Show Notes
About Today's Podcast
Today's guests is Francesco Petricarari of Silicon Roundabout Ventures who primarily invests in Deep Tech and Hard Tech. Francesco is an early stage deep tech VC who shares the importance of founding team, VC founder fit, having the right board member, and a lot more.
Takeaways
- Founder-led funds provide advantages in terms of understanding the challenges faced by founders and offering relevant support.
- Deep tech encompasses companies that focus on technology development rather than just business growth.
- Evaluation of deep tech startups requires a focus on the team, their expertise, and their ability to build a sustainable business.
- The team slide in a pitch deck is crucial as it showcases the founders' strengths and their potential to execute their vision. The team and their unique qualifications are crucial in a startup pitch.
- Key slides in a pitch deck include the team, market opportunity, and technology.
- Deep tech and hardware startups are on the rise due to increased demand for security and climate solutions.
- Moving from prototype to mass production in hardware startups requires building the right supply chains and finding the right advisors.
- AI in deep tech should go beyond current systems and offer unique applications.
Chapters
00:00 Trailer
01:50 Introduction
05:00 What is Deep Tech and why is it exciting?
09:00 How experienced founders help early stage founders in Deep Tech with investing
12:50 Achieving the right VC-Founder Fit (Crucial insights for new founders)
16:36 Why the era of Unicorns has ended
20:50 The 40 Rule's importance and how VCs judge businesses
24:20 Why VCs really like SAAS startups
29:25 Why many companies fail after getting lots of VC money
33:15 Strategies for building a sustainable business in Deep Tech
38:22 What VCs look for in a Pitch Deck for Deep Tech Startups and How He Evaluate
53:21 In-depth analysis of Deep Tech trends and insights
58:50 Challenges that founders of hardware companies need to know about
1:04:40 Strategies for generating innovative Deep Tech ideas
1:08:40 Deep Tech and AI
1:13:00 Ritual Time