The Pursuit of Scrappiness #56 Rytis Vitkauskas (Lightspeed) on how the global VCs evaluate deals, how to find a category winner and is Harvard education worth it (for founders)
This episode is brought to you in cooperation with TechChill
Join us in Riga on April 27-29, 2022
- 100+ speakers (including the guest of this episode)
- 200 top US and European investors
- 300 Startups
Listen to the episode intro to find a special PROMO CODE for Pursuit of Scrappiness listeners and get 20% OFF
Get your pass NOW on https://techchill.co/
===
Rytis Vitkauskas is a Partner at the global VC powerhouse Lightspeed Ventures. Holding an MBA from Harvard Business School, Rytis has also founded and exited startups as well as made tech investments for more than 10 years.
In this episode we talk about Rytis’s journey to become a VC with Lightspeed, and getting an MBA from Harvard. We also discuss the strategy of Lightspeed and category defining companies. Finally, we compare how Baltic startups match up on the European level and talk about the role of the local VC.
The topics covered in this episode with Timestamps
[02:40] - INTRODUCTION AND RYTIS’S JOURNEY TO VC AND LIGHTSPEED
[06:00] - ON BALTIC ECOSYSTEM NOW AND 10-15 YEARS AGO
[11:15] - ON THE HBS EXPERIENCE AND ROI FROM TOP EDUCATION
[20:00] - ON LIGHTSPEED STRATEGY IN EUROPE AND THE BALTICS
[23:50] - ON CATEGORY DEFINING COMPANIES
[36:00] - HOW BALTIC COMPANIES MATCH UP WITH WESTERN EUROPEANS
[44:30] - ON EXPECTATIONS FROM LOCAL BALTIC VCs
To reach out to Rytis use email: rytis@lsvp.com
Find out more on https://www.pursuitofscrappiness.co/
Support for this episode comes from Nexpay > https://paynexpay.com/
===
See the videos from interviews on Linkedin > https://www.linkedin.com/company/pursuit-of-scrappiness/
Questions/suggestions? Join our Telegram group > https://t.me/pursuitofscrappiness
Watch select full-length episodes on our YouTube channel > https://www.youtube.com/channel/UCP6ueaLnjS-CQfrMCm2EoTA