In this episode, Joel Palathinkal is joined by Itamar Novick from Recursive Ventures to explore his entrepreneurial journey and transition to venture capital. Itamar shares insights from his role with Life360, highlighting its impact on technology, safety, and tracking, as well as its growth within the senior care market. The discussion covers product-market fit, management strategies, and unit economics for startups, while also delving into exit strategies. They examine the venture capital landscape, emerging manager perspectives, and trends in capital allocation amid the tech recession. The episode concludes with strategies for pre-seed investing and opportunities in AI. (0:00) Introduction and Idamar Novig's background (2:17) Idamar's entrepreneurial journey and lessons learned (8:05) Transition to venture capital and role with Life360 (17:07) Life360's impact on technology, safety, and tracking (22:05) Senior care market and Life360's growth trajectory (25:16) Product-market fit and management strategies (30:07) Unit economics and exit strategies for startups (38:33) The venture capital landscape and emerging manager outlook (46:34) Trends in capital allocation and the tech recession (50:29) Strategies for pre-seed investing and AI opportunities (55:24) Episode summary and closing remarks