The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

Melody Koh of Nextview Ventures joins Nick on a special Crisis Coverage installment to discuss Super-Technologies; The Everyday Economy; The Overlooked Working Class; and Fear of Missing Out vs. Fear of Looking Dumb. In this episode, we cover:

  • Background and path to venture
  • Thesis and Focus at NextView
  • Hands-on approach (only 2-3 investments/yr)?
  • You wrote that when it comes to investing in the COVID era -- FOMO (Fear Of Missing Out) is replaced by FOLD (Fear Of Looking Dumb). What are you seeing from other investors?
  • How will this effect 'Seed' as a Stage of investing?
  • How has the crisis effected your approach?
  • Conviction without face to face?
  • Recently heard about NextView’s new virtual Accelerator... congrats on the launch. Can you give us a quick overview of the program?
  • Do you have any predictions on the long-term effects of this crisis on the ‘Everyday Economy’?
  • I saw your tweet about companies shifting the real estate burden to employees as everyone works from home... do you think companies should subsidize this?
  • Super-Technologies...  railroads, electricity, automobiles, and now internet connectivity.  Ideas about what may be some of the next infrastructure type super-technology?
  • Why do you think the working class has been overlooked as an opportunity for innovation?
  • You cite labor as an opportunity ready for innovation. Why is now the time for innovation here?
  • You point out a really interesting observation -- that this demographic is more likely to use smartphones as their daily driver and that they tend to skew towards older devices. What does that mean for new tech products?
  • Are there examples of tech companies that have successfully built a company designed for this category of workers?
  • What are the key success factors or key criteria for success, when launching technologies for the working class?
  • Which working class industries do you think are in the best position for change?

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