High-conviction AI investing: Chip Hazard’s blueprint for early-stage venture success

Driving Alpha

Chip Hazard is a General Partner at Flybridge Capital Partners, where he has been investing in early-stage technology companies since 2002. He co-founded Flybridge, focusing on ambitious founders building the AI-powered future. With a background in Greylock and a proven track record in venture capital, Chip has been a key investor in successful companies such as MongoDB. He also co-founded XFactor Ventures, a fund supporting female founders. Chip’s expertise spans enterprise infrastructure, financial technology, digital health, and AI.

Here’s a glimpse of what you’ll learn:

• 00:00 Introduction to Steve Brotman and Alpha Partners
• 00:18 Meet Chip Hazard: Early Stage Technology Investor
• 01:44 Chip's Journey into Venture Capital
• 02:48 Founding Flybridge Capital Partners
• 03:59 Flybridge's Investment Strategy and AI Focus
• 05:21 Key Investments and AI Applications
• 08:23 The Future of AI and Market Opportunities
• 09:06 Traits of Successful Founders
• 19:33 Investment Decision-Making Process
• 27:48 Advice for Entrepreneurs and Board Members
• 29:30 X Factor Ventures and Supporting Female Founders
• 32:05 Conclusion and Fundraising for Flybridge

In this episode...

In this episode of the "Driving Alpha" podcast, host Steve Brotman dives into an engaging conversation with Chip Hazard. Chip shares his journey from joining Greylock straight out of Harvard Business School to founding Flybridge Capital Partners. The discussion covers Flybridge’s investment strategy, which is focused entirely on AI, and highlights their approach of backing founders at the pre-seed and seed stages. Chip offers deep insights into the evolving landscape of AI, likening the current surge in AI innovation to a "Netscape moment," signaling a monumental shift in technology.

The conversation also explores key investments made by Flybridge, including notable AI application and infrastructure companies like Melody Arc, Prime Security, Church AI, and Mako. Chip provides a nuanced analysis of the importance of the human-AI interface and how successful AI startups need to rethink traditional SaaS models. The discussion wraps up with valuable advice for entrepreneurs, insights into Flybridge’s unique decision-making process, and an overview of XFactor Ventures, a fund aimed at supporting female-led startups.