My Entrepreneurship Class at Barnard's Athena Center for Leadership Studies

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I was asked recently if I would teach a class entitled "What You Need to Know When Starting a New Business" on Sept 27th at Barnard College. Having had a chance over the last year to get to know some of the great people at Barnard's Athena Center, I accepted with enthusiasm. I'm a big supporter of their mission.

The evening class is part of the many offerings Barnard College's Athena Center for Leadership Studies which is dedicated to the advancement of women leaders.

So if you're a woman who is starting her first business this may be of interest for you. Details are below. The class costs $199, all of which goes to support the great programs at Barnard- I do not accept compensation. So, if you are interested click on the link below where you'll be able to regoster and I'll see you soon.

Launching a new business can be daunting. What are the steps you need to take to maximize your chances of success? What are the typical mistakes you need to avoid?  In this class we focus on getting fledgling entrepreneurs prepared to get through this difficult process with every advantage possible.

Date: Tuesday, September 27, 2011
Time: 7pm - 9pm
Location: 5th Floor, Diana Center, Barnard Hall

 

Venture Studio (22): Reece Pacheco, CEO of Shelby.tv

 

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I recently met with the entrepreneur who's trying to transform the way we share, discover and enjoy web video. Reece Pacheco, CEO of Shelby.tv and his team can take all the videos you've been linking to on facebook and twitter and pull them all together into a custom channel for you. They're making discovery and sharing a lot easier, more personalized and of course- enjoyable.

Reece also has a really unique background having traveled the world and worked in Hollywood for a while after his Brown University years and also having been a professional lacrosse player before diving into tech entrepreneurship! He also founded TeamHomeField with Joe Yevoli before launching Shelby.tv which is still going strong. Reece founded Shelby with his good friend Dan Spinosa who he met while they were students at Brown.

Everyone who knows him knows that Reece is an entrepreneur who is all about teamwork, hustle and making it happen- hope you enjoy this as much as I did.

Follow Reece on Twitter

00:11 - What is Shelby.tv and how does it get viral?

00:52 - How did it all come together?

2:05 - How Reece approached the investment community (great stuff here!)

3:53 - Reece describes the TechStars experience, the mentors, speakers, month-by-month process

4:45 - Cracking the big problem of sharing video on the web

6:01 - Walking off stage at TechStars demo day & being intro'd to investors

 

For the full interview click on the image of Reece just below:

Reece Pacheco

 

Venture Studio (21): Stacy Spikes, CEO of MoviePass

 

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Are you one of those people that actually loves going to the movies? Do you like to go with the family, a date, or solo? Whatever it is- has Stacy Spikes has got a deal for you! In this conversation learn what Stacy, CEO of MoviePass is up to. He's trying to change the way the whole movie-going experience works. Others are obviously big believers- he's backed to the tune of $1.5MM in seed money from the likes of AOL Ventures and True Ventures. You also have to listen to the story of what he's gone through as an entrepreneur to make MoviePass a reality. It's real-life stuff we entrepreneurs benefit from hearing about. Stacy came up in the business at Miramax and then deepened his experience in the space by founding urbanworld and growing it into the largest minority film festival in the world.

For the full interview click on the image of Stacy below:

Stacy Spikes

Venture Studio (20): Ari Jacoby, CEO of Solve Media

If you're curious about what kind of entrepreneur it takes to get funded by the likes of Chris Dixon, Roger Ehrenberg, Aydin Senkut, Brian O'Kelly, First Round Capital and AOL Ventures- have a listen.

I recently sat down with 3x entrepreneur Ari Jacoby, CEO and co-founder of Solve Media. Ari's a super-smart guy who somehow found time between various startups to work at Reed-Elsevier and Google. In our talk you'll hear just how he's positioned Solve to replace traditional CAPTCHAS in a very clever manner that actually generates revenue for publishers and improves user experience. Enjoy.

There are two videos following. The one just below is a description of Solve's product:

For the full interview click on the image of Ari below:

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Venture Studio (19): Lee Hoffman, CEO of Veri

 

A few weekends ago I sat down with Lee Hoffman, CEO of Veri at TechStarsNYC headquarters during a gathering they were having for the outgoing crop of TechStars companies. (That’s what all the noise is in the background). Many thanks to Dave Tisch and his terrific team for setting this all up and accommodating us.

