By Alex Konrad
Jyoti Bansal and John Vrionis teamed up for one of tech’s best outcomes in recent years. Now with a new venture capital firm called Unusual Ventures, they’re looking to do it again – adding some twists to the VC playbook along the way.
Unusual Ventures launched on Tuesday with a debut $160 million fund focusing on seed stage investments primarily in enterprise software and infrastructure. Unusual’s day-to-day operations are led by Vrionis, the firm’s cofounder and managing partner; Bansal is its cofounder, holding a title the firm calls an entrepreneur partner.
Vrionis, a Midas List investor at Lightspeed Venture Partners before leaving to start Unusual, says he and Bansal were united by the shared belief that the seed stage investment market is broken, in part due to the rise of “mega funds” that increasingly invest later in startups’ life cycles, focusing on helping them scale. “What I loved to do was help with the early days,” says Vrionis. “How come none Click here to read entire article