#41 - David Teten (Founding Partner @ Versatile VC) on opportunities within the VC tech stack, signaling risks when selling a luxury asset, and thoughts on why VC is usually the wrong option

Confluence.VC

This week we had on David Teten (@dteten, teten.com) of Versatile VC. Versatile is a different type of VC that focuses on capital-efficient startups. Of the Inc. 5000 companies, only 6.5% raised money from VCs and 7.7% raised from angels. Versatile is VC for the other 93%.

Versatile provides free an exclusive database tracking providers of free money, free consulting, and free acceleration. Versatile is also launching Founders’ Next Move, an invite-only, no-cost community for founders researching their next move. Versatile has the flexibility to invest using both traditional and alternative VC structures.

David Teten is the founding partner of the fund. On top of running the day-to-day operations at Versatile, he has built a media network covering many aspects of venture capital. Check out his blog (https://teten.com/) and his resources on the tech stack of VC, https://pevctech.com/ .

In this talk, we discuss:

• How members of our community can work with Versatile VC
  
• Opportunities within the VC tech stack
  
• How VCs can mitigate career risk for themselves, and for people working for their companies
  
• Diversity and VC
  
• and parkour!
  

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