[cavisne]

The email is funny but this company raises some red flags for me. Firstly I couldn’t figure out what CircleUp actually does as a “tech startup” from reading their website.

On further reading they used to do something (a marketplace to connect investors and consumer companies needing funding) but they pivoted into being a plain old investment company (ie what the founders used to do themselves).

They make some very dubious claims about using machine learning, what huge dataset are they pulling from when the pool of companies is tiny and their marketplace doesn’t exist anymore?

How is a VC meant to get VC returns from a company that is itself simply raising money and investing it in early stage companies.

This feels like clever self marketing (tech founder vs financiers!) when really it’s a pissing match between VCs