Everything Nick Beim said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Beim: It remains harder for female entrepreneurs to raise VC funding
“In direct answer to your question, I think it still is harder for female entrepreneurs to raise money, and it's sort of an uncomfortable truth in the industry, but I do think it's important to call out”
Beim: Gilt Groupe could not have succeeded equally on the West Coast
“Having vested in guilt when it was just three people, I can promise you could not have built that company to the same degree of success in the West Coast, because, you know, all of the fashion brands are in New York, all of the great merchandising talent, desi…”
Nick Beim: New York is by far the most exciting East Coast startup hub
“I think Boston is still great at a number of areas, but I think New York has really become, by a significant margin, the most exciting startup hub on the East Coast.”
Dataminer detected Bin Laden's death 28 minutes before Bloomberg and NYT
“So for example, they had identified the assassination of Bin Laden 28 minutes before Bloomberg in the New York Times.”
Beim: A $60B pipeline of successful female-founded tech companies exists
“There is a pipeline, and I've actually done some research on this and wrote a blog on it, it's about a sixty billion dollar pipeline of very successful female-founded companies, including Epic Systems, Theranos, Eventbrite, Howes, Guild, many others.”
Beim: Major financial platforms will offer social impact funds within five years
“And I, my strong bet is that these Types of metrics will evolve and that say in the next five years, many major institutional investors and every major consumer internet platform like Fidelity or personal capital will offer access to some kind of social impact…”
A hedge fund beta customer offered Dataminer a $1B fund partnership
“In fact, one of the customers wanted them to build a fund with them, and, you know, a billion dollar fund and split the And, you know, Dataminer didn't do that, but it was a it was an interesting indication of how powerful the technology was.”
Beim: Venture capitalists invest primarily based on pattern recognition
“Venture capitalists, when you really get down to it, invest primarily on the basis of pattern recognition. They see things working, and they see similar opportunities, and that helps them de-risk their investment.”
E-commerce startup launch costs fell from $30M+ to under $2,000
“If you wanted to start an e-commerce firm, it would cost 30, forty million dollars. You'd need 30 MIT engineers. Today, you can do it over a weekend for less than 2000”
Beim: Fred Wilson built a top VC firm without West Coast advantages
“I think more recently, I was very impressed with what Fred Wilson had done without the existing platform or assets that, that, you know, some of the, you know, longstanding West Coast firms have had.”
20VC 1