The AI-First VC | Ben Orthlieb, Founding Partner, Blue Moon VC скачать в хорошем качестве

The AI-First VC | Ben Orthlieb, Founding Partner, Blue Moon VC

This week on The Data Minute, Peter sits down with Ben Orthlieb, Founding Partner at Blue Moon VC, for a look under the hood of a firm that has completely re-engineered the venture capital process using AI. Ben explains how Blue Moon uses a proprietary tech stack to source over 12,000 teams a year and screen them down to the top 5% based on their probability of graduating to Series B, achieving performance metrics that rival top-tier firms without the massive headcount. He breaks down why the "warm intro" is obsolete, how sending AI-generated dossiers to founders results in a 75% meeting acceptance rate, and why human judgment is still the final decision-maker. They also discuss the "hollowing middle" of the venture market, why multi-billion dollar funds struggle to innovate their own workflows, and how a small check strategy allows Blue Moon to cooperate, rather than compete, with the biggest names in the industry. Subscribe to Carta’s weekly Data Minute newsletter: https://carta.com/subscribe/data-news... Explore interactive startup and VC data, with Carta’s Data Desk: https://carta.com/data-desk/ Chapters 00:00 – Intro: The AI-first VC 01:27 – Blue Moon's thesis: Coverage and Winning 03:11 – How to source 12,000 teams a year without a network 05:40 – "Machine learning instinct": Optimizing for Series B graduation 07:44 – Backtesting the algorithm against top 50 Seed firms 10:12 – The 75% meeting conversion rate (and why cold email works) 12:30 – The "AI Dossier": Showing founders you did the work 14:13 – Finding outliers outside the "Credibility Pool" (The Mercor story) 16:05 – The investment process: Where AI ends and humans begin 18:43 – Does it matter who else is on the cap table? 23:36 – The "Small Check" advantage in winning allocation 25:22 – How to interview for resilience 30:20 – Why personal questions are a competitive advantage 32:31 – Follow-ons, reserves, and systematic secondaries 36:00 – Why haven't big funds copied this strategy yet? 39:54 – The "hollowing middle" of the VC market 44:40 – Why brand is the only defense against noise 49:20 – Do warm intros actually result in better investments? 52:46 – The future of the "Operator-VC" model 56:00 – What LPs really think about an AI-driven fund 59:07 – Outro This presentation contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services, and is for informational purposes only. This presentation is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. © 2025 eShares, Inc., dba Carta, Inc. All rights reserved.