Inside the VC-Backed RegTech Momentum
This week, one of the year’s biggest cybersecurity conferences, RSAC, kicks off herein my backyard.
With a packed agenda covering some of the most pressing issues in cybersecurity today, the conference takes place as the sector, along with others under the RegTech umbrella, are experiencing high levels of VC investment, as some of enterprise’s most complex and arguably dull tasks, such as compliance, are yielding some of the biggest deals.
As capabilities of AI create novel and powerful ways to address regulatory challenges, while at the same time, enterprise use of AI technology also creates a new host of burdens around compliance, data protection and cybersecurity, the importance of the RegTech sector has continued to grow.
Amid rapidly growing RegTech global market – which I include under the broader LegalTech umbrella – this edition of Venture Legal explores RegTech’s history and current growth, and examines sectors such as:
- Cybersecurity, which is experiencing an influx of VC funding;
- Compliance, a crucial process essential to organizational risk-prevention;
- InsurTech, which is rapidly growing due to AI innovation; and
- GovTech, which has been called the sector’s “last frontier.”
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How AI FOMO is Fueling VC Competition
When Tim Cook said more than a decade ago that competition makes everyone better, he probably did not imagine how relevant those words would be to the rise of artificial intelligence in venture capital. The Original Copy investment race has created an environment where speed and precision matter more than ever. Similar patterns are also…
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The One-Person, Billion-Dollar VC Fund of the Future?
Just as Sam Altman, CEO of OpenAI, raised the possibility that artificial intelligence could enable the rise of a one-person billion-dollar company, I started to ask myself a related question. Could we eventually see a one-person billion-dollar VC fund? With artificial intelligence reshaping the way investment firms operate, that possibility no longer feels far-fetched. For…
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Evolving the VC Model
Speaking at a tech conference, Sarai Bronfeld, Partner at NFX, was quoted in the press as saying that the world of venture capital is changing very quickly. Large American funds are now operating less like traditional investors and more like private equity firms. Instead of waiting a decade for returns, they are actively shaping opportunities…