Introducing Not Boring Capital: A Venture Fund with a Story to Tell

Introducing Not Boring Capital: A Venture Fund with a Story to Tell

Not Boring Capital is an $8 million venture fund that invests in companies with compelling stories and helps them share those stories with the world. With a focus on Seed through Series B companies, Not Boring Capital aims to support startups at various stages of their growth journey. Led by Packy McCormick, a skilled investor and talented writer, the fund leverages the power of storytelling to drive success.

Fintech: A Leading Vertical for Not Boring Capital

Within the investment landscape, fintech stands out as the leading vertical for Not Boring Capital. With six investments totaling $525k, this sector has captured the fund's attention. Investing in fintech companies with a focus on investing technology, Not Boring Capital recognizes the potential for significant returns in this space.

Core, Explore, and Growth Investments

Not Boring Capital follows a strategic approach to investing, categorizing their investments into three main types: Core, Explore, and Growth. Core investments represent the bulk of their portfolio, with the potential to generate substantial returns in the best-case scenario. These investments make up approximately 75% of the total dollars invested.

Explore investments, on the other hand, are smaller in size but offer high upside potential. The goal of these investments is to secure a seat in the next funding round or increase deal flow. While individually they may not be expected to deliver significant returns, they contribute to the overall growth and success of the fund. Explore investments typically account for 5-10% of the invested dollars.

Finally, Growth investments are targeted at later-stage companies or those with a lower-risk profile. Although these investments may have a lower ceiling, they come with a higher floor. Representing approximately 20% of the invested dollars, the collective returns from these investments should be able to recoup the fund's initial investment.

The Power of Writing and Investing

Packy McCormick, the driving force behind Not Boring Capital, believes that his skills as both an investor and a writer complement each other. Writing has made him a better investor, enabling him to articulate his thoughts, analyze companies, and communicate his ideas effectively. Simultaneously, his experiences in investing have enhanced his writing, providing him with unique insights and stories to share.

The Not Boring Capital Community

What sets Not Boring Capital apart is its vast community of 60,000 people. Through the power of writing and sharing knowledge, this community actively supports the portfolio companies of Not Boring Capital. The symbiotic relationship between readers and portfolio companies creates a powerful ecosystem, where the success of one feeds into the success of the other.

The Hermeneutic Circle: Unveiling the Essence of Critical Reading

The hermeneutic circle is a concept that emphasizes the interconnectedness of individual parts within a whole text. Coined by Martin Heidegger in 1927, this idea suggests that our understanding of a text as a whole is based on our comprehension of each individual part and how they relate to the overall context. Wilhelm Dilthey, a psychologist, further expanded on this concept, highlighting the importance of context in determining meaning and meaningfulness.

Applying the Hermeneutic Circle to Critical Reading

To engage in critical reading, it is essential to consider the context in which a text is read. Before delving into a piece of writing, ask yourself about your expectations, existing beliefs, and prior knowledge on the topic. Understanding your own context can greatly enhance your reading experience and interpretation of the text.

Additionally, re-reading the text multiple times is crucial to complete the hermeneutic circle. Interpretation is not a linear process; it requires constant refinement and iteration. By revisiting the text and building upon your initial understanding, you can gain deeper insights and uncover new perspectives.

Taking Action: Three Tips for Effective Reading and Investing

• 1. Embrace the Power of Storytelling: Just as Not Boring Capital leverages storytelling to drive success, recognize the influence of narratives in your own life. Whether you're reading a book or evaluating an investment opportunity, consider the story behind it. How does it resonate with you? What potential does it hold? By embracing the power of storytelling, you can make more informed decisions and connect with the essence of a text or investment.

• 2. Cultivate a Growth Mindset: The hermeneutic circle emphasizes the importance of continuous learning and refinement. Apply this mindset to your reading habits and investment strategies. Embrace the idea that there is always more to learn and explore. By approaching texts and investments with a growth mindset, you open yourself up to new insights and opportunities for growth.

• 3. Engage in Active Reflection: After reading a text or evaluating an investment, take the time to reflect on your experience. What did you learn? How did your understanding evolve? Actively engaging in reflection allows you to solidify your learnings and integrate them into your overall knowledge framework. This practice can enhance your critical thinking skills and contribute to more informed decision-making.

In conclusion, Not Boring Capital embodies the convergence of investing and writing, leveraging storytelling to drive success in the venture capital landscape. By investing in companies with compelling stories and actively engaging readers in their journey, Not Boring Capital creates a powerful ecosystem of support and growth. Meanwhile, applying the hermeneutic circle to critical reading allows individuals to unlock deeper insights and understanding. By embracing the power of storytelling, cultivating a growth mindset, and engaging in active reflection, readers and investors alike can enhance their experiences and make more informed decisions.