Gabriel Matuschka co-founded Fly Ventures after being a founder himself, including co-founding travel startup TripHunter which was acquired by brands4friends, and he positions himself as a first check for technical founders solving hard problems rather than incremental convenience apps. He advocates a distinctive first and last bets AI strategy where Fly either backs the first credible team in a frontier space or a last bet in crowded but unsolved categories, while consciously avoiding the noisy middle of hyped valuations.