Sign In
Get Clay Free →

Suggestions

    Michael Dempsey

    Managing Partner at Compound

    Michael Dempsey

    Michael Dempsey is the Managing Partner at Compound, an investment firm based in New York City. He focuses on investing in frontier technologies such as robotics, machine learning, biology, crypto, and more, using a research-centric, thesis-driven approach at the seed stage.1234

    Experience

    • Managing Partner at Compound since September 20161
    • Previously worked at CB Insights as part of the research and data analysis team from April 2014 to January 20161
    • Worked as an Investment Analyst at Crane Partners from November 2011 to March 20141

    Education

    • Graduated from New York University with a Bachelor of Arts in Economics1

    Investing Philosophy

    • Focuses on investing in "former science projects" and crypto6
    • Believes in developing specific year-by-year theses on how certain sectors will play out, acknowledging that 80% may be wrong but aiming for the 20% that are very right5
    • Prefers building one big business in a massive market rather than "narrative expansions"5
    • Invests in contrarian opportunities that are considered "too early or too ridiculous" with no real customers yet5

    Personal

    • Born in LA, grew up in Boston, currently lives in NYC and often travels to SF and LA3
    • Passionate about tech, writing, art, and cocktails3
    • Active on Twitter under the handle @mhdempsey6

    Highlights

    Yesterday · twitter

    The deployment/pacing for @CompoundVC funds have been some of the slowest in all of venture over the past decade (~5 years each).

    We closed fund II in early 2021, sat on it until September 2021 when we called our first capital (20% of fund), and then barely invested from then until March 2023 (we'll be investing this fund deep into 2026 before turning on our next fund).

    This pacing definitely has raised lots of questions from LPs along the way (“Do you have good deal flow?” “Are you able to compete” etc).

    These are reasonable things to ask and definitely at times led to marginal self doubt and reflection, but our view has and will always be to go down on our ship doing what makes sense and is unique to us.

    People like to talk about needing to play the game on the field but I've found that it is far more peaceful and maybe dominant to just play your game as it comes to you. Guess we’ll know in another decade who’s right.

    *this does not include crypto investments, of which almost all were made Q2'22 onward

    The deployment/pacing for @CompoundVC funds have been some of the slowest in all of venture over the
    Yesterday · twitter

    Looking for explorers.

    May 20 · youtube.com
    indie Interview with Michael Dempsey, Managing Partner ... - YouTube
    indie Interview with Michael Dempsey, Managing Partner ... - YouTube
    Jan 18 · The Global Herald
    VC Interest in AI and Machine Learning - The Global Herald - The Global Herald
    VC Interest in AI and Machine Learning - The Global Herald - The Global Herald
    Jan 17 · Bloomberg
    VC Interest in AI and Machine Learning - Bloomberg

    Related Questions

    What are some of the most successful investments Michael Dempsey has made at Compound?
    How did Michael Dempsey's experience at CB Insights influence his investment strategy at Compound?
    What emerging technologies is Michael Dempsey currently most interested in?
    How does Michael Dempsey's background in economics impact his investment decisions?
    What are some unique challenges Michael Dempsey faces as a Managing Partner at Compound?
    Michael Dempsey
    Michael Dempsey, photo 1
    Michael Dempsey, photo 2
    Add to my network

    Experience

    Managing Partner at Compound since Sep 2016
    Research & Data Analysis at CB Insights, Investment Analyst at Crane Partners

    Education

    Bachelor of Arts in Economics from New York University

    Location

    New York, New York, United States