Zaveri: Broad themes like frontier tech are marketing labels needing sub-themes
MZ Zaveri · 20VC: Kleiner Perkins' MZ Zaveri on Why Success In Venture Is About The 3 F's, How VCs Can Manage Deal Heat & Is There Too Much Venture Dollars At Seed · May 29, 2017 · at 18:50
MZ Zaveri, Partner at Kleiner Perkins, evaluates the rise of thematic investing in venture capital.
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“Themes have sub-themes. So, you know, if you are sort of a, hey, we're frontier tech, You know, we're frontier tech investors, or, you know, we invest in machine intelligence. That's very broad at that point. Is it autonomous driving? Is it smarter applications? Is it applications to do sort of AR in the physical world for consumers? You know, I'd say, like, I'd say at that point, that's really sort of an overarching theme, and more of a marketing You just want to make sure sort of that is big enough, and then you're finding the pockets with sub themes or pockets within it.”
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