Packy McCormick

Packy McCormick, widely recognized as the founder of the popular "Not Boring" newsletter, has transitioned his insightful commentary into a distinctive venture capital practice through Not Boring Capital (NBC). His approach uniquely blends deep industry analysis, shared publicly through his writing, with strategic early-stage investments. This content-driven strategy allows him to build rapport and attract promising founders, often before they seek traditional funding, establishing a strong deal flow pipeline rooted in thought leadership.

Not Boring Capital primarily focuses on pre-seed and seed-stage companies, aligning its investment thesis with the future-oriented themes McCormick explores in his newsletter. These often include the creator economy, web3 innovations, frontier technology, and the evolving landscape of work. The firm successfully raised an $8 million Fund I in 2021, followed by a larger $20 million Fund II in 2022, demonstrating a rapid scaling of its investment capacity and investor confidence in McCormick's vision.

NBC typically writes initial checks ranging from $250,000 to $750,000, with the flexibility to extend up to $1 million for compelling opportunities. Beyond capital, McCormick emphasizes providing strategic value to his portfolio companies, leveraging his extensive network and analytical prowess. Notable investments in the Not Boring Capital portfolio include companies such as Farcaster, Warp, Replit, and Varda Space Industries, reflecting a diverse interest across software, infrastructure, and deep tech. His unique model positions Not Boring Capital as more than just a financial backer, but also a strategic partner and thought leader in the early-stage ecosystem.