Lee is a very talented guy who is a both a developer and designer and I jokingly like to say that he and Reece Pacheco are part of a burgeoning “Brown University Mafia” that has descended in NYC of late. I not only learned a lot about Lee’s trajectory as an entrepreneur and about his extraordinary vision for Veri but unwittingly he ended up giving us all a master class on entrepreneurship through the telling of various stories of startups he was involved with, mistakes that were made and many of the ups and downs he's encountered.

You'll find the whole interview here at: Venture Studio

 

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Pop Quiz on the Airbnb Debacle

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If you missed the whole Airbnb affair- (now referred to as #ransackgate), you should probably consider yourself lucky and should stop reading here. You probably don't rent your house out to perfect strangers too often so this piece of news passed you by somehow. Perhaps you were more focused on how the Syrian government just wiped-out 70+ civilians last night or how a nutjob in Norway savaged a similar number of people in a national tragedy. Maybe you're one of those people that knows there is a famine going on in Somalia even though it's not getting too much press.

Still here? Well- then you probably heard that a meth addict used an alias on Airbnb recently to rent a person named EJ's house while she was travelling and then proceeded to violate, steal, defile, destroy the victim's home. What happened to EJ's home is horrific and criminal. Anyone who's had something stolen from them has some sense of the outrage and sense of violation and pain that comes with this territory. The alleged offender is apparently in custody now and will hopefully be tried. If she is indeed found guilty- I hope she'll be convicted and jailed to the full extent of the law.

But we haven't heard much about this "alleged" low-life. Media coverage of the crime has instead focused either on Airbnb's alleged complicity in EJ's misfortune and/or their poor handling of the P/R aspects. The alleged felon who committed this odious crime is hardly mentioned. This is not surprising. Airbnb's success and billion dollar valuation make it a perfect target for this sort of criticism. 

Could and should the founders have handled the P/R aspects a lot better? Definitely! But who are we kidding- did they really have a chance?  The headlines here are simply tailor-made for generating eyeballs. I am not making these up:

Airbnb Pillage Victim Says Company Tried to Keep Her Quiet

A Billion Dollars Isn't Cool. You Know What's Cool? Basic Human Decency

The Airbnb Horror Story Continues

You read these headlines and it sounds like Airbnb is some kind of rich serial murderer on the loose- pillaging and laying waste to scores of innocent and kindly citizens in its path.

Much like the Craigslist imbroglio of past years, this entire Airbnb affair has again brought to the fore questions about where a company's responsibility (legal and ethical) to its customers' safety begins and ends. Rather than presenting a long opinion on the matter I've instead decided to ask some admittedly facetious questions. For the sake of brevity I've made them multiple choice.

When a car-maker manufactures a car what scenarios do they need to anticipate? For example, is it morally or ethically obligated to protect its customers against:

a) car-jacking attacks

b) hitch-hiking meth addicts that drivers pickup on the road and invite into their car 

c) damage caused by strangers to whom drivers lend or rent their car to for free or for a fee

d) none of the above (muttered under one's breath)

Should the car-maker be obligated to place disclaimers on the driving wheel of the car warning people that inviting strangers into their car out of the goodness of their hearts or for a fee comes w/certain risks?

a) yes- people are not intelligent enough to know this and need to be treated like children

b) yes- car-makers are greedy and want to save money. They should be monitoring all their drivers via video cameras and be able to intervene via installed speakerphones when their customers are making dubious choices

c) yes- we need to legislate this. I am calling my congressman

d) none of the above (accompanied by possible expletive)

Oh wait, carmakers are brick and mortar businesses. They don't count. What about if someone uses a fake LinkedIn Profile on the internet and invites me to become a connection with them because we share two business groups in common? Then that person wants to have coffee and they seem cool and I let them stay at my house while I am vacationing and they trash my house. Shouldn't LinkedIn vet these people? Wait- what if instead of trashing my house that person partners with me in a new business and then steals all the cash I put in the business bank account?

a) yes, LinkedIn sucks! They are too greedy and don't bother to vet people on their network.

b) yes, LinkedIn should actually pay for the damage to my house. Their business model doesn't really protect me enough. I thought this person was legit! I'm calling my lawyer. 

c) this is an outrage- the LinkedIn founders don't care about their customers. They've gone IPO and cashed out. I'm calling my congressman.

d) you know it by now :)

For Part 32 in in this Series, click here

So, You Think You Have to Deal With A**holes? Think Again

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If this is your first visit you may wish to follow me on twitter here, my RSS feed here or subscribe via email here

Who hasn't dealt with the occasional a**hole at work? Every American knows it to be one of the unavoidable rights of passage for an employee. Think about it- you have voluntarily chosen to work in an environment created by others and staffed with people not of your choosing. If you didn't have the luxury of choosing carefully you are basically a victim waiting to be victimized.

