Blog, NewsBy Tribeca Venture Partners
“New York is eating the east coast venture capital market.”
I recently sat down with John Siracusa, host of the Bank On It Podcast. Each week, John Siracusa interviews impressive leaders and entrepreneurs in Fintech to gain their insights and discuss the most important topics in the industry. TVP’s portfolio companies in Fintech include AlphaSense, CommonBond, Lendio, ShopKeep and Zibby. As an investor, I’ve observed several changes in the industry and more specifically in New York. I shared these insights and many others with Bank On It:
Breaking Into Venture Capital: Shifting in venture capital and entrepreneurship has opened both as a career path to build the industry and create value.
New York Is Eating East Coast Venture Capital: The New York share of the venture capital market has increased significantly. Over 90% of Tribeca Venture Partners’ portfolio companies are in New York.
Radical Innovation vs. Incremental Improvements: A very small percentage of dollars invested has returned all of the capital in the industry and will continue to do so. This power law of venture capital means, we have to seek out radical innovation vs. incremental improvements when investing in companies.