Itamar Novick is a solo capitalist and the founder of Recursive Ventures, a pre-seed & seed fund focused on fintech, AI and emerging tech startups. Itamar has been on all sides of the startup table: as a founder and executive, an institutional VC, and an angel investor. He has supported over 50 successful startups, including Deel, HoneyBook, Placer, Credible among others.

⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com

Itamar Novick on LinkedIn - https://www.linkedin.com/in/itamarnovick

Itamar's blog - https://www.itamarnovick.com/

Recursive Ventures website - https://www.recursiveventures.com/

🎙️ Hosted by Prashant Choubey

Follow Prashant on X - https://x.com/ChoubeySahab

Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab

In this episode we talk about -

- What does it mean to be a solo-capitalist?

- His learnings from Life360 and Gigya

- How AI is enabling him to 10x himself

- The one man unicorn made possible with AI

- His biggest learning investing in startups over the years

& lots more

Timestamps:

(00:00) Introduction

(02:22) Itamar's story of becoming a solo capitalist

(04:08) Difference between solo GP and solo capitalist model

(05:07) Story of investing life savings in Life360

(07:28) Initial journey at Life360 and role in the company

(09:36) How operational experience shaped investing philosophy

(12:01) Investment decision-making process at pre-seed stage

(14:50) Exciting themes and sectors for investment

(17:12) Thoughts on AI models potentially replacing application layer startups

(20:35) Patterns of startup success and anti-patterns

(23:41) Using AI to enhance VC processes and decision-making

(27:52) Current market perspective - "have and have-nots

(29:58) Approach to valuation and investment in AI startups

(32:01) Investment instruments - SAFEs vs priced rounds

(34:38) Biggest learning from investing in startups - founder grit and determination

(36:47) Rapid fire round begins - sectors and regions of investment

For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com

Subscribe to VC10X on Youtube, Spotify, Apple Podcasts.

VC10X - A Solo-Capitalist's Journey in AI & Venture - Itamar Novick, Founder, Recursive Ventures

VC10X - Startups, GTM, Investing, Venture Capital, Asset Management, Private Equity, Family Office