Where the theory of change is weakest is that whether funders’ reasons for preferring to get their dealflow from personal connections are good or bad, they’re unlikely to want to replace it by receiving unsolicited pitches via an AI platform (still less one they pay for). After all, they can publish a request for projects/startups to fund and an email address and get inbound submissions for free.
Only way you get over that hill is if the pre-sorting process is exceptionally efficient (and unfortunately for a lot of the most isolated founders, that probably means spending a lot of their time with a system trying to coach them into pitching a fundable project only to still be told they’re not ready yet...)
I also think it’s unclear how much value AI systems add in improving/sorting stuff which is actually good (as opposed to above very low thresholds of relevance/quality)
Thanks for your feedback. That’s why IRIS is voice first agent. Like Jack and Jill for recruiting she gets to know both sides properly over calls, WhatsApp and email. It’s not a static boredesom form. And trust based first as it wouldn’t make a match if it’s not likely to be well received. About paying, VCs already have to either build their own tool or pay for CRMs.
Where the theory of change is weakest is that whether funders’ reasons for preferring to get their dealflow from personal connections are good or bad, they’re unlikely to want to replace it by receiving unsolicited pitches via an AI platform (still less one they pay for). After all, they can publish a request for projects/startups to fund and an email address and get inbound submissions for free.
Only way you get over that hill is if the pre-sorting process is exceptionally efficient (and unfortunately for a lot of the most isolated founders, that probably means spending a lot of their time with a system trying to coach them into pitching a fundable project only to still be told they’re not ready yet...)
I also think it’s unclear how much value AI systems add in improving/sorting stuff which is actually good (as opposed to above very low thresholds of relevance/quality)
Thanks for your feedback.
That’s why IRIS is voice first agent.
Like Jack and Jill for recruiting she gets to know both sides properly over calls, WhatsApp and email. It’s not a static boredesom form.
And trust based first as it wouldn’t make a match if it’s not likely to be well received.
About paying, VCs already have to either build their own tool or pay for CRMs.