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142. Beacon: An Engineering Systems Approach to Investing, Part 1 (Chris Farmer)

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Sinopsis

Chris Farmer of Signal Fire Ventures joins Nick to discuss his firm and their platform, Beacon, a robust data engine that reveals the best sector, market and startup investment areas. We address questions including: Can you start off with the firm's thesis and your main focus at SignalFire? You talk about the four big founder pain points that you've observed... what are they?. Number one pain point is Hiring top engineers...  Tell us about his Data platform, Beacon, and how it addresses this pain point? Sourcing and analysis tool that helps show you where to focus? Can you give me an example of what you see when you look at a sector, sub-sector or even at the company level? Does this data really exist with very early-stage startups or nascent sectors, before they've really emerged and have traction? Sources? I've worked for companies that had a difficult time getting one database to talk to another.  Can you really source unstructured data, from limitless sources and structure it in a way where it's streaml