Disclosure certainty 4/5 debate potential 1/5

Maiden Lane originally planned to make half its deals offline

Dustin Dolginow · 20VC: The First Online Venture Fund Built On AngelList with Dustin Dolginow @ Maiden Lane · Feb 10, 2016 · at 8:48

Dustin Dolginow is General Partner at Maiden Lane, a venture fund created to invest in AngelList syndicates.

0:00 / 0:10exact quote · 10.8s
720p mp4 · rendered on demand · StarZero watermark
“Initially, we didn't even think there would be enough deal flow on AngelList, and so we put it in our documents that we would do half the deals offline in a more traditional manner, and then half online, kind of waiting for the platform to scale.”

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 Dustin Dolginow

Prediction Not checkable as stated
Venture capital knowledge will become distributed rather than insider-only
“Maiden Lane is being built and AngelList is being built, you know, in the middle of a city center of a major city, and I think that's sort of the bigger trend of where venture is going. It is no longer going to be a skill set or knowledge of the very few. It's…”
Dustin Dolginow Feb 10, 2016 ▶ 7:19 20VC: The First Online Venture Fund Built On AngelList with Dustin Dolginow @ Maiden Lane
Prediction Held up
Consensus VC decisions will decline as conviction investing and LP directs grow
“We're going to see three pretty basic models emerge for how decisions are made, all the way up from LPs down, down to small seed funds. And the three buckets are going to be consensus-based decision-making, and that's every fund that, you know, has pretty much…”
Dustin Dolginow Feb 10, 2016 ▶ 17:46 20VC: The First Online Venture Fund Built On AngelList with Dustin Dolginow @ Maiden Lane
Prediction Held up
Top VC firms will be forced to adapt to new funding models
“Sequoia, Benchmark, Andreessen Horowitz, they're not going away anytime soon. This isn't like, we're out to beat them and kill them. Not in the same way Airbnb is not going to delete hotels overnight. It's going to change how hotels work. I think that's a bett…”
Dustin Dolginow Feb 10, 2016 ▶ 18:55 20VC: The First Online Venture Fund Built On AngelList with Dustin Dolginow @ Maiden Lane
Disclosure
Maiden Lane charges 30% carry to share economics with syndicate leads
“The reason we asked for 30% carried interest is because we share 15 to 20% of that carried interest with syndicate leads.”
Dustin Dolginow Feb 10, 2016 ▶ 12:52 20VC: The First Online Venture Fund Built On AngelList with Dustin Dolginow @ Maiden Lane
Opinion
Prescription delivery is the most overhyped tech sector
“Probably prescription delivery is amazing. It went from like one company to six in three months. It was wild to watch.”
Dustin Dolginow Feb 10, 2016 ▶ 20:54 20VC: The First Online Venture Fund Built On AngelList with Dustin Dolginow @ Maiden Lane
Opinion
Canada's tech ecosystem is thriving due to a lower cost of living
“This probably is in the sector, but I think Canada for the last two years deserves full credit for just really slaying it. I think it's an indication of how important cost of living is to young companies getting their start. And Canada as a country is just fro…”
Dustin Dolginow Feb 10, 2016 ▶ 21:04 20VC: The First Online Venture Fund Built On AngelList with Dustin Dolginow @ Maiden Lane
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.