20VC: Why VC Is A Lifestyle Not A Job, Why You Must Do Post-mortems On Good and Bad Deals & Why Society Is On A Downgrade with Kathleen Utecht, Managing Partner @ Core Innovation Capital

Kathleen Utecht is a General Partner @ Core Innovation Capital, I would say one of the most under the radar but immensely exciting funds in market and they are looking to revolutionize financial services with their portfolio. With their portfolio are the likes of NerdWallet, PayJoy, fundera and Mayvenn just to name a few. Prior to Core, Kat was an investor at Comcast Ventures and WVP Ventures. Prior to her venture roles, Kath invested in and led Green Rock Entertainment, an online/offline commerce startup. Before that, Kat cut her teeth in the world of finance working as an investment banker at Raymond James.

In Today’s Episode You Will Learn:

1.) How Kat made her way from car entrepreneur dreams to operator to now, General Partner @ Core?

2.) Why does Kat believe that "society is on a downgrade"? Does Kat agree with the Thiel thesis of "we Continue reading "20VC: Why VC Is A Lifestyle Not A Job, Why You Must Do Post-mortems On Good and Bad Deals & Why Society Is On A Downgrade with Kathleen Utecht, Managing Partner @ Core Innovation Capital"

20VC: USV’s Andy Weissman on The Future of The VC Industry, Why USV Does Not Vote On Investment Decisions & Why VCs Should Be Invisible

Andy Weissman is a Partner @ Union Square Ventures, one of the world’s leading VC firms with investments in Twitter, Twilio, Zynga, Soundcloud, Tumblr, Lending Club and many more. At USV, Andy sits on the boards of YouNow, ScienceExchange, Figure 1 and previous guest, CircleUp. Prior to joining USV, in 2007 he co-founded betaworks, which both created and invested in social, real-time applications and services. You can also check out Andy's fantastic blog here.

In Today’s Episode You Will Learn:

1.) How Andy made his way into the world of startups and investing, came to found Betaworks and then made the move to USV?

2.) Andy has previously said the business "is more about luck than skill and process rather than foresight". Why does Andy place so much emphasis on process? How has Andy seen his process evolve over the years? How does the process of an Continue reading "20VC: USV’s Andy Weissman on The Future of The VC Industry, Why USV Does Not Vote On Investment Decisions & Why VCs Should Be Invisible"

20VC: How To Run The Perfect Fundraising Process, Why Time Kills All Deals & Why You Have To Get VCs Out Of The Board Room with Wayne Chang, Serial Entrepreneur & Angel Investor

Wayne Chang is a serial entrepreneur and angel investor. His latest company, Crashlytics, was acquired by Twitter in a 9-figure acquisition, its largest acquisition at the time. 5 years later, Crashlytics was acquired again, this time by Google. Wayne is also a prolific angel investor with a portfolio that includes the likes of OpenDoor, SoFi, Gusto, JetSmarter and Planet Labs just to name a few. If that was not enough, Wayne is also a limited partner in several prominent funds including the likes of 137 Ventures, Baseline Ventures, and Boston Seed Capital.

In Today’s Episode You Will Learn:

1.) How did Wayne make his way into the world of founding tech companies and what was the founding story with Crashlytics?

2.) Why does Wayne believe that one of the first hires founders must make is a recruiter? What are the benefits of having this as a dedicated Continue reading "20VC: How To Run The Perfect Fundraising Process, Why Time Kills All Deals & Why You Have To Get VCs Out Of The Board Room with Wayne Chang, Serial Entrepreneur & Angel Investor"

20VC: Why Investors Have The Biggest Problem with Bias, Why Our Job Is To Maximise Risk & Why It Is Essential To Get Good at Losing with True Ventures Founder, Jon Callaghan

Jon Callaghan is a founder of True Ventures, one of the West Coast's leading early stage funds with a portfolio including the likes of Fitbit, recent unicorn Peloton, Automattic (makers of Wordpress) and more amazing companies. Jon also led the deals and sits on the board of Fitbit, Brightroll, Peloton and Glu Mobile, just to name a few. Prior to True, Jon founded 3 of his own companies, the first being in 1986 with Mountain Bike Outfitters Inc. Following several years founding companies, Jon made his move into VC with Summit Partners and then enjoyed roles with AOL's venture incubator, CMGi's Venture group and Globespan Capital.

