Jon Staenberg is one of the most experienced venture capitalists in the Pacific Northwest, having made over 250 startup investments and having raised two funds totaling over $100 million. Jon’s investments include the likes of AngelList, StubHub, SAPHO, KitchenBowl (through AngelList syndicates) and many more. If that wasn’t enough Jon sits on the boards of Class.com, Micropath and even owns his own vineyard! Previously, Jon worked in the marketing area at Microsoft for six years and is a Stanford alum!
1.) How Jon started off in the tech industry and then made his move into venture?
2.) Having established 5 companies, what was the hardest element of the process and how did Jon overcome it?
3.) Having invested in over 250 startups what is Jon’s investment strategy? What is Jon looking for in startups?
4.) Once invested in a startup, what is Jon’s role and what services can VCs bring to a startup?
5.) Whether Jon feels AngelList syndicates are going to change the funding environment? Does it present a challenge to the more traditional VC model?
We then finish with a quick fire round where we hear Jon describe the highlight of his glittering career, the biggest tip Jon would give to an aspiring entrepreneur and his most recent investment and why he said yes?
Quote of the Day: “We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard.” John F. Kennedy
Chris Dark is President International at C2FO, the Union Square Ventures backed company is the priceline for working capital where companies ‘name their own price’. Prior to C2FO, Chris was VP at Atomico, the London based venture fund founded by Nicklas Zennstorm. At Atomico, Chris was on the boards of Chemist Direct, Fab, Hailo, Quipper, Wrapp, Knewton, Bebestore, and Gengo. If that wasn’t enough Chris has also held roles at AOL, Bain & Co and started his own company GameReplays.org, an early esports community, which Chris built to 1 million uniques per month!