In fact, I agree with Mark Suster, who often makes the point that getting away from a**holes is probably the single greatest motivator for entrepreneurship in the world.

One thing that frustrates me to no end however, is hearing people who work for a wage complain constantly about all the unpleasant people they have to work with. My view is simple- if you can't stand it, no one is forcing you to work there so why not get the hell out of there? Start bootstrapping a business, join a startup, find a better environment- do something- but by all means- stop whining about it.

So for everyone that thinks they have it tough, here's the true story of a buddy of mine who's going through some tough times right now dealing with some real a**holes- and I mean a lot of them!

This guy is actually an incredible salesman and entrepreneur and co-founded a venture-backed company for 3 years that ended up going sideways after a herculean effort on his part. He was recently getting set to be a part of yet another venture but his wife let him know that she'd prefer it if he took a steady job for a while as they had plans to start a family. It so happens that she has a great job that pays well and has been the family's primary source of income for the previous four years of their marriage. Being a good spouse, he obliged and began a job hunt in earnest...

I saw him recently and asked him where he ended up working. It turns out was able to land a sales position with a medical device company wherein a large part of the job involves him assisting surgeons with a procedure that utlizes this company's device. He makes approximately $1,000 per procedure- not bad, right?

There's a slight problem. The procedure, which he described in excruciating detail, involves people's a**holes- literally. Yes that's correct- you read it right.

Basically, he has to prep the patients (many of whom are elderly and not terribly hygeinic) using iodine and then pieces of tape to "set the stage" for the physician (I won't elaborate), talk to the patients before, during and after the procedure as they are only slightly sedated during these surgeries, and deal with a miasma so rancid that he is often suffering from nausea throughout his workday. (The surgical mask is apparently no match for these odors). There are multiple such procedures daily and he dutifully assists the surgeons as this is part of the excellent customer service he must provide.

I want to point out that the story he told me was so foul that at some point I actually asked him to stop. (Normally I am a pretty good listener). I was literally becoming sick after just a few minutes of hearing about what he has to actually do 5 days a week.

The crazy thing about this was that the guy wasn't complaining to me. He was just telling me about it and saying that he needs to hang in there for now as it pays well and they're going to start a family soon.

Here's someone who has one of the most disgusting jobs a person could ever imagine- and he's handling it somehow. It was profoundly humbling talking to him. Next year he'll be on to his next start-up no doubt- but for now he's taking care of business and making sacrifices for his family's well being.

Anyway- there's some motivation for you next time you're dealing with some a**holes at work or are finding it challenging to bootstrap your next venture.  :)

For Part 31 in in this Series, click here

Venture Studio (18): Mike Brown, Jr., Partner & Founder AOL Ventures

Recently I sat down with the terrific Mike Brown, Jr., one of the Founders and a Partner at AOL Ventures, the VC arm of AOL which focuses on Seed and Series A non-strategic investing in tech-oriented consumer internet companies.

Mike comes to AOL Ventures from the Virgin Group's investment arm and talked with us about the history, vision and approach of the AOL fund- which you'll learn is definitely not your typical corporate venture arm. He recently moved the operation to the venerable Brooks Brothers building on Broadway and Bond in NOHO and absolutely did wonders with the space- check the video below for footage. In 1874 the New York Times effused as follows concerning the place: “Externally it is an ornament to the street, and its internal arrangements are of the most perfect kind.” I can state unequivocally that this description still fits the bill and that all AOL Ventures portfolio companies headquartered or being incubated there are enjoying one of the best workspaces I've encountered in NYC.

Learn about how AOL Ventures' approaches investing in the very early-stage sector of a startup's lifecycle in our conversation below:

You'll find the whole interview here at: Venture Studio


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Venture Studio (17): Kevin Prentiss, CEO RedRover

 

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I recently had the pleasure of sitting down with Kevin Prentiss, CEO of Red Rover, at Tech Stars NYC headquarters. Here’s another entrepreneur who “put it all on red” at one critical point in his company’s lifecycle. He’s got a great story- is on his fourth startup, and is an alumnus of TechStars NYC’s inaugural crop of companies. He also has the great distinction of being the only person I’ve spoken to who consciously teed-up his fourth startup by launching his third. That’s some high-level chess. Intrigued? I was too… Enjoy.

