The venture capital landscape is undergoing a transformation, with a shift from the lean startup model to deep tech startups. Industry experts suggest that the era of lean startups, which thrived on rapid iteration and software distribution to achieve product-market fit, is coming to an end. Deep tech is emerging as a more substantial opportunity, characterized by research-oriented development and longer R&D periods. This transition indicates a cyclical relationship between financial and production capital, where deep tech companies are expected to rely more on technical feedback rather than market feedback during their development processes. Notable venture capitalists, including Adam Draper and Boost VC, are being highlighted as potential sources of funding for deep tech founders.
Great one from @matthewjmandel. The frontiers are increasingly (and once again) research-oriented, where opportunities involve meaningful periods of R&D. The relationship between financial and production capital is cyclical and the former typically precedes the latter. https://t.co/NB8B7NbxYt
YES. Great post from USV's Matt Mandel on why "the deep tech winter is thawing." Loved this distinction too: "Lean startups iterate with market feedback, deep tech companies iterate with technical feedback." https://t.co/eg6n1A76ay
“The era of lean startups producing tons of outlier returns by exploiting the ease of distributing and iterating on software to find product-market fit seems to be closing.” 🙈🤌🔥🔥 https://t.co/hIWCG2C1Qo