Business
Gigi Levy-Weiss of NFX joins Nick on a special Crisis Coverage installment to discuss What's Next in Gaming; The True Essence of Product-Market-Fit; & Investing with an Emphasis on Retention and Engagement. In this episode, we cover: Background and path to venture. The thesis and your focus at NFX? Did you invest in Houseparty when it was Meerkat? You've written about your thoughts on PMF... How do you assess whether a company has real product market fit? What advice would you have for those still trying to find it? With this focus on product and retention... What's your response to investors that say distribution is more important than product? Why do you think VC interest has been declining in the gaming space? What has been the history/evolution in the gaming sector? What's next for gaming -- Is there a step beyond the platform? Are there any niches or segments within gaming or esports where you see the most potential? 3 Data points: Let's say a gaming startup comes to you... they have 50k DAUs, K value of 1, 20 % MoM growth... What 3 data points do you ask for and why? To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, follow us on twitter @TheFullRatchet for updates and more information.