Work With Me — Porch Capital

🧠

Thought

Narrative, Positioning & Market Intelligence

Move out of feature competition and into narrative advantage.
Craft how the company is understood by investors, partners, and markets.
Turn complex technology into clear, differentiated positioning.
Present the company the way it should be seen.
Pattern recognition from being early to multiple waves — and knowing what that looks like from inside.

💰

Capital

Strategy & Transactions

Bring an operator + investor lens to how deals actually get done.
Advise on how, when, and whether to raise capital.
Shape fundraising strategy, positioning, and timing.
Think through strategic transactions, partnerships, and outcomes.

🚀

Growth

Connections, GTM & Market Access

Connect to the right investors, operators, and partners.
Frame the interaction — not just the intro.
Think through go-to-market at inflection points.
Built across banking, hedge funds, big tech, and venture.
Used selectively, where it creates real leverage.

About

Around the table from most sides. (Now calling it From the Porch.)

David Levy is a founder, operator, investor, and financier — currently focused on GPU-enabled compute and AI infrastructure. He believes that real markets get made where infrastructure meets capital, and that startups are the leading indicator of enterprise tech adoption.

David helped finance the dotcom boom (for better or worse), founded two companies (and sold one), was EIR at Comcast Ventures and Broadway Video Ventures, and spent ten years co-building the startup teams at AWS and Stripe.

He is an investor in CoreWeave (pre-IPO), Groq (acquired by Nvidia), and Crusoe; and earlier, in Twitter and LinkedIn pre-IPO. He is an advisor to companies including Makora and Paperspace (acquired by Digital Ocean). And he is Venture Partner at ERA, mentor at Techstars, and an LP in Eniac Ventures and Factorial Capital.

David graduated from Penn's Jerome Fisher Program in Management & Technology and lives in the Boston area with his family. After 26 years in NYC, he calls it the Smaller, More Upper East Side.

LinkedIn · X · Substack

The arc

Three decades at the intersection
of capital and compute

Each cycle taught something different. Click an era to explore.

1997–2004 Banking

2004–2013 Investing

2010–2014 Founder

2014–2023 Big Tech

2023–Now AI Infra

1997–2004

Banking & Research

ING Barings and JPMorgan H&Q during the dotcom boom. One of those smart-ass inexperienced analysts — Ferragamo tie, big paycheck, bigger ego, no experience, no clue. Covered Internet infrastructure companies, earned Institutional Investor Homerun Hitter in 1998, and watched the whole thing rise and fall from inside the machine. The lesson: cycles are real, timing is not. And the companies that build the actual physical infrastructure — the Equinix types — survive every wave.

ING Barings JPMorgan H&Q Internet infrastructure Equity research Dotcom

2004–2013

Hedge Funds & VC

MLH Capital and Ardsley Partners on the hedge fund side. Comcast Ventures and Broadway Video Ventures as VC/EIR. Fund investments in Eniac Ventures, Factorial Capital, and Symmetry Peak. Early calls on social, mobile, and cloud computing. This is where the difference between seeing something early and having the conviction to act on it became clear — they're not the same skill.

MLH Capital Ardsley Partners Comcast Ventures Eniac Ventures Factorial Capital

2010–2014

Founder × 2

Tigerbow: real gifts sent to email addresses. Two to three years of blood and fundraising. Failed. Philo: social television check-in. Launched in 2010, pioneered the category, sold the company. Also failed in the sense that mattered. Both post-mortems are public because transparency about failure is underrated in a world that mostly celebrates wins. And both working prototypes could be rebuilt in a weekend now. That delta is the thesis.

Tigerbow Philo Consumer tech

2014–2023

AWS & Stripe

Co-built the startup team at AWS. At joining, ~100% of startups ran on cloud but cloud was under 10% of enterprise IT spend. Co-authored the playbook that helped flip that ratio. Then Stripe — same mission, different layer of the stack. Nine years inside two of the defining infrastructure companies of the cloud era. The best seat for understanding how technology gets adopted at scale, and why the gap between startup adoption and enterprise adoption is the most reliable signal in tech.

Amazon Web Services Stripe Startup GTM Cloud adoption

2023–Now

AI Infrastructure

Porch Capital. Advising and investing at the intersection of AI infrastructure and capital markets. CoreWeave (IPO 2025), Groq (mostly acquired by Nvidia 2025), Crusoe, and a growing roster of companies building the physical and computational layer of the AI era. Writing "From the Porch" for investors, operators, and people who like to get in early. And building STAX — a system for reading startup architecture as a forward curve for public market earnings.

CoreWeave Groq Crusoe AI infrastructure STAX