About this episode

Nuno Goncalves Pedro discusses the quant-driven approach of Chamaeleon and challenges common VC narratives.

Nuno Goncalves Pedro is the Founder and Managing Partner at Chamaeleon. He won't describe it this way, but I'd call Chamaeleon something like "The RenTech of VC." Chamaeleon is built around its proprietary data platform, Mantis, which borrows tools like factor analysis from public-market investors and operates more like a quant hedge fund than a traditional venture firm. We talk through a bunch of data that cuts against the common narrative in venture, including why repeat founders aren't always the safer bet, why sub-$100m funds catch the majority of fund-returning deals, and why 10x might be a better target than 100x. Thank you to Numeral, Flex, Amplitude, and Merge for supporting this episode. Numeral: The end-to-end platform for sales tax and compliance https://www.numeral.com Flex: Get premium banking and a net 60 day credit card at 0% APY https://home.flex.one/referral/bananacapital Amplitude: AI analytics, all you have to do is ask https://www.amplitude.com Merge: Every modal. One API. Total control. Check out Merge’s Agent Handler. merge.dev/turner Timestamps: (1:00) When 1st time founders outperform serial entrepreneurs (8:05) Mantis: factor-driven quant model…

People in this episode

Host: Turner Novak

Guest: Nuno Goncalves Pedro

Topics covered

• quant-driven venture capital
• data analysis in VC
• fund performance
• founder success
• investment strategies

Sponsors

Numeral, Flex, Amplitude, Merge

Mentioned in this episode

Organizations: Chamaeleon, RenTech

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