Many investors pass on great opportunities because the founder does not look or sound like their training set for a visionary.
There’s an art to sensing subtle signals of obsessive success that are not in the high bravado, alpha lexicon. The outlier opportunities exist here.
Boom Capital is hiring a Chief of Staff. 🚀 This is one of our most important hires. You'll liaise with our in-house scientific society and impact every aspect of a VC firm, serving unprecedented ideas, scientists and engineers. Join and apply here:
So exciting to be a small speck in the cosmos of Rainbow Mansion and the early days of the space ecosystem. Congrats to
@ashleevance
on this 5 years in the making ode to Silicon Valley geniuses and misfits.
As VCs, we love putting things - ppl, companies, technologies - in buckets. But the most interesting things don’t fit in a bucket. It comes out of nowhere and you can’t categorize it or bucket it. Don’t let anyone put you in a bucket! Be bucketless. Defy being bucketable.
Boom came to play. 💪
Wrote our largest check yet to build biosensors from engineered proteins as the next diagnostic frontier.
This is David Baker's 1st diagnostics spinout w/ a superstar team. Hello, Monod Bio!
Very recently I was awakened to an undeniably clear mission in life - will share the specifics of that soon. But my world is no longer about the idea of “positive impact”, but getting to impact as quickly, as focused, and fast as possible. This level of obsessive precision is
@_Carol_Mag
The IP-NFT contains a hash to an enforceable real-world legal contract, such as a Sponsored Research Agreement. SRA contains a clause that enables the contract to be sub-licensed to the IP-NFT holder (in your example, a DAO represented by an Ethereum address) or an agent thereof
One of my favorite aspects of venture capital is the element of magical thinking. You can’t think about the way the world is now, but what the world will become when the founder creates that reality.
A field I see emerging is startups hiring bioethics graduates to steward companies early on. We’re forming a Bioethics Collective to explore this further.
In April I’m taking a few climate funds with me to Europe to meet 3 Sovereign Wealth funds and 6 family offices in each country we visit. Why don’t fund of funds do this for their GPs?!
Designer foods that are planet, climate and health positive are going to hit our shelves this decade. The advances in synthetic biology is dazzling right now.
Yesterday was a historic day in plant biotech: a purple tomato engineered with high antioxidants was approved by
@USDA
@BigPurpleTomato
helps prevent cardiovascular disease and fight cancer in humans.
This approval under new regulation ushers in a new era for plant synbio!
I've got 165 investors backing my syndicate on
@AngelList
and only 5% of them are female. 👉Why are there not more female investors? The question is stale at this point and there's chicken dinners.
Random gratitude tweet dedicated to
@IanRountree
, founder of
@cantos
! He is one of the most generous people I've meet in the VC industry, along with being a ferocious intellect and builder. Everyone who knows and works with him are better for it. Thank you for being my friend!
1/ When I set out on my own to build
#BoomCapital
, I saw some ppl that were not getting funded, that should. These were often under-networked technologists outside of the ecosystem.
@davefontenot
Venture is about picking outliers vs getting consensus. I’ve chatted with
@rrana03_
and agree that conviction and outlier-ship gets diluted by consensus.
It crushes me when I hear a founder give up equity to a law firm for company formation work. The top legal firms will defer all costs until a first close.
The patients can’t wait, nor can the planet. This is our why at Boom Capital. We will do whatever it takes to accelerate the missions of the founders and Collectives we work with.
Biotech world! Who is worldclass at indication prioritization? - the art of figuring out which disease a startup should take on first, and the lynchpin of company building. It’s hard to recover if you don’t get it right.
Raise 💸 announcements can feel anti-climatic but the passion, integrity and work that
@Cantos
puts into the portfolio and ecosystem is planet-positive and worth celebrating! 🥂Cheers to some of the best in the business!
