Menashy: Apple Watch v1 will be rubbish but sell well
Simon Menashy · How to Pitch a Top VC with Simon Menashy @ MMC Ventures · May 25, 2015 · at 19:02
Simon Menashy, Investment Director at MMC Ventures, shares his forecast for the Apple Watch product line during a quickfire round.
0:00 / 0:08exact quote · 8.1s
720p mp4 · rendered on demand · StarZero watermark
“My personal view, I would say version one is going to be rubbish, but still sell a lot. And version two will be much better and a big success.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Simon Menashy
Menashy: Only 10 VCs in London write active Series A checks
“I could probably name you 10 VCs in London who can write a good Series A check and will do more than a couple of those a year, and that's a problem for the community, I think.”
Menashy: Uber expands the transport market rather than replacing black cabs
“I don't think it's replacing black cabs. I mean, there may be a little bit of replacement in the short term, but I think it's enabling totally new journeys.”
Menashy: MMC Ventures primarily invests in familiar founders or warm referrals
“Most of our investments are people that we've known for a few years by the time we invest, or they're people that have come through a really a person that we trust and it makes us pay more attention and get that person in front of us quicker.”
Menashy: Founders over-prepare pitch decks and under-prepare for VC Q&A
“I mean, honestly, I think a lot of founders make the mistake of thinking that they need to come up with a really big formal pitch. They need to fill an hour. They produce a big IM you know, and they kind of over prepare on the documentation and the format and …”
Menashy: EIS tax scheme made the UK a top European VC hub
“EIS is a fantastic example that has made London one of the best places, and the UK generally, one of the best places to raise venture capital funding in Europe, and it's brought a lot more capital into the market from sources that might otherwise not be lookin…”