20VC: The On Running Memo: From Swiss Mountains to NASDAQ IPO: The Story of Three Friends Who Built a Sports Giant with David Alleman, Co-Founder @ On Running
31st May 2023
Brett DeMarrais is a Partner @ Ludlow Ventures, who have investments in the likes of ProductHunt, Sprig, AngelList and uBeam. Prior to joining Ludlow, Brett founded Wedit, a crowd sourced wedding video platform that reduced the cost of wedding videos and made them social. Within the first year of launching the company Wedit had won the top industry awards for customer satisfaction (Brides Choice 2012 and Best of The Knot 2012). Previously, Brett worked at Out of the Blue Entertainment.
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In Today’s Episode You Will Learn:
1.) How Brett made his move into VC and came to be a partner @ Ludlow?
2.) What do most VCs mean they say ‘founder friendly’? How does Brett and Ludlow approach the popularised saying?
3.) How does Brett balance between being an investor and advisor to a founder and then being their friend and confidante?
4.) How does Brett look to balance the fiduciary responsibilities to his LPs when appreciating that the needs of the founder come before the needs of the company?
5.) Brett has previously said, ‘car ownership will be a thing of the past’. Why does Brett think this and what does this mean for the car industry as a whole?
Items Mentioned In Today’s Show:
Brett’s Fave Blog and Newsletter: Both Sides Of The Table, Dan Primack: Term Sheet
Brett’s Fave Book: Ready Player One
Brett’s Most Recent Investment: Gather
As always you can follow Harry, The Twenty Minute VC and Brett on Twitter here!
Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.
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