541 Ventures invests as a lead in frontier tech startups, predominantly in their seed round. As frontier tech is a fairly novel concept in many of the ecosystems we’re focused on to find extraordinary founders from, we’ve received tons of questions since our launch on July 5th about what we mean by frontier technology and what kind of companies we’re looking for to partner with. One thing about 541 Ventures is that it’s always fully WYSIWYG (What You See Is What You Get) and I’d like to take this opportunity to answer the questions and be transparent about the spaces we’re super exited about. So without further ado, here we go!
* Note: I invest in seed/pre-seed-stage frontier tech companies and this blog post is to some extent biased toward such thesis.
As a founder, you must have heard the word pain-point so many times. And I do think it’s a very important word – as sailors say, “without knowing where you’re headed there’s no favorable wind.” The downside, however, is that I think the mighty word can be dangerously misleading.