Why Inception Investing Beats Traditional Seed with Ed Sim of Boldstart

This week on Turpentine VC, Erik Torenberg interviews Ed Sim, founder of Boldstart Ventures, on growing the firm from a $1 million fund to $800 million in assets, with a focus on early-stage enterprise and AI investments. For full show notes, visit: https://highlightai.com/share/d013957...

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LINKS:

Boldstart Ventures: https://boldstart.vc/
Chris Paik’s The End of Software: https://docs.google.com/document/d/10...

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FOLLOW:

@edsim
@eriktorenberg
@TurpentineVC

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TIMESTAMPS:
(00:00) Intro
(01:01) Boldstart's inception stage focus
(01:59) Evolution of fund size
(03:00) The journey of Boldstart Ventures
(04:26) Navigating the venture capital landscape
(05:27) The importance of being first
(06:48) Challenges and strategies in VC
(13:30) Sponsors: Carta | Oracle
(14:19) The role of AI in venture capital
(24:33) The future of venture capital
(27:24) Stratification in early stage funding
(27:44) The importance of ball control in investments
(28:06) LPs and the changing investment landscape
(28:38) Deciding on jumbo rounds
(30:12) Evaluating potential outcomes
(30:57) The role of repeat entrepreneurs
(32:38) Sponsors: Notion | Squad
(35:02) Challenges in fundraising
(37:09) The impact of the internet bubble
(40:09) Enterprise adoption of cloud and AI
(42:40) The future of AI and enterprise investing
(51:57) Wrap