You'll find the full interview here at Venture Studio


Venture Studio (16): Nick Seguin, Kauffman Foundation

 

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I recently sat down with Nick Seguin, (@nickseguin), Manager of Entrepreneurship for the venerable Kauffman Foundation. If you’ve heard about Kauffman before but really don’t know their story and what they’re mission is, you’ll definitely want to listen to Nick describe it. I can see why they brought him on to manage entrepreneurship- the guy is a terrific communicator and evangelist for them. I particularly loved hearing the story of Mr. Kauffman himself- it is epic and inspiring. Nick is an entrepreneur and community organizer in his own right- having founded Dynamit during his college years and having served as an organizer for another terrific organization- Startup Weekend.  Enjoy.

You'll find the full interview here at VentureStudio

 

@nickseguin

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Arrington Channels Colonel Kurtz & Says of his Journalist Detractors: "#&$!@% Them All"

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Recently, in response to criticism he has been receiving, the editor and founder of TechCrunch, Michael Arrington, channeled his inner Colonel Kurtz and unleashed a terrific riposte regarding the absurd notion of objectivity in journalism and how he intends to handle disclosures and the like at TechCrunch going forward. The title of this piece had all the subtelty of a piano being hurled cartoon-style onto his detractors in the tech press from an upper storey: The Tech Press: Screw them All.

Along the way he ended up calling-out a number of his primary critics by pointing out that they themselves have plenty of conflicts (some of a semi-permanent nature) that have not been properly disclosed:

some excerpts:

"... there is no objectivity in journalism. The guys that say they’re objective are just pretending. Everyone is conflicted in different ways, and yet the “rules of journalism” don’t require any sort of transparency or disclosure unless it’s a direct financial conflict...."

"...The man who said just a week ago how horrible I am for investing in startups has financial interests in a whole slew of tech companies – “Disclosure: Current and past consulting clients and sponsors of Silicon Valley Watcher: Pearltrees, Intel, Tibco Software, Edelman, Infineon Technologies, SAP...”

"...Before I started TechCrunch I never understood how screwed up this whole news world was. It’s ugly as hell out there, people. These people, the tech press, just disgust me..."

Regardless of what one thinks of Arrington, (I do not know him personally), what is maginificent about him is that he has the courage to stand his ground and call-out some of the old guard on their sniffling pretensions. He's basically been eulogizing them to their faces and letting people know that much like Shelly's Ozymandias, only their colossal arrogance will remain. Good for him.

I also have an inkling that Arrington knows his Conrad - his jousting with the establishment is an echo for me of this exchange from Coppola's epic 1979 Film, Apocalypse Now

Kurtz: Did they say why, Willard, why they want to terminate my command?
Willard: I was sent on a classified mission, sir.
Kurtz: It's no longer classified, is it? Did they tell you?
Willard: They told me that you had gone totally insane, and that your methods were unsound.
Kurtz: Are my methods unsound?
Willard: I don't see any method at all, sir.
Kurtz: I expected someone like you. What did you expect? Are you an assassin?
Willard: I'm a soldier.
Kurtz: You're neither. You're an errand boy, sent by grocery clerks, to collect a bill.

For Part 30 in in this Series, click here

Venture Studio (15): Brad Hargreaves, Co-Founder of General Assembly

 

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Welcome to this week's conversation with Brad Hargreaves, entrepreneur, blogger and co-founder of General Assembly.

You'll find the full interview here at VentureStudio

 

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Venture Studio (14): Bo Peabody: Entrepreneur, Venture Capitalist, Author, Restaurateur

This is Episode (14) of Venture Studio

Welcome to this week's conversation with the multi-talented Bo Peabody, founder or co-founder of Tripod (acq. by Lycos/Terra), Everyday Health, VoodooVox, HealthGuru, UplayMe, Village Ventures, (a NYC-based $135m venture fund focused on both the media and financial services sectors), author of the book, Lucky or Smart, and owner of the hospitality company Mezze, Inc. which operates three award-winning restaurants he started. (Yes- I can personally confirm that Mezze Bistro up in Williamstown, MA is a great spot if you're ever in the area for the summer theater festival or just passing through).

