Not Yet Ventures

Alex, the Managing Partner, leads all investment decisions. The firm operates with a single decision-maker structure, which keeps the diligence process personal and fast—a 15-minute conversation with Alex is the first step for any founding team. His background is concentrated in student entrepreneurship, and he personally workshops Y Combinator applications alongside founders.

Sourcing runs entirely through US university ecosystems. Alex's network of student founders, campus grants, and competitions provides a channel that is hard for larger seed funds to replicate at comparable speed. The firm also benefits from the 'student card'—founders cold-outreaching from a .edu address get high response rates, which feeds Not Yet Ventures' top of funnel.

The firm targets the earliest possible institutional stage—before formal seed rounds, often post-idea and pre-revenue. The $50K check is designed to make a team investable for the next round. The firm describes this as the moment a founding team becomes 'investable,' which typically means they can build product without outside contractors and generate early sales without paid advertising.

The firm only makes direct investments into startups. There is no indication of fund-of-funds activity, SPV aggregation, or participation in other managers' vehicles. The model is a single-check, hands-on relationship with each founding team.

Alex personally helps founders workshop their pitch, decks, and Y Combinator applications—17 student entrepreneurs funded by YC have gone through this process with him. The firm also connects teams into a curated network of angels and early-stage VCs who are constructive at the pre-seed and seed stages. Post-investment support includes frequent meetings on KPIs and growth metrics, communication coaching for investor conversations, and positioning the Not Yet Ventures brand as a signal to later-stage investors.