Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here.
It took me a while, but I’m realizing that my startup love language is discussing any attempts to standardize the opaque and often informal world of venture capital. The clear tension is what entices me: How do you automate a process such as writing checks, which requires human buy-in and the art of trust in a way that leaves both parties happy.
There are funds that invest entirely based on data. Or tools that help startups see all their financing options at the drop of a profile. Or, as I covered this week, a tool for startups that lets companies simultaneously blast out the same application — or pitch — to multiple angel and pre-seed investors.
The tool, started by pre-seed firm Afore Capital, is base …