YZ Yuanzhe Fu + YY Yuyan Wang, founders of YUVC are thrilled to be joined by Peter Lasinger, General Partner at 3VC, largest series-A fund in Austria investing in Europe.

Peter is a proud investor in PicsArt, DeepCodeAI, StoryBlok, Lokalise, Tatum, Kaia Health, among others. One of the earlierst VCs in Austria, Peter candidly shares his journey into venture capital, providing valuable insights into the evolution of the European VC market, the significance of data-driven strategies, and the pivotal role of market fit and team dynamics in investment decisions.

Highlights:

YZ: What do you think will be the most important fit in the era of AI?
Peter: The product market fit + a tight alignment of infrastructure, hardware, GPUs, algorithms, and the data layer, which needs to work cohesively to create value.

YZ: Do you still believe that the return is still parallel to the risk in early stage venture capital industry right now?
Peter: Of course, I say yes, because I have my own money in the fund and I wouldn't do the job if I don't believe that there is a super high lever.

YZ: What kind of advice would you give to the younger self?
Peter: Not to be discouraged. Be a little bit more patient, trust your friends, your skills, your networks.

Chapters:

00:00 🚀 Peter's Journey to Venture Capital
04:15 🌍 The Evolution of the European VC Market
10:19 💼 3VC's Strategy: Quality Over Quantity
14:57 📊 The Role of Data in Venture Capital
21:22 🤝 The Importance of Market Fit and Shared Vision
26:30 📚 Learning from Failures and the Importance of Team
30:05 🧠 AI Market Fit: A Complex Equation
36:05 🌐 The Importance of Localization and AI's Role
38:55 🤖 3VC's AI Investing Thesis
43:05 🚀 The Future of Venture Capital
47:41 💡 Peter's Perspective on Life and Meaning

Links:

• Substack
• YouTube
• LinkedIn
• Apple Podcasts
• Spotify
• X
• 小红书
• Bilibili
• 36Kr