

Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands | Technology
Mike Gelb
Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.
Episodes
Mentioned books

Jun 15, 2023 • 39min
Matt Alexander (Neighorhood Goods) - How They Are Reimaging The Department Store
Our guest today is Matt Alexander, founder & CEO of Neighborhood Goods. A new type of department store, featuring an ever-changing landscape of the world's most thoughtful, progressive, and exciting brands. This was a live podcast episode in Dallas that we did a few weeks back. Really want to thank RevTech Ventures for hosting us. Without further ado, here’s Matt.The Consumer VC represents the opinions and beliefs of Michael Gelb and does not reflect the opinions and beliefs of Manufactured Networks, Inc. **Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

Jun 8, 2023 • 56min
Nigel Eccles (Vault) - How He’s Helping Artists Monetize Their Music, Fandom in the Digital Age and Lessons from Creating FanDuel
Thank you to my brother, Rob Gelb for the introduction to our guest today, Nigel Eccles, Co-Founder of Vault. Vault is introducing Digital Music Collectibles as a new format for collecting exclusive, authenticated, limited-run collectibles from your favorite artists. This episode brought me back, I worked in music for the first few years in my career and am an avid music listener. Previously, Nigel co-founded and was the CEO of FanDuel and is the #1 sportsbook in the US, a leading daily fantasy sports platform. We discuss why he left FanDuel and got into crypto, how artists are currently monetizing their music and the void that Vault fills, the type of artist they are looking to attract and how he thinks about fandom in the digital age.The Consumer VC represents the opinions and beliefs of Michael Gelb and does not reflect the opinions and beliefs of Manufactured Networks, Inc. **Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

Jun 1, 2023 • 53min
Kiva Dickinson & Madeline Kaplan (Selva Ventures) - Raising $34 Million Fund 2, Opportunities in Beauty & Personal Care, And The Value of $1 in Revenue Online vs. In Retail
We have two amazing investors on the show today who just came off raising their second fund at $34 million fund. We have Kiva Dickinson, our first non-named Mike second time guest, and Madeline Kaplan from Selva Ventures. Selva Ventures is an early-stage venture capital firm dedicated to partnering with consumer brands that promote healthier living. We discuss how fund 2 is different to fund 1, the difference between and clean and clinically backed beauty and personal care brands, do they value one dollar of online revenue more than a dollar earned in retail and much more.The Consumer VC represents the opinions and beliefs of Michael Gelb and does not reflect the opinions and beliefs of Manufactured Networks, Inc. **Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

May 25, 2023 • 56min
Rakesh Narayana (Access VC) - How They Are Changing The Image of Corporate Venture Capital, and How They Evaluate Opportunities From an Exit Potential
Our guest today is Rakesh Narayana, who is the General Manager of Access VC. Access is the venture capital arm of Reckitt. Reckitt is a publicly traded consumer goods conglomerate focused on the hygiene, health and nutrition spaces. You probably recongize their brands Lysol, Dettol, and Calgon. So Access VC is their venture arm that Rakesh leads, some of their investments include Beekeeper’s Naturals, Maude, and Future Method. In this episode, we’re going to talk about how Access VC approaches their investments since corporate venture capital in general typically doesn’t have the best reputation and we’re going to be speaking about how Access VC is taking a different approach, how they make investments and think about exit potential.**Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

May 17, 2023 • 44min
Andrew Blackmon (The Black Tux) - How He Approaches Standardization, Customization and Scale Running a Tuxedo Rental Business
Our guest today is Andrew Blackmon, Co-Founder and CEO of The Black Tux. The Black Tux is reinventing formalwear. We design and manufacture modern suits and tuxedos for rent or keeps. We discuss why Andrew decided to start a DTC rental tuxedo business in the first place, how he thinks about size, fit, standardization vs. customization, the growth avenues, how they are influenced by fashion trends and much more.***Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

May 9, 2023 • 1h 1min
Melissa Facchina (Siddhi Capital) - Can You Be A Great Entrepreneur But Not A Great Operator, Why She’s Not Investing In Beverage Companies, Her Way of Scaling and more
Thank you CJ Fowler at Goat Rodeo Capital for the introduction to our guest today, Melissa Facchina, Co-Founder & Co-Managing Partner of Siddhi Capital. Siddhi Capital is an operationally-focused food and beverage growth equity firm. Their portfolio includes Mid-Day Squares, Aura Bora (who both have been on the show) Copper Cow Coffee, Mud/Wtr, Magic Spoon, Momofuku Goods. I had a blast chatting with Melissa about her story, what makes great entrepreneurs in the food & bev space and do great entrepreneurs have to be great operators and much more.***Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

May 6, 2023 • 40min
Chaz Flexman (Starday Foods) - How He's Building The Next Food Conglomerate With Data Science
Our guest today is Chaz Flexman, who is the founder & CEO of Starday. Starday is a next-generation food conglomerate that uses data science to predict product-market fit and create food brands. We discuss why he left Pattern Brands to go into food, how they create and launch new products very cheaply, how they think about data and trends and different categories to enter, and building relationships with retailers. ***Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

May 2, 2023 • 42min
Mike Salguero (ButcherBox)- How He Bootstrapped ButcherBox to $600 million, Why He Didn't Take Any VC Money, And Lessons From Raising Money at CustomMade
Thank you Daniel Gulati for introducing me to our guest today, Mike Salguero. Mike is the founder and CEO of ButcherBox, which delivers 100% grass-fed beef, free-range organic chicken, humanely raised pork, and wild-caught seafood directly to your door. ButcherBox is a unique brand that we’re covering on the show since it’s not venture-backed but bootstrapped to $600 million in sales. Previously, Mike was the CEO at CustomMade which was venture-backed. We discuss some of the differences between venture-backed and bootstrapped companies, when he knew that ButcherBox was going to be bigger than he intended, how to find businesses based on the lifestyle you lead, and their growth journey. ***Sponsor***This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started - https://structurer.vauban.io/

Apr 27, 2023 • 38min
Jessica Karr (Coyote Ventures) - How She Went From Scientist to Investor, The Opportunity in Women’s Health, and Why She Doesn’t Invest in Beauty & Personal Care
Our guest today is Jessica Karr, General Partner at Coyote Ventures, which is a VC fund that’s investing in women's health and wellness. Some of the portfolio companies include Maude, The Flex Company, and Wile. We discuss how she transitioned from scientist to investor, particular categories she’s currently investing in and has stayed away from and how she thinks about risk. ****Sponsor****This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started

Apr 25, 2023 • 45min
Mike Ghaffary (Canvas Ventures) - Could AI Be The Next Consumer Platform After The iPhone?
Our guest today is Mike Ghaffary, General Partner at Canvas Ventures. Mike is the first third time guest of the show. The last time I had Mike on we spoke about what’s the next consumer platform after the iPhone? Funnily enough, we didn’t mention AI. We thought we needed to revisit this question and discuss the opportunity in AI from a consumer technology lens.****Sponsor****This issue is brought to you by Vauban from Carta. Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.Click Here to Get Started