20 VC 071: Pre-Seed Investing, Why Now Is The Best Time with Nicholas Chirls @ Notation Capital

Posted on 14th September 2015 by Harry


Nicholas Chirls is the Founder and Partner @ Notation Capital, one of New York’s genuine pre-seed funds investing in pre-growth startups with huge potential. Prior to Notation, Nichoas was Head of Investment at Betaworks, leading investments in companies such as Electric Objects, Estimote, URX, Namo Media (acquired by Twitter) and Grand St. (acquired by Etsy).

Click To Play

If you would like to email Nick, his email is nick@notationcapital.com

In Today’s Episode You Will Learn:

1.) How Nick made his move into the venture industry?

2.) Who does Nick consider a mentor and thought leader in the VC industry?

3.) Why now is the best time to be a pre-seed fund in NYC?

4.) At the pre-seed stage what metrics does Notation focus on?

5.) How does Nicholas evaluate the valuation ecosystem?

6.) How does Nicholas handle deal sourcing? Where does he find startups to invest in?

7.) Does crowdfunding act as a competing finance method at the pre-seed stage?


Items Mentioned In Today’s Episode:

Nick’s Fave Book: My Brilliant Friend by Elena Ferrante

Nick’s Fave Newsletter: Wait But Why

Nick Most Recent Investment: Zipdrug: Your Prescriptions Delivered on Demand

Best Meditation Apps: Headspace, Calm


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

If you would like to see a more colourful side to Harry with many mojito sessions, you can follow him on Instagram here!


Want the latest 20VC insights?

Get all of the insights from of our latest epsiodes and more in our monthly newsletter. All venture, no spam.