4.4 • 637 Ratings
🗓️ 5 February 2015
⏱️ 22 minutes
🧾️ Download transcript
It is a great pleasure to have Niko Bonatsos on today's episode of The Twenty Minute VC. Niko is Principal at General Catalyst Partners where he specialises in mobile, consumer and healthcare technology. At General Catalyst Partner, Niko has been involved in the investments in the likes of Snapchat, TuneIn and SpoonRocket, just to name a few. Niko is also reknowned for being the 1st Angel Investor in Yik Yak, recently valued between $300-400 million.
In today's episode you will learn:
We then move onto a quick fire round where Niko tells us his thoughts on the future of education technology and the primary reason Niko says no to startups.
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0:00.0 | Hello and welcome to the 10th episode of the 20 minute VC with Harry Stebbings. |
0:05.0 | On today's show, I'm hugely excited to welcome Nico Bonatzos. |
0:09.0 | Nico is Principal at General Catalyst Partners, where he has been involved with investments in the lights of Snapchat, Spoon Rocket and Tune In. |
0:18.0 | Now I've done enough talking, so it's time to dive into the episode. |
0:25.3 | Three, two, one, zero. |
0:29.0 | You have now arrived at your destination. |
0:33.8 | First, I'm really curious about how you got into the technology industry and into the venture capital industry specifically. |
0:36.3 | Could you tell us a little about that |
0:37.8 | and your background? Sure. So I grew up in Greece and my background is in electrical and computer |
0:46.5 | engineering. I basically spent the last decade studying and researching many different types of engineering, electrical, |
0:59.4 | computer, manufacturing, biomedical, in a bunch of different places and industries in the world. |
1:06.7 | So spend time working as a computer engineer in Tokyo, |
1:15.4 | spent time studying manufacturing, engineering in the UK, |
1:20.7 | did research in biomedical signal processing at Harvard. |
1:26.8 | And I was very fortunate to move to Silicon Valley five and a half years ago to go to Stanford, study a little bit of operations researcher and do research in cloud computing. |
1:36.3 | And also, SIRTI, the SOSSO Networking company that ended up being a massive failure due to huge platform risk that we took. I lucked out to |
1:49.6 | join a venture capital firm called General Catalyst right when we were starting the office |
1:58.5 | here in California in late 2010 and the last four plus years |
2:04.7 | have been a VC so in terms of how I became a venture capitalist happened to be the right person |
2:11.9 | at the right time for the right thing it wasn't planned I hadn't thought about becoming a VC at the time. |
2:20.8 | I wanted to be an entrepreneur. |
2:23.5 | But unfortunately, my company was clear that it would fail. |
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