OneSixOne Ventures
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Venture capital, Events
OneSixOne Ventures founders Justis Mendez and Pablo Casilimas raise $5M flagship fund backed by Gatorade family and ex-Tableau CFO
Two University of Florida alumni, Justis Mendez and Pablo Casilimas, built a local startup community in Gainesville through meetups and events before raising a $5 million flagship venture fund backed by notable UF alumni, including the Gatorade family and a former Tableau CFO. Their grassroots efforts generated momentum for their tech investing thesis and led OneSixOne Ventures to invest in multiple startups.
Seattle VCs Greg Gottesman and Matt McIlwain Urge Startups to Rethink Defensibility Amid Rapid AI Advancements
Seattle venture capitalists Greg Gottesman and Matt McIlwain emphasized at Seattle Venture Day that startups must develop new defensibility strategies, like 'reasoning flywheels,' to survive rapid scaling and vulnerability in the AI era. They advise founders to move beyond traditional intellectual property moats and focus on unique data, engagement, and workflows.
Seattle Startup Gone.com Raises $6.3M to Provide Free Used Item Pickup and Resale Marketplace
Seattle startup Gone.com raised $6.3 million to offer free pickups of used items for resale through AI-driven logistics and pricing, operating both online and in a Renton storefront. Founded by former Amazon and OfferUp leaders, the company aims to streamline the secondhand goods economy by converting unwanted items into resale value.
Madrona Managing Director Matt McIlwain Shares 'Triangle' Model to Assess Startup Founders and Pitches
Madrona Managing Director Matt McIlwain explained his 'triangle' model for evaluating startup pitches, focusing on the problem's existence, timing, the product, and founder-market fit. He emphasized the importance of founders' dedication, understanding of timing, and adaptability in successfully backing startups.
Seattle Tech Week 2024 Draws ~75 Events, Organizers Thank JP Morgan, Ascend, Google Cloud and Sarah Studer
Seattle Tech Week 2024 featured about 75 events that brought together founders, investors, and startups, showcasing Seattle as a vibrant tech hub. Organizers thanked hosts, sponsors (including JP Morgan, Ascend, Google Cloud), community builder Sarah Studer, and noted the program expanded from last year with spillover weekend activities and large community turnout.
