Jake Storm is a partner at Felicis Ventures who was named one of Business Insider's 2023 "Rising Stars of Venture Capital" after being promoted to partner in 2023 following his 2021 arrival at the firm, where he has backed companies like Oso, Tines, and Resourcely. He builds relationships through unconventional activities like skydiving, Ferrari racing, and boat outings to connect founders with customers and investors, while focusing his investments on modern software infrastructure and security tooling for developer teams.
What they've been talking about across their social media accounts

- Prioritizing artificial intelligence applications in cybersecurity, particularly the challenge of safely deploying autonomous agents in enterprise environments. The central thesis is that legacy identity and access systems fail because agents act unpredictably, meaning security teams need entirely new frameworks for governance. There is also a strong belief that artificial intelligence will solve the massive security labor shortage by automating penetration testing and entry-level analysis, demonstrated by investments in companies like Terra Security which uses agents to keep pace with rapid software releases, and Runlayer for safe enterprise integration.
- Investing heavily in national defense and mission-critical systems where absolute reliability is a requirement rather than a preference. The underlying point is that educated guesses from generative models are unacceptable for military, financial, and infrastructure software, which all demand highly secure foundations. A specific example of this thesis in action is supporting defense technology startups that are building frontier labs to digitize military decision-making, aiming to replace outdated analog methods like manual math and whiteboards.
- Identifying foundational enterprise data as the primary bottleneck preventing real artificial intelligence adoption. A recurring observation from conversations with enterprise security leaders is that corporate data has become overwhelmingly complex and costly to manage. This perspective was clearly outlined during a discussion with Snowflake leadership, pointing out that organizations have zero chance of deploying successful automation if they have neglected reconciling their internal data models for years.
- Looking for founders who build durable competitive advantages through intense customer devotion and extreme execution speed rather than just relying on novel technology. The ideal profile is an entrepreneur who solves firsthand operational pain for frontline workers and proves their value by being highly responsive during an emergency. The founding team at Tines was highlighted as a perfect example of this, having built their success entirely around a culture of extreme dedication to making their users successful.
- Engaging with the technology community through physical fitness and combat sports rather than traditional corporate networking. A highly relevant relationship-building angle for a founder would be discussing physical training or martial arts, as demonstrated by organizing industry events at major security conferences where startup founders physically train alongside mixed martial arts hall of famers and professional athletes.
Video Interview
On the one slide that matters most and the one founders waste time on
"I actually think the part that people over-index on is TAM slides. The reason they do that is it's a very academic way of proving the TAM. What we're actually trying to understand is the why now. That's the most important slide... The TAM slide is a rudimentary approach to articulating why there will be market pull. What you're saying is there are dollars here, but that's not really telling us we can take them for this reason."
On what kills a first meeting
"If we've gotten through 15 or 20 minutes of the meeting and we still don't really understand what makes the company or the team or the approach unique, that critical insight is often very hard to recover."
On how to ask investors if they actually show up for founders
"I encourage founders to ask, if you as an investor have pinned conversations in your messaging apps, like text, iMessage, Signal, whatever, how many of the founders you work with are pinned at the top? Meaning how much do you actually work with your founders? Because I think that that's a very direct way to understand how they view their relationship with the founders."
On cold outreach and what actually works
"Lowest priority would be cold message, boilerplate, no context, just like here's who I am and that's it. That's gonna be very hard. Second best would be here's a cold message but there's context, it's customized for that particular investor, there's a unique insight... I personally will still answer many, many cold messages as long as they're customized."
On the three reasons startups fail
"People assume that finding product market fit is a one and done, that it only happens one time and then that's it. The reality is you need to find product market fit repeatedly... Companies built 20, 30 years ago, they're transitioning to be AI companies and they're still struggling now, obviously with the benefit of distribution, but they're still fighting to find product market fit."
About their Fund
Sectors
AI, Devtools, Data, Health, Deeptech / Hardware
Rounds
Seed - Series B+
Avg Check Size
$2M - $40M
Notable Investments
Felicis explicitly defines founders as their "customer" rather than LPs and has publicly committed to always vote with founders in board matters, while also creating a "1% Founder Development Pledge" that provides additional non-dilutive capital specifically for founders' personal development like coaching and therapy. The firm systematically optimizes for "revenue efficiency" and backs geo-agnostic teams outside Silicon Valley, focusing on two specific archetypes: "reinvention" of large existing markets with 10x better products and "frontier" solutions in areas like longevity and engineered foods.
Notable Fund
Investments
Is this information out of date? Let us know
Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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