Sramana Mitra: Very interesting. I would definitely like to learn more about EverlyWell. I’ve seen a company like this – Iris Wellness, which dealt with the issue of the physicians not wanting to process. None of the physicians were equipped to deal with it. I’m very curious about how she is handling the interface with
Sramana Mitra: Talk about some examples of what you have really invested in and more about the ones that are conviction investment. Michael Smerklo: I’ll give you one example. I’m on the Board of a company called EverlyWell in Austin, Texas. This was an idea that we were looking at. This is disrupting the lab
Sramana Mitra: What is the current fund size? $50 million is a small fund size to do $5 million to $10 million checks. Michael Smerklo: We ended up being way oversubscribed for fund one. We ended up being just under $90 million for fund one. It was twice larger than we expected. Sramana Mitra: To
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Michael Smerklo was recorded in April 2019. Michael Smerklo, Co-Founder and Managing Director at Next Coast Ventures, talks about some of the ventures his firm has invested in and the philosophy in
Michael Smerklo, Co-founder and Managing Director at Next Coast Ventures, talks about some of the ventures his firm has invested in and the philosophy in general.