Founder Collective

Today we are happy to announce that we’ve closed our fourth fund, Founder Collective IV, to continue our mission to build the most aligned VC fund for founders at the seed stage! HT Micah Rosenbloom, David Frankel & Eric Paley https://lnkd.in/dHhs_ik #venturecapital #entrepeneurship #startups #vc #startup #founders #funding #founder #startupsuccess #entrepreneurs

We were honored to welcome Secretary of Economic Development Yvonne Hao and her colleagues from the Massachusetts Governor’s Office to the second annual #CollectiveFuture! Collective Future brings together a diverse group of trailblazers—startup founders from companies like Toast, Wayfair, EZCater, and SimpliSafe, alongside non-profit executives from the Museum of Science, Boston Ballet, Greater Boston YMCA, and Beth Israel Lahey Health. We also welcome Olympic athletes, award-winning journalists, designers, students, and more. However, the presence of state and local government leaders is essential. Their voices ensure that the perspectives of communities often overlooked are part of the conversation and we thank them for adding a unique perspective to the day!

Big week here at Socure — I’m incredibly proud to announce that Socure has been named a Leader in the October 2024 Gartner® Magic Quadrant™ for Identity Verification. This recognition highlights our Document Verification solution, which goes beyond verifying the validity of a presented ID by examining the correlation and risk related to the identity behind the credential — a powerful combination that’s unique to Socure. And one that has become particularly important in combating the mass proliferation of deep fakes. Our solution works by mapping and analyzing a multitude of data points on consumers, leveraging insights from Socure’s rich identity graph, which provides a view of whether the PII on the credential has been used with other identities, or was historically linked to risk. The solution also fuses ◼️ Device and phone ownership information ◼️ Behavioral data, PII, ◼️ Geolocation data with document authenticity analysis, ◼️ Biometric comparison, ◼️ Liveness detection, ◼️ Deepfake detection, ◼️ And barcode fraud analysis – All built in-house. It combats every dimension of a potential attack at once, making it prohibitively expensive, time-consuming, and unattainable for the fraudsters to evade detection – all in less than 2 seconds and with the best-in-class user experience. As I've always said, recognitions like this are a testament to the relentless dedication and innovation of the DocV team. Congrats to all the incredible people at Socure who made this happen. Link to full story: https://heyor.ca/dAKf6Q #Gartner #Money2020 #Identity

Join some of Boston's best founders, operators, and investors for a discussion about AI's present and future. Apply to attend today! #BostonTech #AI #VentureCapital

🎹 Piano 🎻 Cello ✨ Suno Suno isn't just another AI app, it's an entirely new way to make music. Learn more about their partnership with legendary artist Timbaland here! #ProudInvestor Mikey Shulman Martin Camacho Keenan Freyberg Georg Kucsko

📰 It's HLTH Inc. week, so of course taking this opportunity to share some exciting news... We've been working on this one for a long time, but good things come to those who wait. Thrilled to announce an EPIC collaboration with Cleveland Clinic to expand their revolutionary #Medical #Home care model to all digestive health patients. Starting now, every GI patient that is part of Cleveland Clinic's world-renowned Digestive Disease Institute can access multidisciplinary care - from gastroenterology to surgery to nutrition and behavioral health, accessible in person or virtually, FULLY COVERED BY INSURANCE. No more slipping through the cracks. This model has been proven over and over again to have dramatically positive impacts on patient #outcomes and reduce total #cost of care, but has been hard to scale....until now. When I was diagnosed with #IBD 10 years ago, I was frustrated with how siloed GI care was - I had to be the #quarterback of my own care, with less-than-optimal outcomes. I built Ayble Health with a clear mission: we wanted to provide the right #care at the right #time for every patient, every time. This collaboration with Cleveland Clinic is the care I wished had existed when I was #diagnosed and is a massive milestone on Ayble Health's journey. We are thrilled to be replicating this model with other leading health systems and private practices across the country, including at Mayo Clinic. If you'd like to learn how we can do this for you, please reach out to me or anyone at Ayble! There's a massive team behind this initiative that all need a proper thank you, including the entire Ayble Health crew, but in particular wanted to highlight the herculean efforts from the inimitable Stephen Lupe, Psy.D., Miguel Regueiro, Michelle Kang Kim, MD, PhD, Benjamin Cohen, Todd Schwarzinger, Nicholas Migliore, Maria Kieliszek and Gerald J. Wilmink, PhD. Thank you to our unendingly supportive investors Upfront Ventures, M13, Accomplice VC, Founder Collective, Northwestern University, AGLAÉ VENTURES , and DigiTx Partners. Can't wait for the journey ahead. Read more here: https://lnkd.in/em3z83CP

Spent the day with some of the best minds in Boston sharing, dreaming and learning at #collectivefuture. Lots of Ai chatter from many leaders. Tons of disruption ahead with new pricing models, new GTM and huge shifts in the workforce, but what can’t be replaced in the words of Steve Fredette Is ‘cultivating serendipity’. Showing up and building community has never been more important and a huge well done to Eric Paley David Frankel and team @foundercollective for being ‘long Boston’ and investing and reinvesting in community.

"From 2010 to 2020, Latinos accounted for about half of the U.S. population growth, and by 2060, more than 1 in 4 Americans will be Latino." – Sonoro Global Media Corp. Co-founder/CEO Joshua Weinstein in Ad Age, on the rapidly shifting demographics of the US and what it means for businesses! #ProudInvestor

We've been listeners and huge fans since episode #1! Congrats to the best interviewer in the business!

I am often asked by LPs who is the greatest seed investor of our time. The answer is simple: David Frankel Founder Collective ------------------------ Coupang: $46BN market cap SeatGeek: $1BN valuation PillPack: $1BN acquisition Suno: $500M valuation ------------------------ Total: $48.5BN value created ------------------------ My top 7 lessons 👇 1. Has DPI Died in 2024 - Our fund III (2018 vintage) still has no DPI. - Even our smaller hits in Fund I and II have given DPI. - It was a perfect storm of ZIRP & day trading during COVID. 2. Reserves Is the Toughest Aspect of Venture - When we reserve more, I’m worried the market will go crazy. - When we reserve less, I’m worried the companies will need more funding in the future. - It is hard to get it perfect. 3. The Hard Truth About Seed Fund Economics - There is more polarisation than ever before. - You need to have 4-5 good fund returners. - It’s better to sell 4 companies at $250M each than 10 companies at $100M each. 4. Never Sell Your Winners - Uber, Trade Desk & Coupang all returned the fund - I would have never sold a single thing. - You want to be in your winners forever. 5. Casino Capitalist and the Sin of the Era - In 2 companies I invested in, John Curtius @ Tiger wrote a $20M on $80M check after one call. - The boatload of capital was the biggest sin of the last era. 6. How Founders Can Know if an Investment Is Meaningful to a VC - They have to join the board. - A $5M check with a board seat is a better signal than $10M with no board seat. - It shows they are willing to spend time there. 7. Why Failed Founders Tend to Be More Successful Than Super Successful Ones  - Super successful founders come back & think they can conquer anything. - Generally that has not worked out. - Failed founders come back hungrier: They have a chip on their shoulder.