In this conversation, Chihiro interviews James Wang from Mimosa Ventures, exploring his journey into venture capital, the differences between angel investing and venture capital, and the current state of the VC ecosystem. They discuss the impact of AI on various industries, particularly healthcare, and the future of AI technology. James emphasizes the importance of strategic partnerships in investment and the challenges in today's VC market due to economic uncertainties.

Takeaways

James Wang has a diverse background in finance and venture capital.

Understanding the stages of startup funding is crucial for founders.

Angel investing focuses on very early-stage companies, while VCs invest in more established startups.

The VC ecosystem is currently facing challenges due to a lack of exits.

Economic uncertainty affects investment decisions and valuations.

Smaller VCs can find unique opportunities in local markets.

AI is revolutionizing industries but has limitations in reasoning and intelligence.

Practical applications of AI can significantly improve efficiency in healthcare.

The future of AI may involve new business models and payment systems.

Investors should seek strategic partnerships that add value beyond capital.

00:00 Introduction to Venture Capital and James Wang

03:05 Understanding Investment Stages: Seed to Series A

04:28 Angel Investing vs. Venture Capital09:17Current State of the VC Ecosystem

10:57 Market Forces Behind Lack of Exits

12:52 Emerging VCs and the Power Law

14:50 The Impact of AI on Venture Capital

19:20 Limitations and Misconceptions of AI

22:24 The Future of AI and Its Business Models

27:31 Final Thoughts on Venture Capital and AIKeywords: venture capital, angel investing, startup funding, AI impact, investment strategies, market trends, VC ecosystem, seed funding, Series A, technology investments