📝 VC Memos (Week of Apr 17 - Apr 23)

"We believe Charlie has created a “magic moment” for developers. His proven attention to detail and commitment to delivering high-performance tooling has contributed to the explosive popularity of Ruff, which garnered over 12,000 stars on GitHub in a few months. The team at Astral plans to continue building Ruff and to release more high-performance tooling that will delight Python developers."

"The healthcare system is still contending with the aftermath of pandemic peaks, and a study revealed that provider burnout reached an all-time high at 63% last year… Providers have seen a 157% increase in messages from patients since pre-pandemic levels. On the other side, patients have historically not received the level of experience and engagement that they expect in healthcare."

"Australia is the world's largest supplier of lithium, producing 42,000 tonnes of the commodity in 2019. This, however, is almost entirely the mined hard rock, spodumene; nearly all of which is exported to China where ~90% of global processing is managed."

"Betterdata's innovative synthetic data platform provides a comprehensive solution that enables businesses to utilize data for various use cases while maintaining confidentiality and privacy… the synthetic data market is expected to grow from $178 million in 2020 to $2.5 billion by 2025."

" Current existing solutions typically target only one vertical in the restaurant management system suite and do not communicate well with other systems. With data spread across multiple databases, it is challenging for restaurant operators to make data-driven decisions and improve their operational efficiencies."

" LLMs like OpenAI’s GPT-4 have become multimodal and extremely powerful but have limitations. These models are typically slow and too expensive for industrial applications with high throughput and/or low latency requirements. They are also often confidently wrong, and systems need to be in place to ensure accuracy. "

"Every two minutes, someone in the UK is diagnosed with cancer. Over the last 40 years, survival has doubled, with half of patients diagnosed surviving for a decade or more. Perci Health believes that it’s time to let go of the last historical taboos surrounding cancer, and instead recognise it for the chronic condition that it is, and address the high physical, mental, emotional, social and financial costs associated with it."

"As many as three-quarters of children experience severe anxiety before undergoing a healthcare procedure, with 50% developing negative behavioural changes two weeks after an operation…Little Journey is a digital eSupport platform that provides multi-faceted support to children and families before, during and after healthcare procedures and clinical trials."