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Ryan Caldbeck @ryan_caldbeck
, 3 tweets, 1 min read Read on Twitter
1/ Love that you’re covering it @alexrkonrad. I don’t know much about the tech but I like the concept a lot. The $10m per yr spend doesn’t shock me given magnitude of problem.
2/ I’m seeing more and more data driven VCs. 9 out of 10 have one outsourced engineer and nothing more – meaning it is basically marketing for LPs. In this case my perception, and these numbers seem to back it up, is that they are investing into building something real
3/ In particular I like how they are focused on trying to use tech to help the companies post close. Critical in tech given how many sources of capital exist.
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