20VC: How To Design Investment Decision Making That Allows For Outliers, Why Personal Voice Computing Is The Next Big Platform & The Challenges That Could Prevent It with David Beisel, Founding Partner @ NextView Ventures
David Beisel is a co-founder and Partner at NextView Ventures, one of the East Coast’s leading early stage funds with their recent $50m seed fund being announced just this month. David was most recently a Vice President at Venrock and previously a Principal at Masthead Venture Partners. Prior to becoming a venture capitalist, David co-founded Sombasa Media, an e-mail marketing company best known for its flagship product BargainDog. Sombasa was successfully acquired by About.com where David served as Vice President of Marketing.
In Today’s Episode You Will Learn:
1.) How David made his way into the world of early stage venture and came to co-found NextView?
2.) How did Nextview design an investment decision-making process that allows for outliers to get through? How does this change with the decision for follow on investment?
3.) Why should firms write investment memos for every investment, regardless of stage and sector? How can firms implement a voting process that is both rigourous yet innovative?
4.) Why is David so excited by the voice computing space? With incumbents like Google and Amazon dominating, where is the opportunity for startups to play? Why does David believe that voice is the most natural user interface possible?
5.) Why does David believe distribution is one of the biggest challenges facing startups today? What does David look for in founders that suggest inherent knowledge of marketing and distribution prowess?
Items Mentioned In Today’s Show:
David’s Fave Book: Look Homeward, Angel
David’s Most Recent Investment: Skyways
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