Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Kanyi Maqubela (Kindred Ventures) - Why There's Been an Explosion in Seed and Late Stage Funds, Diversity Amongst Investors & Market Risk, and Why he's interested in Learning Why Something Is Not Fundable

Kanyi Maqubela (Kindred Ventures) - Why There's Been an Explosion in Seed and Late Stage Funds, Diversity Amongst Investors & Market Risk, and Why he'…

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


Kanyi Maqubela (Kindred Ventures) - Why There's Been an Explosion in Seed and Late Stage Funds, Diversity Amongst Investors & Market Risk, and Why he'…

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

ratings:
Length:
53 minutes
Released:
Jun 8, 2020
Format:
Podcast episode

Description

We have a few Office Hours / AMAs coming up -> https://theconsumervc.com/events/Kanyi Maqubela is a Managing Partner at Kindred Ventures. Kindred Ventures is a seed-stage venture capital fund, whose mission is to back visionary and dedicated founders who want to solve the most important problems and vastly improve people’s lives around the world. Some of their investments include Uber, Poshmark, Otis and Blue Bottle Coffee.Prior to Kindred, Kanyi was a Partner at Collaborative Fund and co-founded Heartbeat Health. He previously ran growth at One Block Off the Grid and was an early employee at Doostang. Kanyi has also served as a Lecturer and Adjunct at New York University Tisch School of the Arts, a curriculum adapted from his time as a student at Stanford University. This was an amazing conversation about Kanyi’s journey both as a founder and investor, his mission and what he looks for from founders. Without further ado, here’s A couple of books the inspired Kanyi are The Structure of Scientific Revolutions by Thomas Kuhn and Doing Capitalism in the Innovation Economy by William Janeway. A book that inspired him personally is I highly recommend following Kanyi on Twitter @km. You can also visit his website Kanyi.me to read his articles and listen to some of his other interviews. You can also follow your host, Mike, on Twitter @mikegelb. You can also follow for episode announcements @consumervc.Some of the questions I ask Kanyi - What compelled you to drop out of Stanford, founding Doostang and what initially attracted you to technology and entrepreneurship? What were some of the mistakes you made as an entrepreneur? What compelled you to switch to the other side and become an investor? How has venture capital changed? How has venture capital and domain expertise changed? How do you filter inbound opportunities and your due diligence process?What are qualities that a founder needs to have or milestones a company needs to reach in order for you to be interested? What do you most pay attention to when analyzing an opportunity and what do you pay least attention to? For entrepreneurs building a company in a market that may not exist yet, how should they think about market sizing?CoronaVirus is very top of mind. Has this impacted how you invest? Are you more focused on current portfolio companies rather than new investments?How are you adjusting to new work protocols?Is it harder to establish conviction in founders since you are meeting them remotely rather than in person?Has COVID changed how you think about investing in fully distributed teams or teams that are located in secondary markets?How should founders think of pivoting at the early stages? Can founders pivot too quickly?What’s some advice for founders that live in secondary and tertiary markets? Or maybe simply don’t have a network of VCs?What are some consumer trends that you are focused on?Has CoronaVirus changed how you invest at Kindred?Are you starting to see discrepancies in valuations?Are VCs starting to pull back in order to focus on their current portfolio companies?What’s one thing that you would change when it came to venture capital?What’s one company on your anti-portfolio?What’s your most recent investment and what makes you excited about it?
Released:
Jun 8, 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.