20VC: How Every VC Firm Is A Marketplace, Why A Large Amount of Promise in AI Today Is Impossible & Entrepreneurs 3 Main Pain Points of Fundraising with Alex Mittal, Founder & CEO @ Funders Club

20VC: How Every VC Firm Is A Marketplace, Why A Large Amount of Promise in AI Today Is Impossible & Entrepreneurs 3 Main Pain Points of Fundraising with Alex Mittal, Founder & CEO @ Funders Club

Alex Mittal is the Founder & CEO @ Funders Club, the company that uses software and networks to provide investors with access to the world's most promising startups. Their portfolio includes the likes of Slack, Greenhouse, Shippo and Flexport just to name a few. They are backed by some of the world's leading investors themselves with the likes of Andreessen Horowitz, Y Combinator, Felicis Ventures and First Round Capital. Prior to starting FundersClub, Alex was the founding CEO of Innova Dynamics, a VC-backed touchscreen hardware company, leading the company from university laboratory to securing design-in collaborations with today's major consumer electronics companies. Previously, he was the founding CTO of Crederity, a VC-backed identity and credential verification enterprise software company.

In Today's Episode You Will Learn:

1.) How Alex made his way from YC founder to revolutionizing seed stage investing with Funders Club?

2.) Why is Alex still so bullish on the on-demand space? How does Alex evaluate on-demand startups? What metrics are attractive in the space? What do good unit economics look like for on-demand startups?

3.) Does Alex agree that we are experiencing a AI bubble? Where are the shortcomings in the current state of AI and machine learning? How does Alex expect the space to play out and what does Alex advise entrepreneurs in the space?

4.) What does Alex make of the rise of investing in hard science startups? Why does he get concerned to see traditional software VCs investing in the space? How should VCs view the rise of nontech businesses both in hard science and consumer?

5.) You have said before that 'the API is not in the past but is still to come'. Why are you so bullish on the continued expansion of APIs? Where do the inherent oportuities and use cases remain?

Items Mentioned In Today's Show:

Alex's Fave Book: The Art of War by Sun Tsu

Alex's Fave Blog: Eric Newcomer, Mattermark Daily

As always you can follow Harry, The Twenty Minute VC and Alex on Twitter here!

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

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20 VC 003: Bob Ghoorah on Startups, The Pitch and Uber

20 VC 003: Bob Ghoorah on Startups, The Pitch and Uber

On today's episode I am thrilled to welcome Bob Ghoorah, Managing Director at Columubus Nova Technology Partners. Bob has experienced both sides of the table having been an early employee at three technology companies in Silicon Valley; LoudCloud (Nasdaq: LDCL), Opsware (Nasdaq: OPSW) and Ning, a privately-held software platform (sold to Glam Media in 2011). In this episode we find out: The benefits of having a legal knowledge in the Startup community. What characteristics make the best entrepreneurs? Who does Bob think of, when the word 'success' is mentioned and why? Where Bob sees the future of Uber? What aspects of a Startup are essential in order to obtain VC funding? Is it important for Startups to be located in Silicon Valley? What books Bob woulg give to an aspring entrepreneur and startup founder? What advice Bob would give to anyone looking to get into the Venture Capital Industry? Finally, we head to the quick fire round. Here, we get Bob's immediate reactions to the latests tech topics including tech bubble, company valuations and the first trillion dollar company. For all the resources mentioned in todays show head over to The Twenty Minute VC.

13 Tammi 201522min

20 VC 002: How to become a VC with Kris Jones

20 VC 002: How to become a VC with Kris Jones

In this session of The Twenty Minute VC, I'm so excited to have the opportunity to interview Kris Jones. Kris has enjoyed an amazing career in the technology industry, founding PepperJam, an internet marketing agency in 1999 and later selling it to Ebay in April of 2010. More recently, Kris has made his transition into the Venture Capital Industry through the founding of an early stage technology investment fund, KBJ Capital, which includes portfolio companies Highlighter.com, French Girls App, ReferLocal.com, LSEO.com and many more incredible companies. In this session you'll learn: Why Kris decided to make the transition from the Startup ecosystem to the world of Venture Capital. How did it feel for Kris, selling his company to Ebay? What was the most important lesson Kris learnt in the journey from having the idea for PepperJam to being acquired by Ebay? What is the key characteristic a Founder must have? What can an individual do to get employed in the Venture Capital industry. Kris is also a prolific writer here are some of his articles, you can check out! Forbes: 15 Steps to Set Your Company Up for a Successful M&A Mashable: 9 Ways Social Media Marketing Will Change in 2014 Citibank: How to Impress a Potential Investor

13 Tammi 201522min

20 VC 001: Guy Kawasaki of Apple, Motorola and AllTop.com

20 VC 001: Guy Kawasaki of Apple, Motorola and AllTop.com

Welcome to the 1st episode of The Twenty Minute VC, on today's show we have Guy Kawasaki, Guy is the Founding Partner of Garage Technology Ventures, a seed & early stage venture capital fund investing in extraordinary entrepreneurs with unique technologies. Previously, he was Chief Evangelist of Apple Inc and an advisor to the Motorala Business Unit of Google. Guy is also the author of many best selling books including the recent best seller, The Art of Social Media: Power Tips for Power Users. In this episode we delve into: Why Guy made the transition into the VC industry? What is the most important aspect for a startup to have? What drives Guy insane about startup founders today? What books Guy gives to aspiring entrepreneurs? What software & apps Guy cannot live without? We then finish on a quick fire round where we discover Guy's thoughts on the future of Amazon, Tesla and whether we really are in the midst of a tech bubble. All of the products mentioned in todays show can be found at www.thetwentyminutevc.com If you love the show, please do leave a review on the iTunes store and don't forget to subscribe!

13 Tammi 201519min

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