Lobby Capital

We are excited to announce today that we released a major update to our award-winning app, Remix AI. Remix is the AI app for creating and connecting with friends. Since our beta launch 8 months ago, over 20 million creations have been made. With this new release, you can create from ideas, prompts, and now - your camera. Introducing the Magic Camera, a mobile-first, camera-first, and completely fun way to snap, prompt, and create AI Selfies. Now you can Remix yourself – with AI. Your imagination is the limit. Our latest release is packed with features that unleash the fun with friends. After making your AI selfie, you can share it with your friends with our new multiplayer Group sessions! It's group chat meets Remix. Invite your friends and family to laugh and create fun AI selfies and AI creations together. What makes Group sessions new and different is the ability to collaborate with others. We have developed a conversational-based user experience, similar to other AI chat applications, but now users can chat and create in multiplayer session rooms. A playground for your imagination. Our technology platform now includes 20 diffusion models, and a specially-trained LLM that chooses the right model for the best output, based on real-time analysis of the user prompt. Remix AI also provides users with several powerful tools such as text overlay, in-painting and facemix, to allow creators a range of creative options for memes, cards, or just fun with friends. We also included DALL-E 3 and SD3 as model choices, available to our Remix Pro premium subscribers. Now you can experiment with more choices for your creations than ever before Create, share, and remix! After creating, users can post their images and videos to Remix’s discovery feed, follow others, like their creations, learn how to create, and engage with a growing and passionate community around AI art. Get inspired by a community of enthusiasts! Remix AI is a new type of consumer app in a moment when generative AI is rapidly advancing and expanding to 7 billion mobile phone users. Major shifts in technology, such as the adoption of the internet, mobile, and machine learning, have created new types of media, consumption, and platforms. There is no home for generative AI image and video, and the most popular AI platforms do not have social, multi-player, or mobile experiences for users to collaborate and share what they are creating with each other. So download and check out the brand new Remix -  the award-winning mobile app on iOS and Android for creating and connecting with friends. If you can imagine it, you can make it. Come join us!

We’ve officially launched the Vantage Discovery platform, an AI-native search platform that brings the power of AI search to brand and retailer's digital storefronts. With Jony Ive, Biz Stone, and Evan Sharp, and many other incredibly talented investors, advisors, and team members onboard, brands and retailers can now enable the semantic search and discovery experiences to deliver the most personalized and targeted results to customers across millions of items in milliseconds. Better yet, they can do this all without bringing on specialized AI teams or building search from scratch. Our shared long-term vision has been making AI-native search accessible for every organization - which up until now, has been an extremely steep learning curve and required significant investment in technology that is far outside their core business. Not anymore. Read more on our blog post: https://lnkd.in/gf2GJ2qC

💸 The transition of successful early 2010s founders to investors has undeniably enriched Silicon Valley's venture scene with unique insights, but there's an aspect of their impact that often goes unnoticed. 🤨 It's not only their ability to see through the BS because they've lived through it, but their genuine desire to give back and pay it forward. 🤝 The ones who come to invest after tasting success are in it for the long game, aiming to embed a culture of support and mentorship even further into the fabric of the venture & founder community. 🌹 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐭𝐡𝐞 𝐭𝐫𝐮𝐞 𝐛𝐞𝐚𝐮𝐭𝐲 𝐨𝐟 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐭𝐮𝐫𝐧𝐞𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬. This week, I sat down with Collin Wallace, Partner at Lobby Capital, who stands as a prime example. Prior to investing, he was the founder of FanGo (Techstars S10), which was acquired by Grubhub in 2011 where he led innovation and was responsible for a significant portion of GrubHub’s pre-IPO patent portfolio, later co-founded ZeroStorefront (Y Combinator W19), a data analytics platform for restaurants, acquired by Thanx in 2022. Watch the full video here 👉  https://lnkd.in/gHBjNT5Y Listen on Spotify here 👉 https://lnkd.in/gcwEPaes 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: 🔑 𝐑𝐞𝐝𝐞𝐟𝐢𝐧𝐢𝐧𝐠 𝐕𝐚𝐥𝐮𝐞 𝐂𝐫𝐞𝐚𝐭𝐢𝐨𝐧: Collin shares how a customer-centric approach leads to significant growth, sharing real-world examples that highlight its advantages over traditional models. 🔑 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞: He challenges the notion of the "exceptional individual" as the ideal entrepreneur, emphasizing the pitfalls of vague ambitions and the critical importance of precise, customer-aligned objectives. 🔑 𝐒𝐞𝐫𝐯𝐚𝐧𝐭 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩: Drawing from personal philosophy and experience, Collin champions servant leadership as the key to fostering a committed, successful team environment, underlining the profound impact of prioritizing collective goals over individual aspirations. 🔑 𝐓𝐡𝐞 𝐅𝐨𝐮𝐧𝐝𝐞𝐫'𝐬 𝐂𝐨𝐦𝐩𝐚𝐬𝐬: Highlighting essential founder traits of integrity, vision, and adaptability, Collin offers actionable advice for standing out in the startup world. #founderjourney #vcinsights #IPO #entrepreneurmindset #investorinsights

