What is "not boring capital"?
Sources:
"Not Boring Capital" is a venture capital enterprise founded by Packy McCormick. It is part of a broader ecosystem that includes his "Not Boring" newsletter. The venture operates differently from traditional firms by leveraging modern digital tools and platforms to streamline operations, allowing it to function efficiently with minimal staff.
Key Points about Not Boring Capital:
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Digital Integration:
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Medium of Scale:
- McCormick's venture fund and newsletter complement each other. The newsletter allows for constant engagement with innovative ideas, while the venture capital arm enables McCormick to invest in and actively shape these ventures 3.
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Operational Efficiency:
- By relying on digital tools, Not Boring Capital avoids the heavy back-office burden typical of traditional venture firms. This allows McCormick to run the venture more flexibly and responsively 4.
In essence, Not Boring Capital redefines venture capital through strategic use of digital tools, creating a lean and agile investment model.
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