The venture capital industry is stuck in 1970, relying on manual processes and groupthink while the startups it funds reshape the world. Joseph Pizzolato is breaking the mold at Defiant VC by dedicating a third of his budget to proprietary software that slashes diligence time from weeks to hours. While the rest of the market chases the AI hype cycle, Pizzolato is taking a contrarian stand, focusing on the infrastructure of the 'modern data stack' and building a fund that looks more like a tech company than a bank.