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Eamonn Carey (Techstars) - Consumer Trends in Europe, Expanding to New Markets, and The Three Most Important Words in the English Language

Eamonn Carey (Techstars) - Consumer Trends in Europe, Expanding to New Markets, and The Three Most Important Words in the English Language

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands


Eamonn Carey (Techstars) - Consumer Trends in Europe, Expanding to New Markets, and The Three Most Important Words in the English Language

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands

ratings:
Length:
69 minutes
Released:
Jan 23, 2020
Format:
Podcast episode

Description

Eamonn Carey is the Managing Director at Techstars London. Techstars is a global seed accelerator and worldwide network that helps entrepreneurs succeed and is currently in over 150 countries worldwide. Some of their alumni include Classpass, Pillpack, and Contently.He was previously MD at Techstars Connection in partnership with AB InBev in New York, and has been a long term mentor, advisor and angel investor in Europe, the Middle East, Asia and the US.In the past, Eamonn started, succeeded and failed with several startups in Europe and the Middle East - including Farmvillain - an app which some described as the 'South Park of Facebook'.A book that impacted Eamonn professionally is The Checklist Manifesto by Atul Gawande and one that impacted him personally is A Third Plate by Dan Barber.In this episode, you will learn -What attracted Eamonn to startups, entrepreneurship and then move to the other side of the table to investing? What are the advantages for startups being part of Techstars London? How is London’s ecosystem is different from New York and the bay area? What is his due diligence process like, what are some of the qualities that you look for in founders and determining founder-market fit? What are some metrics that he pays attention in the diligence process and how do you determine if you’ve found product market fit? What is different about London’s ecosystem compared to maybe The bay area or New York? He also sources deals for Zeroth which is a Hong Kong based accelerator. What trends are looking at since you’re quite global? What is his view of remote working? How he thinks about consumer trends in different markets and how consumer companies are expanding to different markets? Consumer verticals that he is excited about or focused on for expansion in Asian markets? What are some of the difficulties when investing in consumers? Has today’s landscape with round sizes booming changed how he invests? He wrote about how raising too much money can kill you, how does he think about good growth vs. bad growth in a startup? What is something that he would change when it came to venture capital? What is one company that is part of his most recent cohort and why did you invest? What is one company that he had the opportunity to invest in, didn’t, and in retrospect wish you did? What is one piece of advice for founders of consumer companies?
Released:
Jan 23, 2020
Format:
Podcast episode

Titles in the series (100)

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.