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Consumer Unicorns: the art of building billion dollar startups Jim Scheinman Founder and Managing Director @jimscheinman & @mavenVC
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[WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Jul 15, 2015

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Page 1: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

   

Consumer Unicorns: the art of building billion dollar startups

Jim Scheinman

Founder and Managing Director @jimscheinman & @mavenVC

Page 2: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"
Page 3: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

About Maven

• Founded in 2013 in Palo Alto • Consumer software hyper-growth • Early stage • Fund I: $7.5M Micro VC and Incubator • 15 investments per year

Our portfolio: a few examples

Page 4: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

A vision worth fighting for

Page 5: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Does the problem really need fixing?

Page 6: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Hacker   Designer   Hustler  

Founding team

Page 7: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Hacker   Designer   Hustler  

Founding team

Page 8: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Founding team

Hacker   Designer   Hustler  +  

Page 9: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Culture

Page 10: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Culture Mission

Maven is the premier incubator and early stage investor for hyper-growth consumer founders

Values 1.  Collaborative: We are not political, willing to share praise, and honest and

transparent with each other. We put the team and company first. 2.  No jerks: We are happy, positive, and fun to work with. 3.  Accountable: We are high-performing, get stuff done, and value attention to

detail. 4.  Curious: We are always willing to learn. We are knowledgeable and strive to

be experts in our field. 5.  Self-starters: We take initiative, work autonomously, and are resourceful.

Page 11: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Product/market fit & consumer growth hacking

Page 12: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

No silver bullet

Page 13: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Language/market fit

I  Agree   Cool            +1  

Page 14: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Focus (and there’s a time to focus on revenue)

vs.  

Page 15: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Mentor whiplash

Page 16: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Investors

Page 17: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

Luck and timing: a Bebo story

Page 18: [WMD 2015] Maven Ventures >> Jim Scheinman, "Science Meets Art: How To Build A Consumer Unicorn Hyper-Growth Company"

We’d love to meet you! • Tell us your “vision worth fighting for” in 30 seconds • Remember the filters: consumer software, hyper-growth, early-

stage, technical team • Follow up with Sara Thomas at [email protected]

@mavenvc  @jimscheinman