On Risk
TINA has overtaken the venture market. There is no alternative. As long as the music is playing, you've got to keep dancing. You've got to play the game on the field. If a founder isn’t raising a $10m seed round, they're not ambitious
Jake Gibson
What We're Thinking About (Excerpt from BTV LP Update)
Seed valuations are flying. Per Carta, the top 5% of seed rounds are now getting done at $200m+, up 177% in a single year, and the median is around $24m. What we have spent many years calling seed is now labeled pre-seed, and what's now labeled seed
Why We Invested in InstaSwitch
Excited to Announce Our Investment in InstaSwitch!
We are thrilled to share our investment in InstaSwitch! We led their pre-seed round and invested in their seed round led by Chicago Ventures.
5.4 million U.S. small businesses try to switch banks every year. Most never finish. The story
Fireside Chat with Yoseph West of Relay
It was a pleasure to host a fireside with Yoseph West last week.
Yoseph is the CEO and Founder of Relay, a platform designed to give small business owners complete control over what they are earning, spending, and saving. In 2025, Relay surpassed $1 billion in customer deposits!
Yoseph shared
Announcing BTV III 🚀
🔗Covered in Techcrunch here
We’ve Raised $140M And, Spoiler Alert, We’re Still All In on Fintech
We’re excited to announce that Better Tomorrow Ventures (BTV) has closed our third fund at ~$140M. This raise brings us to $450M in AUM, following our $150M BTV II from 2021
Why We Invested in Meroka
⬅️Originally published on Nihar's LinkedIn here.
Excited to Announce Our Investment in Meroka!
We are thrilled to share our investment in Meroka where we led their $6M seed round alongside Slow Ventures with participation from 8VC.
For independent doctors across the US, Meroka offers an alternative path to
Why We Invested in Ponte
We are thrilled to announce our investment in Ponte!
Ponte is unleashing the professional potential of Hispanic immigrants in the U.S.
There is an unprecedented labor shortage in the U.S., with over 10 million open jobs and not enough workers to fill them. Most of these are frontline