Uploaded December 2025 | Updated September 2026, 7 hours ago
What do the best seed investors actually look for?
Jeff Clavier breaks down his famous “Three Asses Rule” — a simple framework for early-stage investing:
a smart team, a great product, and a big market.
In this short clip from Invested, Jeff explains how this rule shaped two decades of seed investing and why, at the earliest stages, team quality matters more than anything else.
Topics covered:
• Seed investing fundamentals
• Evaluating startup founders
• Venture capital decision-making
• Early-stage startup strategy
Watch the full conversation on Invested for a deeper look at venture capital from one of the pioneers of seed investing.
What do the best seed investors actually look for?
Jeff Clavier breaks down his famous “Three Asses Rule” — a simple framework for early-stage investing:
a smart team, a great product, and a big market.
In this short clip from Invested, Jeff explains how this rule shaped two decades of seed investing and why, at the earliest stages, team quality matters more than anything else.
Topics covered:
• Seed investing fundamentals
• Evaluating startup founders
• Venture capital decision-making
• Early-stage startup strategy
Watch the full conversation on Invested for a deeper look at venture capital from one of the pioneers of seed investing.





![Fiverr CEO Micha Kaufman: How A Girl and Her Jeep Beat Our $8M Super Bowl Ad | Invested
On this episode of Invested, Michael hosts Micha Kaufman, the founder and CEO of Fiverr - the global freelance marketplace that helped define the gig economy. Since launching the platform in 2010, Micha has led Fiverr from a scrappy, bootstrapped startup into a publicly traded company offering millions of services across hundreds of categories. Before that, he built three other companies and began his career as an intellectual property lawyer, where he was involved in drafting what he describes as Google’s first patent in Israel. A vocal advocate for self-reliance in the age of AI, Micha believes freelancers are better equipped than corporate employees to adapt, automate, and thrive. He recently led Israel’s high-tech delegation to Auschwitz, a personal and national mission to preserve memory and meaning for the next generation.
Please rate this episode 5 stars wherever you stream your podcasts!
KEY TOPICS
[00:05:40] Why Fiverr Launched With a $5 Price Tag
[00:09:28] The Things You Can Do for Five Bucks
[00:17:42] The Infamous Four Seasons Debacle
[00:24:20] AI and the End of Low-Skill Tasks
[00:27:54] Freelancers Upskill Faster Than Employees
[00:33:30] You’re Responsible for Your Career Growth, Not Your Boss
[00:49:14] Automate Yourself, Then Create More Value
[00:58:00] Fiverr’s Mission in an AI-Driven Future
[01:04:32] Going Public: Lessons and Regrets
[01:16:17] Why Micha led a High-Tech Delegation to Auschwitz
RESOURCES
Follow Micha on LinkedIn - https://www.linkedin.com/in/michakaufman/
Follow Micha on X - https://x.com/michakaufman
Subscribe to Invested here: https://content.aleph.vc/invested
Learn more about Aleph: aleph.vc
Sign up for Aleph’s monthly email newsletter: https://newsletter.aleph.vc/
Subscribe to our YouTube channel: https://www.youtube.com/@aleph-vc/
Follow Michael on Twitter: twitter.com/mikeeisenberg
Follow Michael on LinkedIn: https://www.linkedin.com/in/mieisenberg/
Follow Aleph on Twitter: https://twitter.com/mikeeisenberg
Follow Aleph on LinkedIn: https://www.linkedin.com/company/aleph-vc/
Follow Aleph on Instagram: https://www.instagram.com/aleph.vc/
CREDITS
Executive Producer: Erica Marom
Producer: Myron Shneider
Video and Editing: Ron Baranov
Music and Creative Direction: Uri Ar
Content and Editorial: Kira Goldring
Design: Rony Karadi Fiverr CEO Micha Kaufman: How A Girl and Her Jeep Beat Our $8M Super Bowl Ad | Invested](https://i.ytimg.com/vi/QC_DgXcjB9k/mqdefault.jpg)




