4.4 • 637 Ratings
🗓️ 7 September 2016
⏱️ 29 minutes
🧾️ Download transcript
Brett DeMarrais is a Partner @ Ludlow Ventures, who have investments in the likes of ProductHunt, Sprig, AngelList and uBeam. Prior to joining Ludlow, Brett founded Wedit, a crowd sourced wedding video platform that reduced the cost of wedding videos and made them social. Within the first year of launching the company Wedit had won the top industry awards for customer satisfaction (Brides Choice 2012 and Best of The Knot 2012). Previously, Brett worked at Out of the Blue Entertainment.
In Today’s Episode You Will Learn:
1.) How Brett made his move into VC and came to be a partner @ Ludlow?
2.) What do most VCs mean they say 'founder friendly'? How does Brett and Ludlow approach the popularised saying?
3.) How does Brett balance between being an investor and advisor to a founder and then being their friend and confidante?
4.) How does Brett look to balance the fiduciary responsibilities to his LPs when appreciating that the needs of the founder come before the needs of the company?
5.) Brett has previously said, 'car ownership will be a thing of the past'. Why does Brett think this and what does this mean for the car industry as a whole?
Items Mentioned In Today’s Show:
Brett’s Fave Blog and Newsletter: Both Sides Of The Table, Dan Primack: Term Sheet
Brett’s Fave Book: Ready Player One
Brett’s Most Recent Investment: Gather
As always you can follow Harry, The Twenty Minute VC and Brett on Twitter here!
Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.
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0:00.0 | You are listening to the 20 minute VC with your host Harry Stebbings at H. Debings on Snapchat. |
0:05.2 | Now, you might remember a long time ago, we had Jonathan Triest at Ludlow Ventures on the show. |
0:10.0 | And joining me today, I'm thrilled to welcome Jonathan's partner at Ludlow, Brett DeMaris. |
0:14.1 | Now, Ludlow themselves have investments in the lights of product hunt, Sprig, Angel List and Youbeam, |
0:20.5 | just to name a few of their fantastic portfolio. |
0:22.8 | And prior to joining Ludlow, Brett founded Weddit, a crowdsource wedding video platform that reduced |
0:28.6 | the cost of wedding videos and made them social. Within the first year of launching, the company |
0:32.7 | had won the top industry awards for customer satisfaction by bride's choice and best of the not. However, before we |
0:39.4 | meet the man himself, we always talk about VCs, about what they do and how they operate, but what |
0:45.2 | about the people behind them? What about how they actually run the operational side? Well, that's |
0:49.5 | where Cooley come in. Cooley are the global law firm built around startups and venture capital. Since |
0:55.1 | forming the first venture fund in Silicon Valley, Cooleys form more venture capital funds than any |
0:59.7 | other law firm in the world, with more than 50 years working with VCs. They help VCs form and |
1:05.0 | manage funds, make investments, and handle the myriad of issues that arise through a fund's lifetime. |
1:10.4 | So to learn more about the number one most active law firm representing VC-packed companies |
1:15.3 | going public, head over to coolly.com and also check them out on coolly go.com. |
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1:41.4 | of their product, they give customers 100 nights to try it at home before committing. |
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