Framework Venture Partners with Peter Misek | E139

Data driven Venture Capital.

In this episode of Fintech Impact, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Peter Misek, Founding Partner of Framework Venture Partners. Framework Venture Partners is a venture capital firm that takes a data-driven approach to investigate and benchmark companies before they even invest in them, and also provide consulting investment feedback before and after the engagement process. 

Episode Highlights: 

● 00:39 – Peter Misek introduces himself and Framework Venture Partners.

● 01:35 – What is the history of Framework? 

● 04:04 – How does being data-driven benefit startups? 

● 08:08 – What does Framework Venture Partners come back to a startup with after scoring them? 

● 10:48 – What types of levels of dropping out have occurred? 

● 12:56 – Are their results leading to a more diverse group of founders?

● 18:25 – What is the next step after a company scores well? 

● 22:29 – Peter Misek describes the experience of his team. 

● 25:21 – What would Peter Misek change in his business or industry?

● 27:02 – What have been the biggest challenges Peter Misek has faced?

● 29:32 – What keeps Peter Misek excited each day about his work? 

3 Key Points 

1. Founders need advice and mentorship. 

2. Framework Venture Partners tracks 15,000-plus startups across North America, which is about 3%. 

3. Framework Venture Partners interviews with startups take 15-30 minutes with cursory consulting. 

Tweetable Quotes: 

● “Framework was started with the premise that data can help us both find great startups, but also help our startups know where they need to go on a journey to become a world-class company.” – Peter Misek 

● “We layer in operational expertise that we’ve developed over 20-plus years, my partner and I and the team, in very specific areas such as vertical expertise. So think financial services and artificial intelligence, and then think talent.” – Peter Misek

● “All of the levels of government across Canada, the average sales cycle...is 24 months. All of the levels of government across the United States, the average sales cycle is below 12 months.” – Peter Misek 

Resources Mentioned: 

● Facebook – Jason Pereira’s Facebook 

● LinkedIn – Jason Pereira’s LinkedIn 

● FintechImpact.co – Website for Fintech Impact 

● JasonPereira.ca – Sign up for Jason Pereira’s newsletter 

● Linkedin – Peter Misek’s Linkedin 

● framework.vc – Website for Framework Venture Partners