Just an TV - What Was Your Pitch to the Senior Partners Who Didn't Want to Invest?

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Justin: There was a fundamental shift happening in the eco system at the time, that there was this federation of of a mediate consumption. Michael sebl who's now runng by combinator, and m justin, con um and emet were all p coming on the a paier of accelerators. Sadly, no michael sebel. He's too busy keep going. But nobodynees. Nobody knew just an t v would pivot to twitch, right? That was not on the table. I woll say that what's amazing about d f j is that they gave me the rope to even champion an investment....

0:20 Jason intros Alchemist's Ravi Belani
3:41 Why is Alchemist named after Paulo Coelho book? What is the biggest benefit of Accelerators?
5:47 Ravi's background at DFJ, sourcing the Justin.tv investment
15:02 Why Ravi left DFJ to start Alchemist
21:52 How many companies have gone through Alchemist and what is their standard deal?
28:21 Why accelerators take more risk than VC firms
35:07 The best entrepreneurs love the process
38:35 How are Alchemist's programs structured? Did they have trouble transitioning to remote?
44:38 Have virtual meetings been resulting in checks from investors? Dealing with investing in competitive companies
49:59 What is Alchemist's diligence process like?
55:01 What does venture capital funding look like in the medium-term