vanessa larco

T2 · manager / operator

Former GP at a large venture firm, launched Premise to invest in pre-seed/seed AI startups with a founder-first thesis, avoiding overpriced repeat-founder rounds.

1 call·1 name·100% bull·last heard last month·Bloomberg Tech
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no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

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$PREMISEPremiseposition

New venture fund Premise targets pre-seed AI with founder-first thesis

Premise focuses on earliest-stage AI where valuations are still reasonable, betting on founder quality and market expansion probability rather than product, avoiding overpriced repeat-founder rounds that carry high acquihire risk.

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$PREMISE
Premise
MEDvanessa larco·Bloomberg Tech·last month· position
New venture fund Premise targets pre-seed AI with founder-first thesis
Premise focuses on earliest-stage AI where valuations are still reasonable, betting on founder quality and market expansion probability rather than product, avoiding overpriced repeat-founder rounds that carry high acquihire risk.
"WE BASICALLY SEE IT IN THREE BUCKETS. THE EARLIEST STAGES, YOU HAVE FOUNDERS WHO MAY BE DROPPED OUT OF SCHOOL, MAYBE THERE ARE 2, 3, FOUR YEARS OUT OF SCHOOL BUT HAVE A GREAT IDEA…"
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