@IanRountree
@ameekapadia
@andrewkirima
Our ML Collective this week is insane. DM me names of researchers or experts that should have the chance to sit next to CTOs of Fortune 10 companies and board members or founders of the category-defining AI companies / nonprofits.
1/ Boom!! Big ups for
@nablabio
and their $11MM seed raise. We've seen this company evolve from day 1 and are blown away by the evolution and vision of
@SurgeBiswas
. He is one world's best in ML + protein design & engineering.
Thesis building is mostly ego and marketing in VC land.
To arrive at the future, you can only understand it retrospectively. Your portfolio informs your thesis only after you have invested. Founders are the only ones that can see it (the future).
Btw because of this study, AT&T decided not to invest into this "toy" technology. Whoops.
The only people that can predict the future are those building it.
I’ve got an idea:
#daoteam6
A startup special ops team. A mini-dao w/ sole purpose to create value for a given company / portfolio co. We’d select 10+ ppl we think could be add immense value to the company. Tokens redeemed as a slice of our investor ownership.
👍🏽 or 👎🏽?
Trying not to meme myself but there's some incredible Chief of Staff talent coming in and I kind of want to create a CoS Collective. I bet this already exists. These ppl really move move the world. 🔥 LMK if anyone else is hiring for CoS as I'll be happy to share candidates post
Boom! 🚀
@nablabio
announces partnerships with 3 of the world-leading pharmaceutical companies. Let’s go, Nabla!! Thank you for the longstanding partnership - congrats on the incredible progress.
#thepatientscantwait
Excited to share
@nablabio
is partnering with 3 of the world’s largest pharma cos to use integrated AI and wet-lab tech to design antibodies against challenging disease targets. Thrilled to also add
@radicalvcfund
who led our $26M Series A to the family!
We’ve invested in some incredible founders we were introduced to at
@SynBioBeta
. Can’t wait to see everyone and meet the next generation of founders. This is the decade when the
#synbio
predictions and promises are made true.
We're just 2 days away from the start of
#SynBioBeta2023
! The excitement is building as we prepare for three days of learning, networking, and collaboration. Don't forget to download the conference app to stay up-to-date on all the latest news and events.
Good founders lead you to good markets. Far too often VCs try to size up a market that does not even exist. It takes imagination and full belief in the founder to see-and be led - to this future.
Excited to see the thesis Boom Capital defined -
#extremebio
- be the first dive on the fantastic new report 👇🏼
Watch out for companies like
@faunabio
@envedabio
in the next year make major headway on
#compbio
Boom! Big round coming in for
@GoToImpulse
@lrocket
Excited to be in the first round with
@foundersfund
and continue to double down on their ascent to become the de facto space transportation system.
We’re nearing 300 RSVPs 👀 for our
#sfdeeptechweek
Unconference in the woods. Our forest can hold 450 so we’re going to blast this to a few clubs at Stanford and Berkeley. 👇🏼 Link below to RSVP and get on the list.
There is an extreme subculture in web3 with it’s own language and anthropology, often intimidating to break in. Boom Capital and
@JocelynnPearl
are going to do more open house / screen-share tours of DAOs to make this more inviting. 👂🪄
We invest in markets that have yet to be created. Ones that entrepreneurs like
@paulkhls
and
@GolatoTyler
imagine, then doggedly create.
@Molecule_dao
will be a category defining company changing how we find cures to diseases. Big pharma will not be the bottleneck. 👇🏼
I'm humbled, in awe, and excited to announce
@Molecule_dao
raised a $12.7m seed round led by
@NPV_vc
to build the future of
#DeSci
and biotech
Grateful to my love Laura, my Co-Founder
@GolatoTyler
, our entire team, and the
@vita_dao
community
And to our visionary backers!
We're thrilled to announce our new GPx program empowering great investors to become great fund managers.
We're doing this through video content modules taught by world-class leaders from the venture capital ecosystem.
