📝 VC Memos (Week of Feb 27 - Mar 5)

"Archway is designed to serve the more than 10,000 community, regional and super-regional banks and credit unions in the U.S. These financial institutions are central elements to healthy regional economies but do not have the IT capacity of national or multi-national banks. As such, they run their operations on legacy banking platforms, built decades ago when banking needs were very different."

"As code has become more layered and complex, and as companies integrate more third-party software solutions, innovation in vulnerability management has lagged over the past decade, and threat surface area has increased. As a result, even as software teams become increasingly reliant on machine learning and AI-generated code, patching largely remains manual: security teams are often forced to move slowly due to fears of disruption of existing workflows and processes."

"We believe Typeface is solving this challenge with the first enterprise-grade generative AI application for personalized content. Typeface combines the content velocity of AI with a brand’s own creative assets, voice, and audiences, so anyone can create unique, brand-safe content across all digital mediums, including text, images, and more, with superhuman results."

"Buying and selling crypto across the world still remains prohibitively expensive or difficult, particularly for long-tail or new assets… The next billion people aren’t going to join the digital asset economy if things remain this way. Many crypto on-ramps today remain broken from a combination of issues like slow processing times, large fees, and poor customer support."