Why We Invest in Teams: From Hype to You Too
Why great venture investments start with teams, not products. Using U2’s early years, we show why early-stage VCs back people who can evolve, pivot, and compound long before the product is finished.
Perspectives and announcements from PWV, our founders and community.
Why great venture investments start with teams, not products. Using U2’s early years, we show why early-stage VCs back people who can evolve, pivot, and compound long before the product is finished.
By PWV Team
From founder conversations and private salons to portfolio milestones and community announcements, PWV spent the year doing what we believe matters most early on: staying close to builders, tracking early signals, and creating space for community and connection.
AI investing isn’t Lazlo’s Real Genius sweepstakes machine. VC isn’t closed, founders choose, and even infinite capital can’t guarantee outcomes. The real genius of AI investing is judgment, timing, and knowing when not to invest.
Inspired by the Get Back documentary: why investing means being truly invested: giving founders space to create, stepping in at the right moments, and building alongside people who turn ideas into lasting products.
PWV is raising a venture fund to invest in today's most exciting early-stage software- and AI-driven companies.
A PWV gathering featuring candid conversations with founders and investors including Topher Conway, Mary D'Onofrio, David Price, Scott Johnston, Johannes Landgraf, and Tom Preston-Werner. They discussed funding, setbacks, operational realities, and the key lesson: address your metaphorical junk drawer early.
Investing in Inngest was my first opportunity at PWV, and it highlighted how far developer experience for jobs and queues has come—from brittle Sidekiq runners and missing JAMstack features to elegant, one-line functions. Just as Inngest orchestrates async tasks, venture capital orchestrates deal flow: success depends on queuing the right work, trusting the system, and watching it complete.
GitHub Co-Founder Tom Preston-Werner on the 5-year rule, pivots, and finding the winning branch in the startup multiverse.
From foundation models to agents to embodied intelligence, AI is unfolding from everywhere to here.
From tldraw experiments to FAL's $125M Series C and $140M Series D, how sketches turned into billion-dollar infrastructure for generative media.
In my prior post, I failed to consider the quartet as a startup as a band model.