20 VC: Investing in Hardware and The Future of IOT with Kate Shillo, Director @ Galvanize Ventures
1.) How Kate made her way into the world of startups and investing?
2.) What were the biggest takeaways from Kate’s time at Lerer Hippeau Ventures and working with the amazing Ken Lerer?
3.) What was it about Galvanize that made Kate leave LHV and Kate provides a brief synopsis on Galvanize Ventures? Sectors? Stage? Geography?
4.) With 42 investments since Feb 2014. What is the strategy at Galvanize? Galvanize’s sector weighting is largest in mobile, how does Kate view the space and how would Kate respond to the likes of Fred Wilson stating consumer mobile is very difficult with difficult customer acquisition and then even harder, customer retention?
5.) How has the process been for Kate in establishing the fund? What are Kate and Galvanize’s key differentiators to the sea of other NYC seed funds? How does Kate approach deal sourcing at Galvanize? If investing outside the Galvanize community, what channels are the preferred channels?
6.) Why is Kate so excited about hardware? Where does Kate see the future of IOT going? Is crowdfunding an option for hardware startups?