meta_pixel
Tapesearch Logo
Log in
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Scott Belsky on Why We Must Challenge Our Faith In The Strength of Resources, Why We Must Rethink The Product Creation and Design Process & How To Determine Between The Good and The Truly Great When Assessing Individuals

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4 • 637 Ratings

🗓️ 7 January 2019

⏱️ 38 minutes

🧾️ Download transcript

Summary

Scott Belsky is an executive, entrepreneur, author, and investor. He currently serves as Adobe's Chief Product Officer and Executive Vice President, Creative Cloud. Before Adobe, Scott co-founded Behance in 2006 and served as CEO until Adobe acquired Behance in 2012. Alongside his role at Adobe, Scott is a Venture Partner at one of the world's leading venture firms, Benchmark. Scott also actively advises and invests in startups personally having one of the most incredible angel portfolios with early checks in Pinterest, Uber, Periscope, Warby Parker, Carta, Flexport and more. Scott is also the author of Harry's favourite book of 2018, The Messy Middle.

In Today’s Episode You Will Learn:

1.) How Scott made his way into the world of startups with Behance, how that translated to the world of angel investing and being Chief Product Officer @ Adobe? WHat does Scott mean when he discusses the correlation between utilisation and happiness?

2.) What does Scott mean when he says he looks for people whereby 'conversations improve by step function?" What are the best examples of this? How have they shown this? How does Scott think startups founders can manufacture motivation? How has Scott seen the best founders hire the very best team? How do the best founders determine between a stretch and a stretch too far?

3.) In terms of product, what does Scott mean when he refers to the "value of slow cooking"? How does that relate to product creation? Why does Scott often have issues with the MVP approach seen today? How does Scott think about the importance of product simplicity? How can one maintain that over time? Why does Scott believe more founders should spend more time crafting the last mile user experience than they do?

4.) Simplicity is great but VCs often suggest, non-defensible, how does Scott think about building defensibility with simplicity? Simplicity often also narrows market size, how does Scott think about and analyse market size today when investing? Where does Scott think many investors go wrong today when trying to measure market size?

5.) What does Scott mean when he says "resources are like carbs, resourcefulness is muscle"? Why does Scott believe we need to challenge our faith in the strength of resources? What advice does Scott given when founders ask, "when is the right time to raise big"? How has Scott's writing of the book influenced his mindset when engaging with founders today and investing?

Items Mentioned In Today’s Show:

Scott’s Fave Book: Endurance: Shackleton's Incredible Voyage to the Antarctic

Scott’s Most Recent Investment: Assembled Brands

As always you can follow Harry, The Twenty Minute VC and Scott on Twitter here!

Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.

Transcript

Click on a timestamp to play from that location

0:00.0

Happy New Year, you are listening to the 20-minute VC with me, Harry Stebbings, at H. Stebbings

0:04.4

1996 with two Bs on Instagram. And my word does it feel good to be back for the start of what

0:09.3

will be a killer 2019. Starting as we mean to go on, we have a truly phenomenal guest in the

0:14.4

hot seat today. It is one of those where, honestly, the accomplishments are just so many that I

0:18.6

wasn't quite sure how to order them in the intro. A friend, an incredible player in the ecosystem.

0:23.0

I'm thrilled to welcome back.

0:24.5

Scott Belski.

0:25.4

Scott is an executive.

0:26.6

He's an entrepreneur.

0:27.6

He's an author.

0:28.4

He's also an investor and currently serves as Adobe's chief product officer,

0:32.1

an executive vice president of the Creative Cloud.

0:34.5

Before Adobe, Scott co-founded Behance in 2006 and served as CEO until Adobe

0:40.1

acquired Behance in 2012. Alongside his role at Adobe, Scott is also venture partner at one of

0:45.5

the world's leading venture firms, benchmark, and Scott also actively advises and invests in

0:50.4

startups personally, having one of the most incredible angel portfolios, with early

0:54.3

checks in the likes of Pinterest, Uber, Periscope, Warby Parker, Carter, Flexport, and many more.

1:00.2

And if that wasn't enough, Scott's also an author with his latest, The Messy Middle, being

1:04.0

one of my absolute favourite reads of 2018. Truly, you have to check it out, and I'll put the

1:08.6

links on the 20 minute VC.com. I'd also have to say

1:11.4

huge thank you to Mike Miniardo at Anka. For the intro to Scott today, I really do so appreciate that,

1:16.4

Mike and it really means a lot to me. But before we dive into the show with Scott today, are you thinking

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Twenty Minute VC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Twenty Minute VC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.