Upfront Ventures reposted this
Had the pleasure of having Mark Suster of Upfront Ventures on the Sourcery pod this week! We discuss: - VC Exit Lockup, Are IPOs Over? - Investing in CapEx Heavy Businesses - Declining Demographics & The Demand For Robotics & AI - Deglobalization & National Defense And of course, some thought-provoking summer book recommendations 🎧 Full Episode Below (subscribe)
Congrats are in order for Kesar Varma from our investment team, who has just been promoted to Principal! Kesar has been with us at Upfront since 2021, working closely with our partners, portfolio companies, and the larger VC/tech community. If you haven't had a chance to meet him or you work in the digital health / gaming tooling space, be sure to reach out to him! And help us congratulate him today on this well-deserved milestone 🎉
New portfolio alert 🔔 Congratulations to Daytona on their latest $5M seed round! The entire team, including co-founders Ivan Burazin, Vedran Jukic, and Goran Draganić are making it easy to streamline development environments for developers all over the world. CEO Ivan Burazin says, “Setting up a dev environment can feel like starting a car in the 1900s—engaging the handbrake, adjusting the fuel valve, mixture control, spark advance, choke, and throttle, turning the ignition, and often running into issues. With Daytona, it’s like starting a car in 2024: any driver can just push a button and go. Enabling developers to focus on what truly matters—writing code and building innovative solutions” With their recent open-source launch, both enterprises AND individual developers can now enjoy using Daytona to simplify their development environments. We're excited to be on this journey with you! To learn more and why we're big fans of the team, check out Upfront Partner Kevin Zhang and Investor Peter Zakin's blog post here:
Investor - Sourcery - LA
2wLink to episode with full show notes + book recommendations: https://www.sourcery.vc/p/mark-suster-upfront-ventures-investing