It's now open-source, check it out 👇🏾
Our base population for Ladyland has been spawned. Tomorrow we take to the sea 🌊 for a 24 hour expedition 🗺 with some of the top females in frontier technology.
Excited to team up with
@Ventures_Future
to assemble this crew.
1st concrete example I’m seeing that world building is the new form of community building.
This is awesome to see
@Lux_Capital
pioneering here. Boom is getting into this category as well. Any challenging form factor for the brightest minds to cross pollinate is the magic.
Here's the video intro for our first riskgaming scenario at Lux, Hampton at the Cross-Roads. Thanks to the inimitable
@CGates123
for his production work here.
#BoomCapital
is really dialing in 2 value drivers for the portfolio: 1) helping the majority of our portfolio co’s close the first institutional financing raise and 2) helping our biotech portfolio cos close their first pharma partnership
@sriramk
Learning “deal talk” - the one liner terms that show you know what you’re doing and are an insider. I wish there was an anthropologist that studied VCs.
Just returning from
#climatetour
Europe. We met 30+ allocators and exchanged notes on frontier tech, climate and finance. Will share takeaways soon. Learned so much & grateful for the hospitality and exchange. Loved meeting top EU funds like
@palebluedotvc
@atomico
! 🙏🏽
@chrissyfarr
New hack: ordering a side of veggies as soon as we sit down at a restaurant and having them placed in front of the kids first. Also growing a garden and they love just picking and eating fresh veggies from the vine that they’d never eat on a plate.
Third time this week I’ve heard the benefit of imposter syndrome is humility.
My response: 🥸 🔥🙏🏽🤔😎
You don’t have to win the argument to win the game.
@minal_hasan
Governance is a frontier in AI. We need governance nerds to consider the hierarchies of AIs talking, working and acting together. Designing these
#societiesofmind
will be one of the most exciting opportunities of the decade.
@zebulgar
💯 It’s too easy to move onto the next thing when it gets hard. That obsessive, dedicate-your-life’s-work dedication + what many see as delusion is the DNA of mission driven founders.
My craziest idea is to make Boom 🔮 a ten year running game that ppl don’t even know that they’re playing. 💫🌍
I’m interviewing game designers now. 🖤
Who do I have to work with? 🧩⚡️
@SteelyEyedBrian
So much of being a founder or in venture is managing your psychology. Sometimes you need to clean the slate.
1. Take a mental health day and don’t do anything related to work. Be inefficient. Drive 45 minutes for a fave meal. Take a walk with a friend. Call fam.
Met a biz hero of mine.
@CathieDWood
was the most brilliant, warm, unconventional visionary. You can’t be what you can’t see and Cathie pulls you in. Her team as much so. 🙌🏼
Grateful to have spent time with her thanks to
@IanRountree
and friends.
We're doing a Lady Scientist nerd out downtown Palo Alto this afternoon at 3pm. We will pretend we're in Milan and talk about ancient science + futurism. DM if you'd like to join. This is inspired by
@JocelynnPearl
@LadyScientistP1
Congrats
@afederation
,
@lkpino
and team
@talusbio
!
Talus (YC S21) enables the discovery of compounds that affect transcription factors — key proteins that interact with DNA and turn genes on/off — many of which are implicated in cancer and other diseases:
Starting to help founders add other founders to their cap table early on. If you write small checks and are a founder, especially in techbio, DM or email me.
5/ Side note! I wish there were some perfect word for that moment of arrival. When the future the entrepreneurs created arrives. I'm feeling that moment today! It's likely a Brazilian word. 🦋
Generative AI x rare disease is the perfect showcase of AI. 🧬✨The data scarcity problem (inherently such small patient populations) will be overcome with synthetic data (creating patient cohorts, designing custom drug combinations etc.). Also excited to see patient or
Hot take: we do not invest in founders with side hustles. I uphold the same principle and have no side hustles.
Mission-driven founders are singularly, obsessively focused. Nothing can distract them.