We caught up with Bo in NYC recently, and in the interest of time focused our conversation on his against-the-grain habit of founding and investing in content companies- which he has been doing for years with great success.

It's no surprise- he's been an iconoclast since I met him some some seventeen years ago when he was a college student launching Tripod in the very early days of the web. Hardly any one knew or understood what the heck he was doing back then- but he did. Enjoy.

:40  -  Why does Bo invest in content when most everyone else runs from it? 

1:41 -  Learn about Everyday Health (largest health property on the web)

4:10 - We discuss portfolio companies: Health Guru, Tech Media Network, Babble, Daily Makeover, Travel Ad Network, Trefis

6:57 - Who is Bo syndicating with these days?

8:20 - What's the right deal pace for a venture fund?

9:00 - We discuss Lucky or Smart and the recent Business Insider series

11:53 - Bo's take on the Village Ventures and their expansion


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Venture Studio (13): Jeff Clavier, Founder SoftTech VC (or, "A Well-Tempered Clavier")

This is Episode (13) of Venture Studio

I sat down recently to speak with with angel investor turned MicroVC, Jeff Clavier, @jeff, founder of SoftTechVC I, II & III on a recent visit of his to NYC. (My thanks to the great people at Polaris Ventures' DogPatch Labs down in Greenwhich Village for hosting our talk.)

Jeff is a fascinating guy who saw a special opportunity in 2004 to invest in capital-efficient Web 2.0-type companies and got into angel investing in a big way, investing his own money in 20+ companies. He turned out to be enormously gifted at it. Hearkening back to my recent Series on Angel Investing, he most certainly skipped the "Mug" phase that Mark Suster and I have joked about. 

He then had the opportunity to raise a small fund and thus became what the press like to call a "Super-Angel"- but what really is more aptly-named, a MicroVC. After 65 investments in this Fund (SoftTech VC II), he has now launched SoftTechVC III, (aka "the real-deal"as he jokingly called it) which will still be a "small" fund, but certainly considerably larger than II.

It was great to hear Jeff's perspective on early-stage investing, the market segments that interest him these days and how he has evolved over the years as an investor. Enjoy.

:26  -  A little background on @jeff & how he first got into angel investing

1:19 -  Raising his first micro-fund in 2004, which was $15M in size

1:43 - The pioneers in the MicroVC space, including Josh Kopelman

2:23 - On making 65 investments in SoftTechVC II w/10 exits already(!)

3:05 - Launching SoftTechVC III & venture partner Charles Hudson

4:14 - What types of companies/sectors will III be investing in? (See Matrix)  Listen carefully here about Jeff's approach to various sectors

6:02 - After 99 investments & reaching this level- what changes in your approach?

7:21 - Epic Line: "In our business there's no pride- we basically do whatever it takes to help our companies"

7:31 - Jeff's perspective on acquisitions (of which he's had 17!) and how he works w/his portfolio company entrepreneurs in this regard

9:01 -  Has he noticed network effects amongst his portfolio companies?

9:55 - Jeff invests in a bunch of NYC companies- what are his thoughts on NYC?

11:11 - What are the biggest challenges for him?

12:47 - What's an average day like for Jeff?

 

SOFTTECH VC III (so far)

SoftTech VC III Portfolio


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Venture Studio (12): Matt Harris, Co-Founder of Village Ventures

This is Episode (12) of Venture Studio

Welcome to this week's conversation with Matt Harris, co-founder and Managing General Partner of Village Ventures, a NYC-based $135m venture fund focused on both the media and financial services sectors. Matt founded Village Ventures with his college roommate Bo Peabody approximately eleven years ago and together they've grown their network of partner funds to 15 in size across the United States and Europe.

Matt is the partner in his fund who invests exclusively in financial services companies sitting on the Boards of such companies as iSend, OnDeck Capital, TxVia, BlueTarp Financial and others. As you'll learn in the conversation below, he's extremely bullish on the mobile payments and point-of-sale space. You can also get acquainted with his point of view on things on his blog, aptly named- For The Win.

At the risk of embarassing him it must be said that, (to put it mildly), he's held in great esteem not just by the entrepreneurs in whom he invests but notably by his many peers in the investment community. Enough said.... Enjoy

:20  -  Getting to know Village Ventures- their story 

1:14 -  The Village Ventures network of partner funds

2:05 - The financial services sector & mobile payments in particular

3:17 - The value prop of portfolio company, BankSimple

5:22 - "The linkage between geography & banking has been severed"

6:34 - Portfolio company: OnDeck Capital

7:54 - "Venture is most fun when you are solving a societal problem"

8:04 - Learn about the Village Ventures portfolio

9:24 - What's going on in venture in Europe/UK? 

