Introducing Not Boring Capital: A Venture Fund with a Unique Approach

Kazuki Nakayashiki

Hatched by Kazuki Nakayashiki

Sep 26, 2023

5 min read

0

Introducing Not Boring Capital: A Venture Fund with a Unique Approach

Not Boring Capital is not your typical venture fund. With a focus on investing in companies with compelling stories, this $8 million fund aims to not only provide financial support but also help these companies tell their tales. Led by Packy McCormick, an investor and writer, Not Boring Capital brings a unique perspective to the world of venture capital.

But what sets Not Boring Capital apart? Well, for one, Packy believes that his writing has made him a better investor, and vice versa. This symbiotic relationship between investing and writing creates a powerful flywheel that drives success. By investing in companies with stories to tell, Not Boring Capital can leverage Packy's writing skills to amplify their impact and reach.

While Not Boring Capital is open to investing in companies at various stages, their primary focus is on Seed through Series B companies. These early-stage investments have the potential to provide significant returns, with about 75% of the fund's dollars allocated to this category. Additionally, Not Boring Capital also makes smaller investments to secure a seat in the next round or increase deal flow, and allocates about 20% of its dollars to later-stage or safer investments.

One vertical that Not Boring Capital is particularly interested in is fintech. With six investments and $525k allocated to this sector, it is the leading vertical for the fund. Fintech, with its focus on investing technology, aligns well with Not Boring Capital's mission to support companies with stories to tell.

In the ever-evolving landscape of technology and investing, it's crucial for venture firms to adapt and find their unique value proposition. Not Boring Capital does just that by leveraging Packy's writing and investing skills to create a community of 60,000 people. The synergy between Not Boring Capital's portfolio companies and Not Boring readers can lead to valuable connections, support, and growth opportunities.

But Not Boring Capital's approach extends beyond just investing. Packy has always had three passions: meeting and talking to smart people, reading and writing, and investing. This unique combination fuels his drive and allows him to make a meaningful impact in the world of venture capital. By connecting with brilliant minds, immersing himself in literature, and making strategic investments, Packy has found a winning formula for success.

While Not Boring Capital focuses on investment strategies, there are broader lessons that can be learned from their approach. One such lesson is the importance of focus. In a world filled with distractions, it's easy to lose sight of what truly matters. By shifting our mindset from productivity to focus, we can unlock exponential improvements in both our work and daily lives.

Focus is not just a desired outcome; it's a state of deep engagement. It's a process that allows us to find pleasure and fulfillment in the present moment, unaffected by boredom, anxiety, or the desire for distraction. When we learn to enjoy and practice focus for its own sake, productivity naturally follows as a by-product.

Trusting our judgment is another key aspect of focus. Focus binds us meaningfully to the world around us, but it requires self-confidence and self-awareness. By trusting ourselves and our judgment, we can set clear boundaries and fully immerse ourselves in our chosen areas of focus. This trust in ourselves and our abilities is crucial for maintaining a state of focus and producing high-quality work.

To cultivate focus, it's essential to address the internal factors that contribute to distraction. Boredom and anxiety often drive us to seek reprieve through distractions, especially in our technology-driven world. By refusing to give in to these insecurities and remaining committed to our state of focus, we not only produce work we're proud of but also contribute to a lifelong practice of self-trust, confidence, and awareness.

Context switching and distractions can significantly impact our ability to focus. Studies show that distraction can lead to a decrease in IQ and hinder productivity. To combat this, it's important to embrace focus as a lifelong practice and view it as an opportunity for personal growth. Instead of relying on software solutions that promise automation but ultimately compete for our attention, consider exploring Unified Digital Workspace platforms that protect and enhance focus.

In the wise words of Ann Lamont, "how we spend the hours is how we spend our lives." By shifting our focus from mere productivity to deep engagement, we can make the most of our time and create a meaningful impact.

To conclude, here are three actionable pieces of advice to enhance focus and productivity:

  1. Embrace focus as a state of deep engagement, separate from the outcome. Learn to enjoy and practice focus for its own sake, and you'll naturally see improvements in both the quality and quantity of your work.

  2. Trust your judgment and set clear boundaries. Focus requires confidence and self-awareness. By trusting yourself and your abilities, you can fully immerse yourself in your chosen areas of focus and produce high-quality work.

  3. Address internal factors that contribute to distraction. Refuse to give in to boredom and anxiety, and remain committed to your state of focus. This not only leads to better work but also contributes to a lifelong practice of self-trust, confidence, and awareness.

Remember, focus is not just about being productive; it's about finding fulfillment and creating a meaningful impact. By prioritizing focus and embracing it as a lifelong practice, you can unlock your full potential and lead a more purposeful life.

Sources

← Back to Library

Hatch New Ideas with Glasp AI 🐣

Glasp AI allows you to hatch new ideas based on your curated content. Let's curate and create with Glasp AI :)

Start Hatching 🐣