Index Ventures’ Jahanvi Sardana shares the truth about TAM and what founders should focus on instead

Early-stage founders just can’t get away from TAM — the concept of having a total addressable market for their startup to disrupt and conquer. But Index Ventures partner Jahanvi Sardana has a reminder for all those founders worried about finding TAM for their product or service: many startups have emerged from markets that, at the […]

Continue ReadingIndex Ventures’ Jahanvi Sardana shares the truth about TAM and what founders should focus on instead

Betaworks’ third fund closes at $66M to invest in early-stage AI startups

New York City-based Betaworks has closed its $66 million Fund III, which will focus on investing in early-stage AI companies.  Betaworks has been investing in AI since at least 2016 and, through its investment program Camp, has backed companies such as Huggingface and Granola. Jordan Crook, a partner at the firm (and former TechCrunch employee), […]

Continue ReadingBetaworks’ third fund closes at $66M to invest in early-stage AI startups

After raising over $3M, popular VC-backed beauty brand Ami Colé is shuttering

Diarrha N'Diaye-Mbaye, one of the first among the small number of Black women to raise more than $1 million in venture capital, hinted that one of the problems was tension between her and investors' expectations of a consumer retail business.

Continue ReadingAfter raising over $3M, popular VC-backed beauty brand Ami Colé is shuttering

Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

Sarah Smith, founder and managing partner of the eponymous Sarah Smith Fund, announced Thursday the final closing of a $16 million Fund I.  Smith launched her eponymous fund in 2022 and is a solo GP. She said she’s “stunned” by what AI can unlock for firms like hers, solo and next-generation. “I can’t imagine doing […]

Continue ReadingSarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself