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I interviewed Jason Mendelson, Managing Director Foundry Group @NVCA Venturescape.  He spoke about how being a musician has helped him connect better with entrepreneurs.  Music has helped him develop an emotional connection with himself & as a result he finds it easier to relate to entrepreneurs.  “Hey look at that dude out there on the stage, hey he’d be a great Board member!”  He also spoke about the changes in the venture industry.  (1) Fundamental change is the democratization of  being an entrepreneur: you don’t have to be in Silicon Valley & raise $5m to start a company. 15 years ago that was the paradigm & you had to be in Boston or Silicon Valley.  Gone! Boom! Anybody can start a company anywhere! The venture industry has had to adapt & react to that both moving earlier & doing smaller deals & spending a lot more time mentoring (that’s what the Office Hours is about). VCs are spending much more time mentoring even people that they’ll never invest in just because its the right thing to do.  The way that the industry is reinventing itself is really understanding that the customer is the entrepreneur not necessarily the investor.  Our clients are the investors & obviously we need to make sure that they get a good return on their investment but the customer is the entrepreneur.Enhanced by Zemanta

Pemo Theodore

Pemo is a Media Publisher & Event Producer. She is CoFounder/CEO Silicon Valley TV She is the Executive Producer of FinTech Silicon Valley & organizes Bay Area FinTech meetup: Silicon Valley FinTech meetup & Blockchain Music meetup with almost 3k members. She has produced Silicon Valley Events for Investors & Startups 7 years. She video interviews venture capitalists & angel investors & FinTech experts. She partners with videographers to cover San Francisco Bay area startup conferences & meetups with livestreaming, video & foto packages Silicon Valley TV She is based in Silicon Valley & has been involved in online business for 14 years. She has been in small business for 46 years in Ireland, London, Canada & Australia. She also published a free ebook (the findings of 1 year research from VCs, angels & women founders) “Why are Women Funded Less than Men? a crowdsourced conversation” She was TheNextWomen‘s most prolific contributor of 2011. Silicon Valley TV has been noted as a platform for supporting high growth women led companies in Huffington Post

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