10:24 -  Matt's thoughts on the Mobile Payments & Point-of-Sale space

 11:17 - I ask Matt about his blog, "For the Win"

 

Click Here for Venture Studio (13) w/ Jeff Clavier, Founder SoftTech VC


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Venture Studio (11): Jonathan Glick, CEO of Sulia

This is Episode (11) of Venture Studio

Welcome to this week's conversation with entrepreneur Jonathan Glick, founder and CEO of his latest venture, Sulia- which I learned is in many ways the apotheosis of a nearly two decades-long career at the cutting-edge of content-creation on the web.

Jonathan is a true web pioneer having started his career at AOL during its infancy and then at iVillage with a subsequent stint running technology and product development for the New York Times, as CEO of his own venture-backed startup OuterForce, and as Director of Research Operations for the Gerson Lehrman Group.

Learn about Jonathan's rich experiences through those early days of content creation on the web all the way through to the launch of New York-based Sulia, a venture-backed, real-time media company focused on filtering Twitter into high quality content channels. He's amazingly candid and open about his entrepreneurial journey. Enjoy.

:16  -  Developming his "arcane" skills at AOL in "those early days"

:50 -  Meeting and joining the founders of iVillage

1:00 - Joining the NYT & working for visionary, Martin Nisenholtz

1:50 - The genesis & premise of his first startup, OuterForce

3:55 - Funding via Flatiron Ventures (Jerry Colonna & Fred Wilson

4:20 - The story of OuterForce & and many lessons learned

8:05 - New adventure with the Gerson Lehrman Group

9:02 - The premise of Sulia...

10:00 - Sulia's business model...

11:17 - Sulia's relationship with Twitter

Click for Venture Studio (12) w/Matt Harris of Village Ventures

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Venture Studio (10): Ben Lerer, CEO of Thrillist

This is Episode (10) of Venture Studio

Welcome to this week's conversation with Ben Lerer, CEO of Thrillist, which he started five years ago in NYC as a daily email/city guide chock full of product and experiential recommendations for a very underserved market- urban-dwelling guys.  Since then, Ben and his team have scaled the company to over three million subcribers, 90+ employees and into approximately 20 cities around the country. They have also just made their first acquisition: JackThreads and have launched a Rewards program.

I would say that "evolution" was definitely one of the major themes of our talk. Ben talks not only about the evolution of his business but also of his own from a "do everything kind of entrepreneur" to a guy who now oversees a large and growing business with talented people in important roles. It's a transition that any startup entrepreneur should aspire to make one day.

We also discuss Lerer Ventures, (the seed investment fund he and his father operate). Here too we talk about his evolution as a seed investor.  Enjoy.

:20  -  What is the story of Thrillist and how it got started?

2:10 -  On getting funded by AOL veteran Bob Pittman of the Pilot Group

3:34 -  What's an average day like for Ben lately?

4:04 - "Thrillist is definitely hiring!"

4:35 - How has Ben's role at Thrillist evolved as the company has scaled?

5:13 - What's with the Bowie Knife? (ok, ok, it's plastic....) 

8:19 - Biggest lessons learned... (it's that focus thing again!)

10:04 - All about the JackThreads acquisition

11:40 -  Lerer Ventures & their evolution as seed-stage investors

14:24 - What are they looking for in terms of entrepreneurs they back?

15:02 - What is the Rewards Program and what's next for Thrillist?

Click Here for Venture Studio (11) w/ Jonathan Glick from Sulia


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Venture Studio (9): Dave Tisch, Managing Director TechStars NYC

This is Episode (9) of Venture Studio

Welcome to this week's conversation with Dave Tisch, the irrepressible Managing Director of TechStars NYC.

Dave came over to talk just two days after organizing an absolutely EPIC Tech Stars Demo Day at Webster Hall. Eleven companies (that had been whittled down from 600+ applicants) presented in front of 750 NYC investors and entrepreneurs after several months of intense preparation and mentorship. The enthusiasm and energy was simply unreal and the place was bursting at its seams. I was in the crowd and was blown-away by the quality of the presentations and companies.  Dave and his team had of course been busy making this happen for over 7 months. Each company obviously has its own story and I appreciate Dave taking the time to share a number of these with us and describing the unique experience of making the very first TechStars NYC a reality. Enjoy.

