Introducing the Metal Data Desk. Over the past two years, I've personally spoken with 1,000 founders that were actively raising venture rounds. One consistent theme was the absence of data and insights on the raise process itself. Today, we're changing that. The Metal Data Desk will publish regular insights on venture fundraising — starting with success rates. Only 1 in 7 founders that attempt to raise venture capital successfully close a round. In the below visual, we show how this varies across sectors and stages. @metalraise

No need for any more cold emails!! I am not an investor (so no biases) but am a huge fan of metal.so. It shows founders who's actively investing in your space, at your stage and who is the best to speak to. They have ~170k investors in their database and also map the warm intro path (maybe most important!). This is how fundraising should work.

If I could fund a single company that doesn’t exist right now it would be… Machine Maintenance as a Service $222B/year in the US is spent on machine maintenance or repair. Features would include: - quarterly PMs on machines - full service history with access to service history of other exact machines - predictive from sensors or cameras - instant buy spare parts from online store - operator training module - access to AI chat bot (ik cringe) that knows your machine inside out This would be an incredible bet as robotics scale and maintenance is inevitable. I’d hire the oldest guys with the most amount of tribal knowledge. Every single repair or process would be documented with data points and feed into our system correlated to a specific machine.