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Attention is earned with a joke
Conviction is earned with a decision
In 2019, a parchment-style bit about “passing on Edison” validated reach.
What followed was a system: public writing → real signal → fast action
Banana Capital is run by Turner Novak as a solo, early-stage firmPre-Seed/Seed, checks up to $250k, investing from Fund IIIFocus spans consumer software, health, fintech, gaming, media, housing, dev tools, B2B, select deeper tech - primarily U.S., with occasional Europe/Asia
No committee rituals. One tight memo. A quick yes/no centered on whether customers pay.Publish where founders live
Move when the graph says go
🎙️ Turner Novak , Founder & Solo GP, Banana Capital on Fondo START pod
00:14 “Edison pass” tweet → humor as distribution
02:26 Michigan roots; internet-native reach -- zip code
06:41 Writing → dealflow: threads, product calls, memes
12:40 The one-page memo: problem, team signal, revenue path
16:51 What VCs really optimize for (promotions vs. returns)
19:01 Fund size, decision paths, and tailoring the pitch
22:05 Mega-fund toe-dips & signaling risk → build inevitability
24:42 Where to find Turner (site, @ThePeelPod, socials)