NFX is reallocating resources from its product and software teams to enhance its investment team, which will see a 20% increase in size.
To achieve similar results with fewer employees, NFX pivoted to using AI for evaluating companies instead of relying solely on its engineering team.
NFX has promoted several team members recently as part of this adjustment, aiming to maintain and potentially expand their total workforce.
The firm continues to focus on investing in diverse sectors, demonstrating a commitment to adapt and grow within the venture capital landscape.
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