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Weekly Roundup: Will you accept this deal? š¹
Your April 12 Doriot Weekly Roundup. AI is coming for corporate MBA's everywhere, we examine the importance of community in startup investing, and sharing an update on DVC's review of Offline.
Happy Friday, DVC! This week Bloomberg reported that OpenAI is seeing ātremendous growthā in ChatGPT Enterprise - a corporate version of ChatGPT. Itās a game-changer for AI adoption, as it confirms that robotic answers hallucinating with 50% accuracy are indistinguishable from 90% of human C-Suite interactions.
Itās never been a scarier time to be a Wharton-educated Chief Director of Synergistic Communications.
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Startup Discussion & Weekly Poll:
Last week I was lucky to be featured on the Next Big Thing HQ podcast with the great Connor Fata! Connor is an incredibly thoughtful and well-researched interviewer, and we had a blast covering topics like Doriotās background, perceptions of equity crowdfunding, and the future of retail VC.
Side Note: Connor was very kind to imply in the title that I am currently a āSmart Investorāā¦ when in reality Iām still working towards the āMildly Competentā badge. Doesnāt play as well with the YouTube algorithm thoughā¦.
Thereās one topic Iāve been thinking about since our call: how to build better communities in the equity crowdfunding space. As Connor said, thereās millions being invested on platforms like Wefunder and StartEngine, but itās hard to find the people behind the dollars.
We talked about how r/WallStreetBets, despite its flaws and dopamine-fueled risk taking, is an active community with organization, knowledge sharing, and the power to literally move markets.
That doesnāt seem to exist yet in RegCF.
But it couldā¦ and itās what we aim to build with Doriot.
With your help, we want to create the #1 place for sharing ideas, meeting fellow startup enthusiasts, and putting concepts into real-world action. But perhaps with more focus on ādiversificationā and less on ātaking out a 2nd mortgage to execute a short squeeze on Gamestopā :)
So, we humbly present 2 asks today:
1) If you know anyone whoās startup curious, invite them to subscribe to this newsletter or join the Discord:
Share your link: https://ventureclub.beehiiv.com/subscribe
2) Let us know what content youād like to see:
What newsletter/community content do you want to see more of?Vote and share your thoughts! š¤ |
Last Weekās Results:
Last week we asked if having āno red flagsā automatically makes a startup a āgood dealāā¦ and 66% of you said āNo - itās just a starting point!ā š
In Reality TV terms, the Red Flag Checklist is just Step 1 to see which startups will make it through the rose ceremonyš¹
Step 2 is watching drama unfold in the house (the Wefunder Q&A) to see whoās āhere for the right reasonsā šµļø
Step 3 is telling Jesse Palmer that this is āthe hardest decision of your lifeā before just investing in the one with the most Instagram followers š±
Doriot X The Bachelor(ette) deal diligence framework dropping soonā¦
Vote for New Deals:
Help select DVC's future deals! Please view the options, upvote your favorites, and suggest your own!
New companies suggested this week:
Deal Review #79 Update - Offline:
In case you missed it, this week weāve been looking at Offline - a startup building a monthly subscription service to help customers discover unique local restaurants!
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