VC10X - A Solo-Capitalist's Journey in AI & Venture - Itamar Novick, Founder, Recursive Ventures

Itamar Novick is a solo capitalist and the founder of Recursive Ventures, a pre-seed & seed fund focused on fintech, AI and emerging tech startups. Itamar has been on all sides of the startup table: as a founder and executive, an institutional VC, and an angel investor. He has supported over 50 successful startups, including Deel, HoneyBook, Placer, Credible among others.⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.comItamar Novick on LinkedIn - https://www.linkedin.com/in/itamarnovickItamar's blog - https://www.itamarnovick.com/Recursive Ventures website - https://www.recursiveventures.com/🎙️ Hosted by Prashant ChoubeyFollow Prashant on X - https://x.com/ChoubeySahabFollow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahabIn this episode we talk about -- What does it mean to be a solo-capitalist?- His learnings from Life360 and Gigya- How AI is enabling him to 10x himself - The one man unicorn made possible with AI- His biggest learning investing in startups over the years& lots moreTimestamps:(00:00) Introduction(02:22) Itamar's story of becoming a solo capitalist(04:08) Difference between solo GP and solo capitalist model(05:07) Story of investing life savings in Life360(07:28) Initial journey at Life360 and role in the company(09:36) How operational experience shaped investing philosophy(12:01) Investment decision-making process at pre-seed stage(14:50) Exciting themes and sectors for investment(17:12) Thoughts on AI models potentially replacing application layer startups(20:35) Patterns of startup success and anti-patterns(23:41) Using AI to enhance VC processes and decision-making(27:52) Current market perspective - "have and have-nots(29:58) Approach to valuation and investment in AI startups(32:01) Investment instruments - SAFEs vs priced rounds(34:38) Biggest learning from investing in startups - founder grit and determination(36:47) Rapid fire round begins - sectors and regions of investmentFor sponsorship or guest appearance requests, write to [email protected] to VC10X on Youtube, Spotify, Apple Podcasts.