dayna grayson(@daynagrayson):Early stage investors want everything and it had gotten fairly boring by 2020. Plugging and chugging SaaS metrics, sticking to lean startup burn rates, etc. No vision, no disruption. Thank goodness that the other half of the GDP -- the MOST Foundational Industries of economy -- can now be rebuilt with venture dollars. About time.

2026.10.29 20:53

Early stage investors want everything and it had gotten fairly boring by 2020. Plugging and chugging SaaS metrics, sticking to lean startup burn rates, etc. No vision, no disruption. Thank goodness that the other half of the GDP -- the MOST Foundational Industries of economy -- can now be rebuilt with venture dollars. About time.

Jack Kuhr@JackKuhr

2026.10.29 15:45

Construct Capital's @daynagrayson on raising a fund for heavy industries in 2020, at a time when everyone was hyper-focused on software investing. “The venture world was one that was honed and trained on SaaS." "Everyone knew what a magic number should look like, what the Rule of 40 is and when it should be attained.” “We had a fundamental belief that when venture reaches a point where associates take your deck and plug and chug the numbers and then give you an answer, it might not be venture anymore.” With @itsmoislam at the @NYSE