Date: 2026-09-17 Attendees: Michael Houck (Rye Valley), Kyler Miles (PitchBook, Seattle)
Summary
Introductory call with a PitchBook account exec. Michael was a PitchBook user at VentureDoc (Andreessen-led A) until Q1 2023. Now running Rye Valley holdco and actively angel investing; planning to spin up a formal fund in H1 2027, targeting $20M, super early-stage, high-conviction checks. Two GPs confirmed; third in discussion. Michael is the primary seat for now. Kyler outlined the product and process: annual seat-based subscriptions, full data access with no paywalls, starting in the low-to-mid five-figure range. Next step is a 45-min director demo.
Decisions
None finalized. Michael agreed to proceed to a director-level demo.
Action items
- Kyler Miles: email available times for the week of Sep 28 (Michael is traveling the week of Sep 22)
- Michael: book the PitchBook director demo for w/c 2026-09-28
Notable excerpts
“I used to have a PitchBook subscription at my last company, which was VentureDoc… And so now that we’re thinking about spinning up a fund as part of the new company, I just thought it would be good to get back into the product that worked well for us before.”
“We’re targeting $20 million. We’ll see. But I feel pretty good about that number.”
“Super early stage, high conviction checks. We’ll go as early as we want to, basically.”
(Michael noted he just got engaged and bought a house, so H1 2027 fund launch timing accounts for other life events.)