Sramana Mitra: Quizlet reminds me of Course Hero which is a company that we have covered extensively as well. Mark Selcow: I’m not as familiar with Course Hero but the world of online mastery and online learning is pretty rich. Sramana Mitra: Course Hero is doing tremendously well. Now you may want to check out
Mark Selcow: We had a market thesis that more and more employers were going to steer their employees to high-deductible plans because they work. There seemed to be a possible regulatory tailwind where the constraints on a high deductible plan might be relaxed at some point and anyone would be eligible for an HSA. So
Sramana Mitra: There’s another company that I encountered. It was an Australian company that also did very well starting in Australia. It was also this mobile temporary workforce management type of thing. Have you seen this company called Deputy? Mark Selcow: Yes. Deputy has done really well. Sramana Mitra: Yes. I love these kind of
Sramana Mitra: Let’s talk about some examples of what you have invested in. In particular, talk about when you encountered the company. At what stage did you invest? What did they have that convinced you that this is a really interesting opportunity that you would like to bet on? Mark Selcow: Skedulo is a company
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Mark Selcow was recorded in March 2019. Mark Selcow, General Partner at Costanoa Ventures, talks about the firm’s primarily B2B investment thesis and strong penchant for investing in companies that have grown
Mark Selcow, General Partner at Costanoa Ventures, talks about the firm’s primarily B-to-B investment thesis and strong penchant for investing in companies that have grown up outside the Bay Area.
Sramana Mitra: I think this whole unicorn mania has been created by the sheer stupidity of the entrepreneurship media. They’re so driven by funding announcements. Every time somebody has a funding announcement, they run up lots of articles about the funding announcement. Entrepreneurs mistakenly believe that funding announcements are good. It’s not necessarily good. If
Sramana Mitra: A few trends questions. How do you process the current investment climate where capital is moving further and further upstream? How does a seed investor mitigate the Series A gap? Statistically, there has been a lot of micro-VCs in the market. There’re a lot of pre-seed, seed, and pre-Series A investments but the