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BEYOND THE REPORT · A CONVERSATION CARRYING THE RETHINK THESIS FORWARD

Democratizing the venture asset class

How platforms are opening access to world-class deals, and why the quality of that access matters as much as the access itself.

AUGUST 202548 MINGUEST · CALEB (CALI) CHILL

240,000 REGISTERED 8,000 INVESTED OURCROWD
The whole idea was to open up the VC asset class to a much, much wider group of people.
Cali Chill · on why OurCrowd was built
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$2.4BAssets so far, just shy of that: roughly two thirds into startups, one third into funds
240,000 / 8,000People registered on the platform since inception, of whom about 8,000 have actually invested
$10K / $50KMinimum to invest in a startup, and in a venture capital fund
OC50The index product that invested in the next 50 companies to come onto the platform
ABOUT THE EPISODE

Rohit Yadav sits down with Cali Chill, Chief Investment Officer at OurCrowd, covering a wide arc of the venture capital landscape: from the democratization of VC and how platforms are opening access to world-class deals, to different types of investors, to the geopolitical forces reshaping investment priorities, and the risks and why investor education is more critical than ever.

They explore portfolio strategy, fund selection, and the unique challenges of running a global investment platform, all through the lens of someone operating at the intersection of capital, innovation, and global markets.

And it's not just about access, it's about understanding the quality of that access. They discuss how platforms like OurCrowd have enabled opportunities in different formats and how global networks can support company growth. Today OurCrowd has a community of 240,000 people registered on the platform since inception, probably from over 100 countries, of whom around 8,000 have invested, and who contribute not only capital but also expertise, partnerships, and support for portfolio companies.

The underlying idea is simple: how venture can be opened as an asset class to a wider group while still emphasizing rigorous selection standards. The VC world is changing, and it's being rewritten one investor ticket at a time.

IN HIS WORDS
CHAPTERS

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MENTIONED

PLATFORM

FIRM

OurCrowd

Created in 2013 by Jon Medved, based in Jerusalem; accredited investors browse the platform and pick their own deals and funds.

PRODUCT

OC50 and Co-Vest

OC50 indexed the next 50 companies to come onto the platform. Co-Vest is the new product: half into six to nine funds, half into 20 to 25 co-investments, in AI, fintech, cybersecurity, general software and quantum, with no management fee on the fund side.

PORTFOLIO & DEALS

MANAGED

BioCatch, ThetaRay

Two cyber companies backed at the earliest stages, where OurCrowd sits on the board and works closely with the CEO; BioCatch was invested in almost nine years ago.

ACCESS

OpenAI, xAI, Databricks

Late-stage access deals brought onto the platform, entered well after the company is already worth billions.

SECONDARY

NEA strip sale

Fourteen or fifteen prime assets moved into a continuation vehicle, including Databricks and Plaid; normally only reachable by a family office writing a $1M to $5M cheque.

REFERENCE

Google and Wiz

The $32 billion acquisition, cited as evidence of Israel's strength in cyber.

VALUATION

Anthropic

Raised for one investor at $17 billion, then a year later at $63 billion, with reports at the time of recording pointing to $100 billion.

FUNDS THEY BACK

LP POSITION

Harpoon Ventures

Larsen Jensen's fund, where OurCrowd is an LP; Cali calls it a very successful relationship.

EMERGING

Rebel (Los Angeles), Soma Capital

Emerging managers they diligenced heavily; Rebel's Jared uses an AI-driven algorithm to cherry pick companies before demo day, and OurCrowd is a sizeable LP in both of his funds.

BRAND NAME

Tim Draper

The named-brand end of the barbell: a webinar of stories about Tesla and other early bets brought a lot of money in quickly.

SECTOR

Balerion Space Ventures

A space tech fund of mostly dual-use companies, run by Daniel Kleinman; hard to raise for at first, easier now there is a track record.

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