Richard Aberman’s Post

I worked as an attorney in a few corporate law firms. Workplace cultures, annual billable hours targets, quality of coffee beans ☕️ and partners' fashion styles 👔 slightly differed. But there was one thing that remained invariably the same: the use of a timekeeping solution whose design and UX got stuck somewhere in the late 90s. One of them was even ironically called Carpe Diem. Every single day, it would take each lawyer 20 to 30 painfully long minutes of work to pluck the tasks of the day and record them in what looked like a minesweeper game. So when Adrian Parlow told me about his idea to leverage AI to automate timekeeping for lawyers, it immediately resonated with me. Fast forward 8 months: PointOne has raised 3.5M$ with Bessemer Venture Partners, Y Combinator General Catalyst, and a Cooley LLP affiliated fund. They have a great team, traction, and a big problem to solve. No doubt they'll be able to help a lot of lawyers do more meaningful things with their time. 📣 For all lawyers in my network, if you want to move away from an outdated timekeeping solution and enhance your billing and time tracking capabilities, feel free to DM me.

🪖⌨️🤖💸🌏 #DefenseTech & dual use technologies come up more and more in #deeptech conversations around Southeast Asia. When do you think we will see the first (commercial) specialist funds in the region?

Peter Thiel’s Valar Ventures has just marked a significant milestone, securing $300 million for its ninth fund. This strategic move highlights a more focused and perhaps conservative investment approach, pivoting from previous larger funds. Fascinating times in venture capital! #VentureCapital #InvestmentTrends #PeterThiel #ValarVentures

These are the last cohorts of Rising Stars who embody the increasing globalization of venture capital. While this might be the last week introducing our 40 Rising Stars, there's still more to come-- stay tuned! Hiroki Takai Global Brain | Meredith Tibbals 645 Ventures | Amanda Way Jazz Venture Partners | Spencer Wolfe Shell Ventures | Kevin Zhang Bain Capital Ventures #VCJ #VentureCapital #RisingStars

How do you find Limited Partners and get them over the line? Find out in this webinar next week!

We are excited to unveil the official debut of the Vireo Ventures LP Portal, a dynamic platform designed to elevate data delivery and interaction between our team and our LPs. This fully integrated system greatly improves the processes of onboarding, capital calls, and reporting. It is not always well understood that the work of a VC fund manager doesn't only revolve around placing bets on start-ups and growing the portfolio value. Somewhat hidden from the public eye is that venture capitalists have investors themselves, the fund’s "Limited Partners," or LPs for short. At Vireo Ventures, we are fortunate to have a broad and diverse base of LPs, including family offices, wealthy individuals, institutional investors, and corporate groups. The relationships with our LPs are of utmost importance to us, and many of them possess deep expertise in the markets we invest in. That is why we engage in regular strategic exchanges with many of our LPs, which helps inform our investment theses and provides them with insights into the energy-tech startups ecosystem. The newly launched LP Portal is the next step to further deepen these relationships by providing a digital platform for our LPs with all relevant info and reporting in one place. Our heartfelt thanks go to Matias Collan 🚀, Lisa Paulick, Lucas Hülsmann, and their team at ACE Alternatives for their commitment and skill in crafting this advanced, comprehensive digital solution, marking a notable advancement in the alternative asset industry.

We’re excited to celebrate a major milestone for our client H/L Ventures: the successful close of their $24M CityRock Venture Partners Fund II! 🚀💼 H/L Ventures' early-stage venture capital fund has successfully closed at $24 million, continuing their mission to support and actively engage with Seed and Series A startups at the intersection of growth, impact, and diversity. The fund will focus on critical areas such as climate change, healthcare, fintech, infrastructure, and the future of work, with a strong emphasis on backing underrepresented founders. H/L Ventures exemplifies the growing trend of VCs prioritizing not just financial returns but also social and environmental impact. We’re eager to see this fund drive meaningful change and support the next generation of visionary founders. Learn more about CityRock Fund II: https://lnkd.in/dKEbQzgJ cc: Oliver Libby, Galina Ozgur #VentureCapital #ImpactInvesting #FundingNews #SeriesA #SeedFinanciing #HLVentures

Thanks Gabriel Shin for the update below. I have posted detailed profiles of many data-driven VCs at https://lnkd.in/ecT4J8kg .

Great to see this news about Thomas, Jason and their VC firm. I like their intelligent work app theme, and their objective for tech introducing new ways to manage work, creating new market categories, and disrupting existing incumbents. Excited about the future of our industry!

Thanks VentureBeat for covering our announcement on Acadian Ventures Fund II!