CTalk“We're looking for things that are harder to replicate rather than easy to deploy”
CTalk
“We're looking for things that are harder to replicate rather than easy to deploy”
Maya Azoulay, Partner at lool Ventures, spoke to CTech at AI 2024 about what to look for in founders and companies when investing.
Maya Azoulay, Partner at lool Ventures
(Photo: Go Live broadcasts)
“Innovation seems so lucrative and the impact of ‘newly built’ seems so impactful,” says Maya Azoulay, Partner at lool Ventures. “But I think what we're really looking for is things that are harder to replicate rather than easy to deploy. I think everyone's struck by how fast innovation cycles are in this newly built ecosystem and we're really looking for things that will be long term sticky, and going back to basics of innovation is hard. It always has been, it always will be.”
lool Ventures is a sector-agnostic VC fund looking into areas that will produce significant companies out of Israel and take them across the ocean. It has $200 million under management and its check size is anywhere between $1-3 million. It partners with founders who share the sense of what it's like to “go out there and build and take your business across the ocean, wherever that may be.”
“I don't think there's a cookie-cutter,” she continued, when discussing founders and what to look for when investing. “We have a nice portion of second timers in our fund, but the spark can always come even from first timers as well. We're looking for brilliant, talented people who really are not shying away from tense and significant problems. So there's no real rule for it. But we are looking for the top percentile of performers and professionals that have some kind of unfair advantage and ability to create an alpha in what they're building.”
You can watch the exchange in the video above.
