> "If I had a wish to materialize an ideal VC firm, it would be a place with both business types and highly skilled engineers who are on top of their skills and continue to build things."
idealab is somewhat like this. they cycle in engineers to work on an itch for a limited time on salary, then go through an internal round of fundraising (pitch idealab itself for seed money), then seek external rounds if there is traction.
branch[0] is a company that successfully launched from idealab this way. they started as a shift-swapping chat app for hourly workers and have branched (haha) into payments now.
idealab is somewhat like this. they cycle in engineers to work on an itch for a limited time on salary, then go through an internal round of fundraising (pitch idealab itself for seed money), then seek external rounds if there is traction.
branch[0] is a company that successfully launched from idealab this way. they started as a shift-swapping chat app for hourly workers and have branched (haha) into payments now.
[0]: https://www.branchapp.com/