Inaki BerenguerUnderstanding Capital Efficiency vs. Capital Intensity in VCMy 10x Rule: Ensure Every $1 Invested Creates at least $10 in Value at the time of exitSep 3Sep 3
Inaki BerenguerOur investment in LimulaWe are excited to announce that we have led a $6.8M oversubscribed round in Limula, a leading Cell and Gene Therapy automation platform…May 22May 22
Inaki BerenguerReading Between the Lines: What Entrepreneurs Mean in VC PitchesIf you’re new to VC and haven’t been an entrepreneur pitching to VCs in the past, you might not be aware of all the subtle pitching tricks…May 11May 11
Inaki BerenguerWhy Startups Fail: A Look at Pre-Seed and Post-Seed RisksThis memo explores the reasons startups fail at different stages based on my own experience as an entrepreneur and long-term angel investor…Apr 95Apr 95
Inaki BerenguerRemembering Prof Edward Roberts: An ICON of EntrepreneurshipYesterday’s news saddened me deeply: Prof Edward Roberts, my mentor and investor, has passed away. He was the godfather of academic…Mar 11Mar 11
Inaki BerenguerComparing Investment Returns in 2023: Traditional Biotech vs. SoftwareAnd why this might changeJan 12Jan 12
Inaki BerenguerMy Prediction for the 5 Hottest Investment and Innovation Trends of 2024Verticalized AI applications — with a focus on healthcare and life sciences: do more, do better, with less and faster. Clinical trials…Jan 61Jan 61
Inaki BerenguerThe Rise of Defense Tech Startups: Will Europe Follow America’s Lead?This week, Shield AI, the defensetech startup founded by my MIT Sloan classmate Ryan Tseng, announced a $300M round at a $2.8B valuation…Jan 21Jan 21
Inaki BerenguerOwlstone, my first experience as a wannabe entrepreneur 20 years agoThis weekend, I spent time in Cambridge (UK) with David, one of my best friends and among the smartest people I know. We lived together…Dec 11, 20231Dec 11, 20231
Inaki BerenguerDesired Traits that make entrepreneurs investable and proxies to assess themAs an early-stage tech investor, I prioritize 4 things when evaluating a company, in the following order:Sep 27, 2023Sep 27, 2023