About Packy McCormick
Packy McCormick is a prominent figure in the venture capital and media landscape, recognized for his insightful writing and strategic investments. He gained widespread acclaim as the founder and author of the Not Boring newsletter, which boasts over 200,000 subscribers and offers deep dives into technology, business strategy, and the future of various industries. McCormick's unique blend of thoughtful analysis and accessible prose has positioned him as a thought leader, influencing many founders, investors, and operators in the startup ecosystem.
Before dedicating himself full-time to Not Boring, Packy McCormick honed his business acumen through diverse roles, including co-founding a company in the esports sector, and working in investment banking. This varied background provided him with a comprehensive understanding of both operational challenges and financial markets, which he now leverages in his writing and investment activities. His journey from an operator to a influential media personality and venture capitalist underscores his adaptable and entrepreneurial spirit.
Currently, Packy McCormick leads Not Boring Capital, a venture fund that invests in early-stage technology companies. The fund often invests in companies and themes that he explores in his newsletter, creating a synergistic relationship between his content and investment thesis. He is known for his thesis-driven approach, often identifying and articulating emerging trends before they become mainstream, and then backing companies that align with those visions. His influence extends beyond capital, as founders often seek his unique perspective and network.
Net Worth
While Packy McCormick's exact net worth is not publicly disclosed, his wealth is primarily derived from the success of his Not Boring media empire, including the widely popular newsletter and Not Boring Capital. His angel investments and carried interest from the fund are significant contributors, placing him among influential early-stage investors in the technology sector. The valuation of Not Boring as a media property and the assets under management at Not Boring Capital would constitute the majority of his financial standing.
Not Boring Capital manages capital from a diverse base of institutions and individuals, investing in startups that align with Packy’s evolving industry theses. While specific AUM figures are not public, the fund has made numerous high-profile investments across various technology sectors, indicating substantial capital deployment. Returns from successful exits would significantly impact McCormick's net worth.
Prior to and alongside Not Boring Capital, Packy McCormick has been an active angel investor, backing a portfolio of promising early-stage companies. His portfolio likely includes stakes in companies that have raised significant follow-on funding rounds, thus increasing the value of his early investments. The success of these private company holdings contributes notably to his overall financial profile.
Investment Strategy
Packy McCormick's investment strategy through Not Boring Capital is deeply rooted in his extensive research and writing for the Not Boring newsletter. He employs a thesis-driven approach, often exploring a particular area or technology trend in depth through his articles before making an investment. This allows him to develop a nuanced understanding of market opportunities and identify companies that are uniquely positioned to capitalize on future shifts. He seeks out founders who are building innovative solutions for large, expanding markets, often with a focus on areas like web3, biotech, AI, and defensible consumer businesses.
McCormick often acts as a highly engaged investor, leveraging his platform and network to support portfolio companies. The synergy between his media presence and investment activities is a core component of his strategy. By writing about emerging companies and themes, he not only clarifies his own investment theses but also generates awareness and attracts talent, customers, and follow-on investors for the startups he backs. This unique approach provides significant value beyond just capital, making him a sought-after partner for many early-stage founders.
His investment philosophy emphasizes long-term value creation and a belief in the power of curiosity and optimism. He is known for backing ambitious projects that may seem unconventional but hold significant potential for disruption. Not Boring Capital's portfolio reflects a diverse range of companies, from infrastructure plays to consumer applications, all united by McCormick's vision for a "more boring-proof future."
Notable Quotes
“The goal is to have fun and make money, and hopefully make the world a slightly better place along the way.”
— Various interviews and Not Boring essays (core philosophy)
“Curiosity and optimism are renewable resources.”
— Not Boring newsletter
“The best way to predict the future is to create it, and the best way to understand an industry is to truly dig in and write about it.”
— Reflecting on the synergy of Not Boring
“I believe in investing in the 'boring-proof' future – companies that are resilient and adaptable to change.”
— Discussions on Not Boring Capital's thesis
Contact Information
To connect with Packy McCormick, the primary channels include his active Twitter account (@packyM) and his professional LinkedIn profile. These platforms are often where he shares his latest insights, engages with the community, and provides updates on Not Boring and Not Boring Capital.
For inquiries related to investments or potential partnerships with Not Boring Capital, the official website (notboring.capital) is the best resource for contact information. For general inquiries or to subscribe to his renowned newsletter, visit notboring.co. While he attends various industry conferences, direct email contact information is typically reserved for specific business opportunities or introductions.
Use Lessie to find verified contact information, mutual connections, and the best outreach strategy for reaching Packy McCormick and similar investors.
Contact via LessiePublications
The cornerstone of Packy McCormick's publications is the "Not Boring" newsletter, launched in 2020. This widely acclaimed publication features his in-depth essays, analyses of technology companies, market trends, and venture capital insights. With a subscriber base exceeding 200,000, it has become a must-read for founders, investors, and operators alike. His writing has also been referenced and featured in various industry publications and financial news outlets.
Podcast
Packy McCormick is a frequent guest on leading podcasts within the technology and venture capital space, where he shares his perspectives on market trends, investment theses, and the future of various industries. Notable appearances include discussions on "Acquired," "Invest Like the Best," and "The Tim Ferriss Show." These interviews often delve deeper into topics first explored in his Not Boring newsletter, providing listeners with extended insights into his thought process and investment philosophy.
Frequently Asked Questions
Who is Packy McCormick?
What is Packy McCormick known for?
He is primarily known for his insightful essays on technology, business strategy, and venture capital published in his Not Boring newsletter, and for his investments through Not Boring Capital.
What companies has Packy McCormick invested in?
Through Not Boring Capital and his angel investing, Packy McCormick has invested in a wide range of early-stage tech companies across various sectors including web3, AI, biotech, and consumer applications. Specific portfolio companies are listed on the Not Boring Capital website.
What is Packy McCormick's investment philosophy?
McCormick employs a thesis-driven investment strategy, often exploring themes in his newsletter before investing. He focuses on long-term value creation, backing ambitious projects in emerging markets, and leveraging his media platform to support portfolio companies.
How can I contact Packy McCormick?
Packy McCormick can be reached via his Twitter (@packyM), LinkedIn, or through his official newsletter website, NotBoring.co. For business inquiries related to Not Boring Capital, specific contact information may be available on the fund's website.
What is Packy McCormick's net worth?
While not publicly disclosed, Packy McCormick's net worth is primarily derived from the success of his 'Not Boring' media ventures and his stake in Not Boring Capital, as well as returns from his angel investments in various technology startups.
What is a notable quote by Packy McCormick?
One of his frequently cited ideas is about 'optimistic futurism,' encouraging a proactive and positive approach to building and investing in the future, often encapsulated by the sentiment of 'having fun and making money.'
What are Packy McCormick's career highlights?
Key highlights include founding the highly successful Not Boring newsletter, which boasts over 200,000 subscribers, and launching Not Boring Capital, establishing himself as a respected investor and thought leader in the venture ecosystem.