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.com Itamar Novick on LinkedIn - https://www.linkedin.com/in/itamarnovick Itamar's blog - https://www.itamarnovick.com/ Recursive Ventures website - https://www.recursiveventures.com/ 🎙️ Hosted by Prashant Choubey Follow Prashant on X - https://x.com/ChoubeySahab Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab In 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 more Timestamps: (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 investment For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com Subscribe to VC10X on Youtube, Spotify, Apple Podcasts.