Executive Summary: Forging and Building Military Veteran Startups 1/ The teams at Context VC & The Military Veteran are excited to host and bring together hundreds of military veteran (& spouse) founders, operators, and investors today and tomorrow. There will be over 400+ attendees including many civilian allies. 🙏 I'm immensely grateful for our teams for helping organize this event🙏. We hope all attendees have a fantastic time the next 48hrs. 2/ This event is meant to empower military veteran and spouse founders. This is an incredible community and we are grateful to be part of it. 3/ We look forward to the insights & experiences that these speakers will be sharing with us on day 1 of our conference: ⚡ Tom Davin of Black Rifle Coffee Company ⚡ Blake Hall of ID.me ⚡ Andrew Kinard of In-Q-Tel ⚡ Timothy Young of Eniac Ventures ⚡ David Hornik of Lobby Capital ⚡ Tilli Kalisky-Bannett of SVB Capital ⚡ Henry Ward ⚡ Paul Kwan ⚡ Larsen Jensen ⚡ "IRON" Mike Steadman 🥊🏴☠️ and so many other fantastic founders and investors. 3/ We are immensely thankful & grateful for all of our sponsors for helping make this event happen: JPMorgan Chase & Co., Cooley LLP, Wells Fargo, Gunderson Dettmer, Second Front Systems, USAA, GOVX, Greenberg Traurig, LLP, Over Easy, Citizens, & Fire Department Coffee!

Envision yourself five years in the future: What decisions would you make today for a thriving tomorrow? For our latest episode of “The Fabric” I had the pleasure of talking with Michael Dougherty, the CEO and co-founder of RemixAI (one of Lobby’s portfolio companies) . We delve into his transformative mindset, exploring the power of proactive choices and self-reflection for personal and professional growth. Don't miss these game-changing insights!  #Leadership #Entrepreneurship #FutureThinking #Podcast #venturecapital #startupfounder   https://lnkd.in/g8yw_BnF    

On the left entrepreneur and investor Collin Wallace of Lobby Capital On the right entrepreneur and investor yours truly. We had a wonderful dialogue in Napa to a group of black and brown entrepreneurs from all over the country about Venture Capital. What is it? Why does it exist? What is the goal of it for LPs, VCs and the entrepreneurs? What do VCs mean when they ask XYZ? What do VCs think about and actually say when you leave the room/Zoom? How do you meet an investors expectation? Is that even the goal? What drives the best VC backed entrepreneurs? How does a Money Mindset play into this? How do Silicon Valley investors differ from other regions? Is VC for everyone? Obviously not!!! And much more. Shoutout to David Hornik a very dope dude. And all the wonderful entrepreneurs, VCs, venture lawyers from Perkins Coie LLP & Silicon Valley Bank bankers 🏦 Selling capital vs Selling equity. Who’s selling who? Ad Astra ✨

🎙️ Just Released: The next Fabric Podcast Episode!   Thrilled to share our latest episode featuring Sina Afrooze, CEO of AperaAI. His journey from Iran to Canada, and his path into the tech world showcases the power of resilience and innovation. We discuss his career path, beginning with his studies in Iran and Simon Fraser University in Vancouver, then his career path as one of the first engineers at Avigilon, a security systems startup that was acquired by Motorola Systems for $1.5 billion in May 20118, followed by a stint at AMZN, and his latest endeavor - Apera.AI which he co-founded and leads as its CEO. Sina's story is a masterclass on embracing risk and aligning passion with purpose. Tune in for an inspiring tale of success against all odds.   #TheFabricPodcast #Leadership #Entrepreneurship #TechInnovation #AperaAI   https://lnkd.in/gupRgMdv  

A few months ago, I had the opportunity to co-host the @Lobby Elevate: Female Founder conference in Sonoma, CA to help close the funding gap for female founders and now it's time for the next chapter… 🍷 It was such an amazing opportunity to pair up 55 female founders with 45 venture capitalists to help them significantly increase the chances of raising series-A financing and beyond. 💸 The event included founders like Angela Edwards, Alice M., ✨Susie Jaramillo, Mary Lou Jepsen, and Cindy Blanco Ochoa. Plus investors like Dick Costolo, David Hornik, Sara Thomas Deshpande, Alison Rosenthal (She / Her), Charles Hudson, Amy Cheetham, Joanna Drake, Stacy Brown-Philpot, Lauren Kolodny, and so many more. No nonsense. No BS. Just candid honest feedback in a safe and supportive environment. It was an amazing success, that we are partnering with Miriam Rivera (Ulu Ventures) and Monique Woodard (Cake Ventures) to do the same thing for Founders of Color this January. If you or a founder you know are interested in participating, please apply or forward this invite. One founder at a time, we can bridge the funding gap. 💪🏾 https://lnkd.in/gTqunSKX #Techstars #Ycombinator #foundersofcolor #venturecapital