🦄 Unicorner Fund of the Week: rpv |
| | | ✍️ Notes from the Editors | Today, we’re back with another Special Edition, and we’re doing something we’ve never done before. We’ve been working behind the scenes to bring you a very special article from one of our readers, Tom White. Tom has brought to our attention some really cool companies in the past, such as Charter Space, so we found it fitting to give him the spotlight today to highlight a fund that he works as an advisor to. It was actually one of Tom’s ideas that led to today’s cover, our first-ever Fund of the Week—rpv! | Tom is a writer, advisor, and investor. After stints at both On Deck and Google, Tom now works as a solopreneur. He’s writing, editing, researching, and ghostwriting professionally for a number of startup/F500 executives, VCs, and fund managers; advising and consulting on web3/growth/storytelling/customer psychology for a number of different international B2B and B2C startups; and penning a free weekly newsletter on books and behavior, psychology, and philosophy at www.whitenoise.email. |
|
| | - Arek and Ethan 🦄
|
| | | | | Introduction | What’s the most important problem in your field? Why aren’t you working on it? | | Richard Hamming |
|
|
| The world is a malleable place. If you know what you want, and you go for it with maximum energy and passion, the world will often reconfigure itself around you much more quickly and easily than you would think. | | Marc Andreessen |
|
| From Silicon Valley to Sao Paulo, entrepreneurs, investors, operators, and optimists utter common laments. | Though these sentiments take many different forms—they span many languages and dialects—two quotes in particular are representative: | We wanted flying cars, instead we got 140 characters. | | Peter Thiel |
|
| The best minds of my generation are thinking about how to make people click ads. | | Jeff Hammerbacher |
|
| Thiel and Hammerbacher’s points are well-taken. For all of Silicon Valley’s grandiose talk about the future of humanity, it has mostly delivered spectacularly useless, lifeless, even anti-human technologies. The “app store” and its myriad digital cousins teem more with so-so technologies than technological leaps forward. | In a way, this status quo reflects its owners perfectly. The same people lend one another money, back and forth, in repackaged pursuit of their utmost whims—namely, to be served by strangers promptly, to have their cake and eat it too, and to amass more wealth even as they sleep. | rpv rejects such an insular, pessimistic-driven approach and instead pursues that which is propelled by genius, innovation, and exploration. As a deep tech venture fund focused on early-stage, scientifically-intensive ventures, rpv seeks to advance humanity’s well-being in a broad, tangible manner. Guided by the dual pillars of rigorous scientific method and strong ethical standards, rpv rejects a future dictated by incrementalism. Instead, it strives to usher in a golden era of, by, and for deep tech by applying the scientific method to startup investing/seed stage. | | | rpv believes the era of Deep Tech is here. |
|
| | Its diligence process is as scientific (if not more so) as the technology in which it invests. Both regimented and scientific, it stands apart—a far cry from freewheeling VCs that ready-fire-aim rather than ready-aim-fire. | Its methodological weapon of choice is a sniper rifle, not a bazooka. | | | rpv’s investment focus resembles photonics: both precise and powerful. |
|
| | rpv funds and furthers breakthrough innovation across five specific physics-enabled areas: | Neuroscience Lasers and photonics Alternative energy Advanced materials Additive manufacturing, such as CAD/3D printing
| The firm shoots not just for the moon, but also other distant, unfamiliar terrain—the subconscious, the depths of meaning, and the boundaries of physics and chemistry. | In place of facile, unseemly invocations of disruption and futurism, rpv’s team grits their teeth, rolls up their sleeves, and does the damn work. They reject sophistry and believe in science. | Ironically, this is rare. Scientific expertise is severely lacking in the world of Deep Tech VC: only 19% of the funds can evaluate a venture's scientific potential and the associated risks. | | | | rpv works closely with CERN researchers and renowned scientists to diligence frontier deep tech deals in neuroscience, photonics, and new energy. It aims to write the first check into truly scientific startups and help them attract more VCs. | Because the team is more at home in the laboratory/classroom than the boardroom, they have an unfair advantage that biases them toward victory. | | | | Enjoying the article so far? This week’s cover is made possible by Growth Daily. | Do you want the insights, trends, and breaking news powering 40,000+ companies' growth? | World-class CEOs, founders, & marketers start their day with the most impactful growth marketing news, tips, tools, trends, and insights by simply reading Growth Daily for 5 minutes every morning! | The best part? It's completely free to sign up. | | |
| | The team | rpv is led by Arkady Kulik and Tamaz Khunjua. Previously, Arkady served as COO of VK.com (2019-2021) and founded Thankyou, the largest digital music label in Russia. Tamaz is a CERN affiliate and drove the relationship between CERN and the University of Georgia (Tbilisi), where he is a tenured professor. | Together, they make a formidable duo united by complementary talents and unmatched intensity. History shows that such duos can combine to create leaping emergent effects—think Bill Gates and Paul Allen, Larry Page and Sergey Brin, Steve Jobs and Steve Wozniak. | Though there exist lots of naysayers, neither incredulity nor pessimism halts technological advancement. There are some who duel in the arena and others who jeer from the peanut gallery. Far from shelling nuts, Arkady and Tamaz realize that “there is no effort without error and shortcoming” and “strive to do the deeds…know great enthusiasms…spend [themselves] in a worthy cause.” | Showing beats telling. As an example, take one of the few rpv portfolio companies out of stealth: Strong by Form. | | | | Strong by Form strives to rid the construction industry of concrete, steel, and aluminum. Inspired by nature, the company creates lightweight structural solutions that fuse the sustainability of wood with the performance and productivity of advanced composites. The resulting material weighs 12x less than concrete and is just as durable. | As I said, the stuff of science fiction. | Synopsis | rpv is putting its money where its mouth is and working tirelessly to turn science fiction into science fact. | All this might sound a bit absurd. That’s because it is. | Andreessen Horowitz’s Katherine Boyle said it best: | [M]uch of the venture capitalist’s career will be dotted with the feeling of being absurd, being wrong, and hopelessly out of touch with reality. The future may be just over the horizon or 100 years away, and in a long enough timescale, you will likely be vindicated for many beliefs. Venture capital is a job where the inevitability of looking and feeling absurd is a large part of the point of it. Your wins will look like losses. Your losses will look like incredible wins. Nothing will be as it appears and you will often be alone with these feelings of uncertainty. Most people hate the feeling of uncertainty and shy away from potential failure. Successful venture capitalists are often wrong about many things, and somehow, the failure allows for recalibration and learning. | | Katherine Boyle |
|
| If rpv achieves half of what I think it can, I don’t mind feeling absurd for years to come. Explore rpv’s vision here! | - Tom | | 🚀 Conclusion | Thanks for the cover on rpv, Tom! Make sure to check out Tom’s newsletter at www.whitenoise.email. | Let us know what you thought of this week’s article by using the poll below or by replying directly to this email. | For now, we’ll be back to our regularly schedule Startup of the Week programming next Monday! Wishing you a great week ahead. | - Arek and Ethan 🦄 |
| | How did you like today's cover?Reply to this email with your thoughts on what we did well (or could improve on)! | |
| | If you enjoyed today's article, forward this email to a friend! | If you're just seeing this email now, subscribe here. | | Made with 💜 by the Unicorner team 🦄 |
| |
|