments. Seed checks are a lot easier to write right now. I think we've only written one or two, you could call them, like, series A type checks.”
David Sacks Sep 13, 2023 ▶ 5:10 What the Future of SaaS Holds with David Sacks, Founder & General Partner, Craft Ventures
Disclosure
David Sacks: Craft Ventures reaches $3.3B in assets under management
“We're at 3.3 billion.”
David Sacks Sep 13, 2023 ▶ 0:30 What the Future of SaaS Holds with David Sacks, Founder & General Partner, Craft Ventures
Disclosure
David Sacks: Half of Craft Ventures' $3.3B AUM remains undeployed
“Half of that is in new funds that we haven't deployed yet, so.”
David Sacks Sep 13, 2023 ▶ 0:38 What the Future of SaaS Holds with David Sacks, Founder & General Partner, Craft Ventures
Disclosure
Sacks: Craft Ventures Series A startups typically have 10 to 20 employees
“Most of the companies, when we, you know, write a Series A term sheet, they're in the, I'd say, 10 to 20 employee range. And they're looking to sort of roughly double, you know, in size over the next, say, six months.”
David Sacks Oct 29, 2021 ▶ 0:54 The SaaS Org Chart by Series with David Sacks, Co-founder and General Partner at Craft Ventures
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