In Today’s Episode You Will Learn:

1.) How Jon made his first forays into the world of VC and came to co-found True with Phil Black?

2.) How does Jon look to straddle the divide of "founder/VC"? Why does Jon believe it Continue reading "20VC: Why Investors Have The Biggest Problem with Bias, Why Our Job Is To Maximise Risk & Why It Is Essential To Get Good at Losing with True Ventures Founder, Jon Callaghan"

20VC: True Ventures Founder, Phil Black on 4 Major Risk Categories for Startups, Why The Funding Gap Is At The “Rational B” Round & Why VCs Must Start Small But Think Big

Phil Black is a founder of True Ventures, one of the West Coast's leading early stage funds with a portfolio including the likes of Fitbit, recent unicorn Peloton, Automattic (makers of Wordpress) and more amazing companies. Prior to True, Phil learnt the craft of venture at Summit Partners and at the predecessor firm to Lightspeed Venture Partners. However, it was in 2003 that Phil co-founded a small angel fund, Blacksmith Capital with the mission to prove his thesis that great founders of early stage technology companies can and often prefer to start their businesses and get a lot of traction with $2.5 million or less of initial funding.

In Today’s Episode You Will Learn:

1.) How Phil made is first forays into the world of VC and his big learnings in the early days of cutting his teeth in the industry?

2.) What were the big takeaways for Phil from experiencing the massive Continue reading "20VC: True Ventures Founder, Phil Black on 4 Major Risk Categories for Startups, Why The Funding Gap Is At The “Rational B” Round & Why VCs Must Start Small But Think Big"

20VC: What Is The Big Lie To Silicon Valley, Why Silicon Valley Is No Longer Optimised For Deep Tech Investing & Why AI Will Lead To More Business Model Innovation Than Technology Innovation with Tim Harris, Founder & CEO @ Swift Navigation

Tim Harris is the Founder & CEO @ Swift Navigation, the startup focused on building a world-class organization that will power the next generation of GPS-enabled robots and autonomous vehicles. They have raised over $45m in VC funding from some of our favourites including the likes of First Round, Felicis, Lemnos Labs and NEA. As for Tim, prior to Swift Tim held numerous roles from supply chain consulting to corporate finance encapsulating strategic partnerships and M&A.

In Today’s Episode You Will Learn:

1.) How Tim made his way from supply chain consulting to providing navigation for an automated future with Swift?

2.) Why does Tim believe that Silicon Valley is no longer optimised for deep tech creation and investing? Why does Tim believe we have seen the transition in Silicon Valley from technology innovation to business model innovation? Is this a problem?

3.) Tim has said before Continue reading "20VC: What Is The Big Lie To Silicon Valley, Why Silicon Valley Is No Longer Optimised For Deep Tech Investing & Why AI Will Lead To More Business Model Innovation Than Technology Innovation with Tim Harris, Founder & CEO @ Swift Navigation"

20VC: Why AI Is More Artificial Than Intelligent, Why Engineering-centric Founders Are Able To Pivot Best & Why Startups Are Like Games with Alina Cohen, General Partner @ Initialized Capital

Alina Cohen is a General Partner @ Initialized Capital, one of Silicon Valleys leading early stage seed funds. Their portfolio includes the likes of recent unicorn, Coinbase, Flexport, Cruise Automation, OpenDoor and many more incredible companies. As for Alina, prior to Initialized, she ran tech investments for Tamares Group, the first outside investor in Palantir, and previously founded Recrec, a computer vision startup which was acquired by Facebook, where she worked on Platform and Groups.

In Today’s Episode You Will Learn:

1.) How Alina made her way from selling her computer vision startup to Facebook to GP with one of SF's best new seed funds, Initialized?

2.) Why does Alina think gaming is so similar to start-ups? What core components are the same? What about gaming led Alina to realise there were secrets to the world of starting companies and growing startups in Silicon Valley?

3.) Continue reading "20VC: Why AI Is More Artificial Than Intelligent, Why Engineering-centric Founders Are Able To Pivot Best & Why Startups Are Like Games with Alina Cohen, General Partner @ Initialized Capital"