Theory Ventures

“We have about 200 buyers that we call theorists around the firm, and we asked them, what is the biggest adoption, adoption blocker to AI? And about a year ago it was security, but today it's cost.”

“We look for three things when we invest in software companies. We look for toil, lots of repetitive, really boring work. The second thing we look for is a labor market that cannot supply enough people to do that work. There aren't enough graduates or people wh…”

“We haven't deployed fund one fully. It means that we have commitments from investors that when we will start to raise funds too, that the money will be there.”

“We store it all in very simple text files. And the whole idea is that AI is really good at processing raw text. So we store it all in text files and we build systems on top.”

“There are three of us on the investing team, and then the remainder work on what we call the intelligence team, which is a research part of the firm, and we build small, very concentrated portfolios, about 15 companies per fund”

“Every software company, every product that will be built for a user that's That on a computer will have data as its fundamental building blocks, and so we invest in data systems, databases, visualization. We invest in AI, both at the infrastructure and the app…”

“We were lucky enough to be the second largest investor at the time, and that's a fifty billion dollar market cap crypto project today.”