20VC: The First ICO Blockchain Incubator Ever, Why ICO's Will Change The World of Venture As We Know It & How The M&A Market Will Respond To ICO's with Mike, Jones, Co-Founder @ Science Inc
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The Twenty Minute VC
4.4 • 637 Ratings
🗓️ 28 August 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
Mike Jones is the Co-Founder & CEO @ Science Inc, one of America's most successful incubators with an incredible 3 Science Inc portfolio companies exiting in 2016 alone with the sales of Dollar Shave Club, Hello Society (acquired by NYT) and Famebit (acquired by Google). Science continue to push the frontier of tech with their recent announcement of Science Blockchain, the first ICO blockchain incubator ever, with the ICO pre-sale starting in just 13 days from now. Prior to Science, Mike was the CEO @ MySpace, where he was responsible for one of the most high-profile turn-around challenges in the industry.
In Today’s Episode You Will Learn:
1.) How Mike made his way from MySpace CEO to founding one of the nation's most successful startup incubators?
2.) Firstly, what is a token in the world of crypto? How does securitized and utility tokens differ? Why does Mike believe the current state of utility tokens is reminiscent of the early days of domain names?
3.) What are the core barriers to traditional investors transferring assets on mass into crypto? What will be the catalyst causing this asset allocation shift in the future? What needs to happen to crypto for it to be attractive for traditionals?
4.) How have we seen the M&A market respond to tokenization? How can we as an ecosystem look to build a framework and structure that allows for a healthy M&A environment?
5.) With so many ICOs occurring today, what will be the determining factors between those that succeed and those that do not? How can individuals from around the world look to assess potential ICO's?
Items Mentioned In Today’s Show:
Mike’s Fave Book: Ready Player One
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Transcript
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| 0:00.0 | A big welcome back. You are listening to another week in the world of the 20 minute VC with me, |
| 0:03.9 | Harry Stebbings, at H. Stebbings with two Bs on Snapchat. It's always fantastic to see you there. |
| 0:08.9 | However, to the show today, and as you know, we always like to bring you the most timely and current |
| 0:13.2 | of episodes, and none could be more timely than our guest today, who in just 13 days will commence |
| 0:18.0 | their ICO presale, becoming the world's first ICO blockchain incubator. |
| 0:22.7 | Yes, I'm thrilled to welcome back to the show, Mike Jones, co-founder and CEO at Science, Inc. |
| 0:27.8 | One of America's most successful incubators, with an incredible three science portfolio companies exiting in 2016 alone, |
| 0:34.6 | with the sales of Dollar Shave Club to Unilever, Hello Society, which was acquired by |
| 0:38.8 | New York Times, and Famebit, which was acquired by Google. And science continues to push the |
| 0:43.4 | frontiers of tech with their recent announcement of Science blockchain, as we said, the first |
| 0:47.8 | ICO blockchain incubator ever, and you can have a piece of that with the ICO pre-sale, starting |
| 0:52.5 | in just 13 days from now. As for Mike, |
| 0:55.1 | prior to science, Mike was the CEO at Myspace, where he was responsible for one of the most |
| 0:59.4 | high-profile turnaround challenges in the industry. But before we head into today's episode, |
| 1:04.0 | Pendo helps companies create products that customers love. He was founded when alumni from Raleigh, |
| 1:09.0 | Google, Cisco and Red Hat combined their heads |
| 1:11.6 | and their hearts to build something they wanted but never had as product managers, a complete |
| 1:16.3 | platform for product teams. With Pendo, you can understand product usage and rapidly make data |
| 1:21.2 | driven decisions. Survey users in-app for NPS and feedback, deliver contextual help to improve |
| 1:27.2 | UX and user onboarding, promote new |
| 1:29.3 | features in product to drive adoption without requiring any engineering resources. Pendo is the proven |
| 1:34.6 | choice of innovative product leaders at Salesforce, optimizely, Citrix and many more leading |
... |
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