Partner at Knoll Ventures. I invest in pre-seed and seed stage b2b SaaS and AI-centric companies.

Atlanta, GA
Joined March 2011
Richard Fraim retweeted
The future isn’t written in training data. Early-stage investing lives in what hasn’t happened yet. Humans are still the best at this and I can't imagine AI being better on any alarmist timeline. Good luck training on that. Not to mention, I can't imagine the best founders in the world wanting only to work with robots. This is a people business. Sure, some of the tedious shit we do will be automated, but we will, like all other industries, become more super human. These "hot takes" are getting old and lack imagination.
the venture capital bloodbath is coming and most vcs have zero idea agents will replace 90% of what associates and principals actually do: • deal sourcing through network analysis • due diligence via automated data mining • portfolio monitoring with real-time metrics • pattern matching across 10,000x more deals what exactly are you getting paid for when an agent can analyze every startup in your sector in 3 minutes? the entire industry is built on information asymmetry that ai just eliminated most funds will become algorithmic within 24 months the only vcs who survive are the ones who can actually build companies, not just write checks and send intros
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Richard Fraim retweeted
Coatue just put a number on what we’ve been seeing at seed for 3 years. Software = $0.2T market. Services-as-software = $5.5T. 25x. The shift is from selling tools (per-seat) to selling work (per-output). This is why the best vertical AI companies don’t compete with software incumbents. They’re compete with expensive service providers, BPOs and high turnover labor. A $2K/month AI agent replacing an $80K/year agency is the new business model.
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This is incredibly exciting for the city. I couldn’t think of a better team to take on this ambitious project. Amazing work @AtlantaVentures team! Can’t wait to see what’s next!! 🚀🚀🚀🚀
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We're BEYOND EXCITED for our inaugural Startup Showcase Live competition at #VA2023!🎉 This is a unique opportunity for Pre-Seed + Seed-Stage companies to pitch investors & compete for a $500K investment prize! So without further ado, get to know our panel of investor judges👏⬇️
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Congrats to the @repvue team on announcing its Series Seed fundraise!! So excited to be a part of this team that is transforming b2b sales culture. Big things ahead grepbeat.com/2022/05/25/chap…
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👀👀👀 Congrats to @KnollVentures portco @tourialtech on raising a $3.4 Seed led by @bonfire_vc ! We are extremely excited to support @binkleyaj and @JasonGraub as they upgrade the ability of marketers to offer interactive product experiences 🚀🚀 tinyurl.com/4jawprvd
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According to @nvca, VC investment in 2021 totalled $330 billion, approx 2x (!!!) the former record of $166 billion in 2020 For some perspective, this is ~3.75x the $88 billion invested in 2017 (also a record at that time) An incredible evolution. pitchbook.com/news/reports/q…
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Thank you @lance !! I'm up for the challenge!
That's a big act to follow @RFraim, confident you will bring it home.
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This is going to be fun!!
Introducing ASB Investor Judge: @RFraim Richard is a Partner of @KnollVentures. He is actively involved in the local tech ecosystem, acting in various mentorship positions. Richard will be an investor judge for ASB on October 21st.🚀 Tickets AVAILABLE: AtlantaStartupBattle.com
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Congrats to @KnollVentures portfolio company @dauplerinc on closing its Series A financing! biz.blogdady.com/4m-funding-…
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Richard Fraim retweeted
"Career planning is for losers." - Marc Andreesen (probably) I read 10,000 words of career advice from @pmarca. Here are 10 lessons👇
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Coinbase — $1.28B in 2020 revenue. Profitable. 43 million active users. sec.gov/Archives/edgar/data/…
Registration for Venture Atlanta Live Online is now open! Don't miss out on the event that everyone in the industry will be talking about: bit.ly/VALIVEPricing #VALiveOnline #VA2020
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Q1 GDP revised to -5.0%, 40M+ jobless claims in the last 10 weeks, Minneapolis is (literally) burning, tensions with China continue to heat up, and now 100,000+ COVID deaths Equities: 🤷‍♂️
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Thinking about the 2-sided shock that happened in oil market (flood of supply with a large drop in demand). And how there could be a similar dynamic in CRE; already a huge amount of inventory coming to mkt timed with a sudden drop in demand. Espec if large # of SMBs go BK.
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Richard Fraim retweeted
Burden of proof that chloroquine/HCL must meet seems very high. Burden of proof for actions that kill millions of jobs seems very low. We should be thinking of upside/downside. Chloroquine has huge upside / low downside. Lockdowns have questionable upside / huge downside.
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