20VC: Flybridge’s Jeff Bussgang on Why It Is Not All About Unit Economics & Why VCs Are Big Data Decision Makers
Jeff Bussgang is a Co-Founder and General partner @ Flybridge Capital, where has made investments in numerous incredible companies including 2 former guests of the show, Jeff Seibert @ Crashlytics (sold to Twitter) and Josh Udashkin @ Raden. Jeff is also a Senior Lecturer @ Harvard Business School where he has co-authored no less than 15 cases. He is also an author having written the renowned, Mastering The VC Game to the acclaim of The Financial Times, TechCrunch, BusinessWeek and more. Jeff also has an incredible blog, Seeing Both Sides, which you can find here.
In Today’s Episode You Will Learn:
1.) How Jeff made his way into VC? How did he come to co-found Flybridge?
2.) To what extent does Jeff believe there is a glass ceiling for people without operations experience to progress up the VC ladder?
3.) How can companies establish cultures and processes when they have to change and reinvent every 6-12 months?
4.) What are venture returns? What metrics does Jeff use to determine his success?
5.) Is a focus on unit economics now one of the only ways to achieve equity value creation? How can consumer adoption drive equity value creation?
Items Mentioned In Today’s Show:
Jeff’s Fave Book: Man’s Search For Meaning by Viktor Frankl
Jeff’s Fave Blog or Newsletter: Mattermark Daily
Jeff’s Most Recent Investment: Sentenai