"Europe is not short on talent; it's short on conviction capital. That's the gap we're here to fill." Bastian Larsen emphasized the need for more robust investment in emerging European founders.
Figma announced it will allow existing shareholders to sell nearly double the shares it plans to offer in its IPO, expressing confidence in demand.
The Reindustrialize Summit emphasized the potential for startups and venture capitalists to drive an American manufacturing renaissance, amid a generational challenge with the Chinese Communist Party.
"Today, usage is dominated by these generalist AI systems, such as OpenAI's ChatGPT or Google's Gemini, but we're seeing, starting with specific categories, this move into more specialized apps."
GPx adopts a two-pronged strategy, investing approximately 20% of its capital into funds managed by emerging VCs targeting pre-seed and seed-stage startups, with the remaining capital partnering with emerging managers for later-stage investments.
Slauson & Co. partner Ajay Relan highlighted that despite the bankruptcies in the EV startup sector and challenging regulations facing green energy, they support Slate's mission of providing affordable and customizable trucks.