Chapter
Venture Capital Firm Vice Ventures Investing in Taboo Products
06:21 - 09:39 (03:18)
Vice Ventures aims to invest in products that many mainstream investors shy away from, such as cannabis and adult industries, as they believe these areas are lucrative but untouched. Due to concerns from their investors, LPs, traditional VCs are often hesitant to invest in such taboo products.
Clips
The co-founder of Blab, the video chat startup that failed in 2016 after raising $12 million, shares advice with other entrepreneurs.
06:21 - 07:01 (00:39)
Summary
The co-founder of Blab, the video chat startup that failed in 2016 after raising $12 million, shares advice with other entrepreneurs. He suggests that it's important to make a personal choice about what direction to take your start-up in and gives an example of how Blab could have considered the cam girl angle.
ChapterVenture Capital Firm Vice Ventures Investing in Taboo Products
Episode#48 - NSFW Tech, HQ Trivia & Auctions
PodcastMy First Million
Vice Ventures is a fund that invests in spaces that are considered controversial by traditional investors.
07:01 - 08:32 (01:31)
Summary
Vice Ventures is a fund that invests in spaces that are considered controversial by traditional investors. They focus on spaces like cannabis or alcohol where traditional LPs won't invest because of the stigma associated with those spaces.
ChapterVenture Capital Firm Vice Ventures Investing in Taboo Products
Episode#48 - NSFW Tech, HQ Trivia & Auctions
PodcastMy First Million
The speaker discusses a smart approach to building a brand centered around being unique, citing his investment in the nicotine replacement company Lucy as an example.
08:32 - 09:10 (00:38)
Summary
The speaker discusses a smart approach to building a brand centered around being unique, citing his investment in the nicotine replacement company Lucy as an example. He also mentions a person named Dave who had great ideas and discusses getting him on the podcast.
ChapterVenture Capital Firm Vice Ventures Investing in Taboo Products
Episode#48 - NSFW Tech, HQ Trivia & Auctions
PodcastMy First Million
The speaker describes their experience working at the Founders Dojo, a dirty and inappropriate office reminiscent of the TV show "Silicon Valley."
09:10 - 09:39 (00:28)
Summary
The speaker describes their experience working at the Founders Dojo, a dirty and inappropriate office reminiscent of the TV show "Silicon Valley."