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How to Update Industries for Companies Tracked on Affinity

A step-by-step guide on how to update industries for companies tracked on Affinity using LulzAffinity and Chat GPT. The process involves accessing the deal flow list, downloading the deck, and classifying the startup's industry.

By Roy Katzenelson

In this guide, we'll learn how to update industries for companies tracked on Affinity. The process involves accessing the deal flow list in LulzAffinity, downloading company documents like decks, and identifying the industries they operate in. We'll utilize tools such as Google Docs for industry lists and Chat GPT for industry classification. By following these steps, you can efficiently label and update the industries associated with the companies in your tracking system.

Let's get started.

1
Log into affinity

2
open "Dealflow" list

We want to look at companies that have missed opportunities.

We have a variety of items, some of which are quite old. However, for simplicity's sake, let's consider Haystack as an example.

We will check if we have files with them.

I'm looking for one, so scratch all of that.

I'm looking for a document that we have.

3
Search company name

Let's consider one that I know we have documented.

4
Type "company name" and click enter on the right entry

download the deck, based on the deck we will label the industries this company operates in according to the industry list we work with

5
Click on the download
6
Download the file that opened upWe will open the deck, download it, and then navigate to the deal flow list tab.

In the company page on affinity, we'll go to the General tab and look at industries.

7
Click "General"

Now, let's find out the industries in which this company operates. Open the startup verticals document we have on Google Docs.

8
Make sure you are on the 'Updated Industry list' tab

Now we will use the lool Chat GPT industry classifier. To classify a startup, click "Help me classify startup" and send the file. Once it opens, send it to the industry classifier.

9
Click here
10
Upload the file with the company deck
11
Drag "Chiral+Energies+intro+Aug+2023.pdf"

We see it was labeled as clean and sustainable technologies.

12
Drag "●"

Let's make sure it is aligned with our list of industr

Th

13
Go back to the startup vertical doc

14
Click "Carbon capture and"
15
Type "Cmd + C"
16
copy the industry our GPT classifier. Then, return to the Affinity in the Industry tab and add it.

We will copy it. Then, return to the Affinity in the Industry tab and add it.

17
Click here

In this case, we already have it. Typically, we would paste and click it. Then, we'll look at the sub-vertical listed, which is energy storage. This step as the same as before but with the 2nd industry classified

We will look it up again. Here, we see energy storage.

18
Double-click "Energy storage"

We'll copy it as we go back to Affinity, paste it, and click. That's essentially it.

19
Type "Cmd + C"
20
Go back to affinity general tab, click on industry, hit enter when the right industry matches