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There is an interesting piece from The Information that is worth reading, especially for the last sentence of the following excerpt:

"When former Uber executive Rachel Holt and ex-NEA partner Dayna Grayson formed Construct Capital in early 2020, they set out to back companies that many venture capitalists overlook: manufacturing, supply chain and industrial startups.

"Then came the coronavirus pandemic, which threw global manufacturing into disarray and made supply chain problems a household topic du jour. It was a challenging time to launch a fund for industrial and transportation startups, which were suddenly more visible to investors but also roiled by labor and chip shortages and a halt to travel. On Tuesday, the pair announced a new $225 million Construct Capital fund, along with a $75 million fund dedicated to follow-on investments … The pair said they’ll use the new capital to continue investing in seed and Series A deals, as well as to double down on past investments, which include several companies founded by Uber alumni.

"But one sector they’ll continue to avoid is the cash-intensive, overcrowded instant-delivery industry."  (Content's Guy's italics.)

You can read the piece here.