After founding Worklife in 2019, we've worked really hard to bring more data to the earliest stages of company building and invest our own resources to bring original research to topics aligned with areas where we're actively investing.
From our Humanity in the Age of AI report, which covers how the average American feels about how AI can potentially impact their favorite musician, actor, and artists' earnings to areas in which they'd like AI to have little knowledge or control over their daily lives, we ask timely and potentially difficult to answer questions because we want a balanced conversation and feedback from outside the Silicon Valley echo chambers before we make investment decision.
In addition to asking real people tough questions, we've conducted some upbeat surveys to understand how work in changing in light of the pandemic, tech layoffs, return to work, the new administration, AI, and all of the major macro trends that impact our work lives.
Recent studies include: Your co-workers want to see you
Our day jobs used to be our identities, not so much any more
pandemic side projects: creativity, hobbies, and developing new skills
We've also worked closely with Carts to really uncover what's happening across the venture landscape, especially for emerging firms like Worklife who historically have little access to timely data for each vintage. Our founder Brianne Kimmel recently joined Peter Walker, Head of Insights at Carta, for an interesting AI-driven discussion on all things venture, early stage investing, and market trends.
Across the board, Worklife is a top performing fund for our 2019 vintage and one of the only firm's to have any DPI in a murky market where plenty of firms had markups, but have yet to return money to investors.
Here's how we're tracking:
IRR
90th percentile: 18%
Worklife: 30% TVPI
TVPI
90th percentile: 2.14
Worklife: 3
DPI
90th percentile: 0.33
Worklife: 0.6, soon to be 0.7
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