OFF RCRD with Cory Levy

16 | NIKO BONATSOS - VC at General Catalyst & Investor in Snapchat

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Sinopsis

This week, Cory speaks to venture capitalist Niko Bonatsos, who is well known for being a managing director at General Catalyst, a multi-billion dollar venture capital firm where he was instrumental in the investment in Snapchat. In this weeks episode, Niko tells us about how he went from being an entrepreneur to a VC, the behind the scenes details on meeting Snapchat and what happened in the initials meetings that’d lead to being one of the most lucrative investments in the firm. He also gives us what metrics he looks for when evaluating a startup and he tells us which side of the Bitcoin debate he’s on. “IF YOU DON’T KNOW WHAT YOU WANT TO DO…FIND PEOPLE THAT CAN INSPIRE YOU.” When Niko Bonatsos (@Bonatsos), Managing Director of General Catalyst, started in technology, he didn’t consider becoming an investor because he was too focused on trying to build his social networking company. “I wasn’t looking to become a venture capitalist. I ended up becoming one because my startup failed,” says Niko, who talks wit