The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC Exclusive: Roy Bahat on Bloomberg Beta's New Fund, The Truth About Valuation That Very Few VCs Will Tell You & Why Founders of Venture Backed Startups Make The Best Angels
Oct 18, 2019
Roy Bahat, Head of Bloomberg Beta, shares insights from his eclectic career that spans venture capital, government, and entrepreneurship. He discusses the launch of his new fund, emphasizing the evolving wants of founders from their VCs. Roy explores the delicate dynamics between investors and entrepreneurs, stressing the significance of trust and transparency. He also highlights the increasing trend of founders becoming angel investors, providing unique perspectives in the venture landscape. Tune in for his thoughts on valuation misconceptions and fostering supportive partnerships!
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Messy Career Path
- Roy Bahat's career path includes non-profit, government, corporate, and startup experience.
- This diverse background led him to VC, where he now focuses on startups as a means of enacting change.
Bloomberg Beta's Consistent Strategy
- Bloomberg Beta's third fund will maintain its $75 million size and focus on the future of work.
- Their "founder as customer" approach remains central to their strategy.
Fund Size as Strategy
- Fund size dictates investment strategy, influencing check size and ownership targets.
- Valuations are dependent variables, derived from these factors, not inherent company worth.
