Jim Scheinman
Founder & Managing Partner, Maven Ventures. On 1 show, 1 appearance. The Shows tab opens the full record on each.
Jim Scheinman is the Founder and Managing Partner at Maven Ventures, a seed-stage consumer VC firm. Prior to Maven, he served as Head of Business Development and Sales at Friendster.
1shows
1appearances
13statements
1resolved
1supported
0contradicted
100%fully supported
Everything Jim Scheinman said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Mobile photo swiping will look primitive compared to VR social by 2021
“I actually, I'll go on record and say, I think in three to five years, and maybe even sooner, we'll look back and laugh at how we thought swiping through pictures on mobile or looking at photos on the internet was social networking.”
Facebook and Twitter monopolies make scaling new mobile consumer apps nearly impossible
“But the truth is it's going to be really hard to scale another consumer app in the mobile shop. I mean, it's just mature. It's a mature market. And the big players that have a monopoly like Facebook and Twitter are not opening their platforms anymore.”
Breakout consumer tech success is 80% luck and timing
“Number 10, which unfortunately you and I have very little control over, is luck and timing. And that's about 80%, right? You have to do all these amazing things, have the right vision, have the right team, have the right culture, have the right marketing, you …”
Yahoo will not survive as an independent company for much longer
“It was Yahoo and still around, not for long though”
Friendster's social networking concept was a $100 billion market opportunity
“And that really was a hundred billion dollar idea.”
Maven Ventures sold mobile app Check to Intuit for nearly $400M
“One called check, which we sold to Intuit last year for almost four hundred million dollars.”
Tango reached a $1 billion valuation with 350 million users
“Tango, we were, I was, you know, I helped name that company. It was the first mobile messaging video conferencing app on the iPhone, Android phone, still has three hundred fifty million customers. We had a billion dollar valuation last year by Alibaba investme…”
Consumer startups fail by only offering incremental product improvements
“Most startups fail in the consumer space when they build something that's a little bit better than what you can do. Because frankly, like, we're lazy. Consumers are lazy. And if I have to learn a new habit, it better be something so great that I need to do, or…”
Maven Ventures passed on Bitcoin because the asset class didn't speak to them
“We're not an investor in Bitcoin and, you know, money works. It could be better. Yeah. We'll see. I mean, I, I'm not a in super opposition to a Bitcoin, but it didn't speak to us.”
Jim Scheinman passed on Waze because Kleiner Perkins drove the valuation too high
“In particular, one that I got there just a little bit too late was Waze. I love Waze. And you know, Kleiner put a bunch of money and it was too expensive for me at that point”
Jim Scheinman missed out on investing early in Airbnb
“As soon as I saw Airbnb, missed that one too, but I thought an Airbnb for food idea was a big idea”
NBC Internet reached a $6 billion valuation overnight after going public
“And overnight we were a six billion dollar company.”
One line per show, most statements first. The link opens Jim's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 20VCLEDGER | Founder & Managing Partner, Maven Ventures | 1 | 13 | 100% 1/1 | full record on 20VC → |