1:25 - What was the process behind bringing TechStars to NYC?

3:25 - What's the TechStars network and how does it differ from the regular TechStars model?

5:39 - How did the recent crop of TechStars grads make the roster and what's the application process like?

8:25 - Learn about Migration Box, one of the recent TechStars grads.

10:55 - Learn about Think Near, another recent TechStars grad.

12:42 - Do you have to already have funding to be a part of TechStars?

13:25 - Learn about Shelby TV, another recent TechStars grad.

15:33 - Learn about Veri, another recent TechStars grad.  Why is the story behind their application to TechStars, Dave Tisch's favorite one?

18:45 - Why does Dave Tisch love being the first money in any deal?

19:03 - What's the best way to get Dave's seed fund, The Box Group, to notice your company?

20:20 - Dave talks about TroopSwap, one of the companies in the Box Group portfolio.

24:05 - Who is Fake Dave Tisch?

Click here for Venture Studio (10) w/ Ben Lerer, CEO of Thrillist


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Venture Studio (8): Josh Weinstein, CEO of YouAre.TV

This is Episode (8) of Venture Studio

Welcome to this week's conversation with fellow Stuyvesant High School alum and tournament chess player Josh Weinstein, CEO of YouAre.TV  

Josh takes us through the labyrinth of ideas, projects, adventures and startups that have marked his remarkable entrepreneurial journey thus far. From winning the National Speed Chess Championship to launching Stuycom in highschool, to his experiences launching FreshPrince, CrushFinder, GoodCrush, RandomDorm, College Only and most recently YouAreTV- to getting funded my multiple prominent angels and VC's including Peter Thiel, Josh has a fascinating story to tell and he does so with arresting candor and a great sense humor. This was some of the most fun I've had thus far at Venture Studio and I learned that there is definitely a method to Josh's madness!  Enjoy. 

 

Below is a short table of contents (with corresponding minutes) of our conversation:

00:33    How Josh got into chess & became US Speed Chess Champion

01:27     Becoming a tech entrepreneur while @ Stuyvesant High School 

02:55     The Princeton years: FreshPrince, CrushFinder & GoodCrush

04:15     Graduating, raising seed money for GoodCrush and iterating

04:46    Adding RandomDorm to the mix & raising more capital     

05:28    Genesis: College Only (GoodCrush, RandomDorm & YouAreTV.com)

05:53     Josh describes overcoming challenges and mistakes w/College Only 

07:53     What can only be described as the "method to Josh's madness" :)

08:20    Lightbulb goes off: "Thiel is a chessplayer!!" More on Peter Thiel

09:37     Josh explains YouAreTV.com & the Game of Boxes

12:18     The YouAreTV.com team & Josh is Hiring!

12:49     Josh discusses importance of focus, shares candid insights

Click Here for Venture Studio (9) w/ Dave Tisch from TechStars NYC

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Venture Studio (7): Jordy Leiser, CEO and co-founder STELLAService

This is Episode (7) of Venture Studio

Welcome to this week's conversation with Jordy Leiser, CEO of STELLAService- one of the most intriguing and sought-after venture-backed startups in NYC. STELLAService rates the customer service performance of online stores and was recently featured in AdAge (here) and on TechCrunch (here). 

Below is a short table of contents (with corresponding minutes) of our conversation:

00:27     Jordy's background & how it led to the founding of STELLAService

01:30     Who invested, how the deal came together 

02:50     Who is this new player in town, Consiglieri?

4:39       The size of their angel and venture rounds

05:25     Who's the team behind STELLAService? 

06:30    Why'd they choose to set-up shop in NYC?

07:15     How a high school internship framed Jordy's perception of branding

07:34     Jordy's previous work w/ IMG and his experience in sports licensing

08:12     The business model

09:45     The STELLAService Seal and what it means for a company to carry it

10:25     Who are some of the companies displaying the seal?

12:02     How are brands picked and evaluated?

13:25     What's the company doing with all the data it's accumulating?

14:13     How many brands are displaying the seal?

16:00    What's Jordy learning about running a company?

16:30    What's currently happening at STELLAService?

17:08     Are they hiring?

Click for Venture Studio (8) w/ Josh Wienstein of YouAre.TV

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