How to Start With Venture In Mind? Chase Ross Emanuel (Scout) | (New York City) | (Season 2: Episode 15)
Download MP3Diverse Tech Founders – Interview with Chase Ross Emanuel
In venture capital, getting feedback from customers about your product is the key to getting investors. You have to be a founder who is also a builder to get investments. This week on the Diverse Tech Founders podcast, we are having a deep conversation with Chase Ross Emanuel; an investor, and builder of communities with a particular interest in the intersection of technology, business, and entrepreneurship. Throughout the episode, we dive into Chase’s childhood, studio models, the best time to engage with a studio, customer delight point, advice for the people who are in the corporate field, and more.
[00.43] Childhood - Starting the conversation, we dive into his childhood and what kind of personality he wanted to be back then.
[06.55] Studio Models - Chase shares two types of studio models along with what he prefers and what a studio can do to help the amazing founders out there who know both their market and customers well.
[09.23] The best time - If you are a founder, the idea stage is the best time to engage with a studio, says Chase.
[13.44] Expected and unexpected - Chase dives into two expected and unexpected incidents, where he expected people least looking for help in the middle of the COVID-19 pandemic and unexpected but delighted for being able to join Lightspeed Venture Partners.
[20.31] Impacts on personal life - Investing as a pathway to generational wealth is the biggest value to his family, says Chase.
[26.47] Advice - If you are in the corporate field, you have to invest in your network. It doesn’t have to be a large number of people, says Chase, as advice for the people out there in the field.
[29.50] Spending money - Most of the time, when your investor gives you money, the first thing the investor looks at is founders who are builders. Chase dives deep into the process of building a team for the startup product.
[39.34] Customer delight point – The feature which makes your product special, and makes customers come back for your product is the customer delight point, says Chase.
Resources
LinkedIn: https://www.linkedin.com/in/chaseemanuel/
Quotes
‘’We were not going to win this game on our own, we have to win this game together’’.
-Chase-
‘’The more smart and brilliant people you can get under your tent, the more likely you are to be successful’.
-Chase-
‘’If you think that you can build an appreciating asset over time that’s enduring, go for it.’’
-Chase-
‘’Becoming a smart or sophisticated investor, is the best way to give yourself optionality to do these other things you want to pursue later’’
-Chase-
‘’Whatever the number is, start learning, start experimenting, start putting money to work for you. Otherwise, you’ll always have to work for the money’’.
-Chase-