Ezra Galston of Chicago Ventures explains how enterprise client entertainments allow corporate B2B event marketplaces like Kapow Events to achieve high repeat usage.
0:00 / 0:13exact quote · 13.6s
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“If you think about, like, Deloitte or BCG or Google, like, they're throwing, you know, they're hosting clients every single night, 365 days of the year, right? So there's actually a huge amount of frequency potential even in B to B marketplaces”
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More from Ezra Galston
PredictionHeld up
Galston predicts in 2015 that Bitcoin will succeed long-term
“I love Bitcoin. I've spent a lot of time looking into it. You know, I'll take Ben Horowitz's side of the Felix Salmon bet. I think it'll fly long term.”
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AssertionContradicted
Galston: One-third of the Fortune 500 is headquartered in the Midwest
“A third of the entire Fortune 500 is right here in the Midwest.”
Ezra GalstonAug 17, 2015▶ 7:2920 VC 063: What It Takes To Standout In A Crowded Market with Ezra Galston @ Chicago Ventures
AssertionNot checkable as stated
Galston: Chicago is Uber and Instacart's second or third largest market
“If you ask Uber or Instacart, what, you know, their second or third most important market is, it's almost inevitably Chicago.”
Ezra GalstonAug 17, 2015▶ 8:1520 VC 063: What It Takes To Standout In A Crowded Market with Ezra Galston @ Chicago Ventures
Disclosure
Chicago Ventures avoids leading SF and LA rounds without local proximity
“For kind of our investments in SF for LA, we're traditionally not the lead investor because we do like to lead that, leave that to someone who is a little bit closer, can be a little bit more hands-on.”
Ezra GalstonAug 17, 2015▶ 9:0920 VC 063: What It Takes To Standout In A Crowded Market with Ezra Galston @ Chicago Ventures
Insight
Galston: Marketplace supply becomes sticky when workers double their traditional earnings
“And if they're making double, then that's great news, and that starts to really excite me, because then I just know they're going to be sticky.”
Ezra GalstonAug 17, 2015▶ 12:0320 VC 063: What It Takes To Standout In A Crowded Market with Ezra Galston @ Chicago Ventures
Opinion
Galston rates Etsy stock between a sell and hold at $1.6B
“So I actually just looked it up. It's basically at 1.6 billion, which is where it kind of went out. I'd say somewhere between a sell and a hold.”
Ezra GalstonAug 17, 2015▶ 22:5320 VC 063: What It Takes To Standout In A Crowded Market with Ezra Galston @ Chicago Ventures
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