The Twenty Minute VC
p/the-twenty-minute-vc
A 20-minute VC podcast.
Harry Stebbings
The Twenty Minute VC: Lyon Wong, General Partner @ Spectrum 28 — You don't have to have operational experience to be a VC
Featured
1
Replies
Harry Stebbings
@LyonWong is the Founding General Partner @S28VC, a $170m Silicon Valley fund that invests in companies who leverage data and computation to create and transform large industries. Prior to Spectrum 28, Lyon was Partner @ Lightspeed Venture Partners, the $3bn VC fund with investments in the likes of @Snapchat, @Nest and @Giphy, just to name a few. Before Lightspeed Lyon spent time with leading Silicon Valley seed fund, SV Angel, where he worked with the likes of Ron Conway and @DavidLee. Huge thanks to @eriktorenberg @alokvasudev for the intro to Lyon today! In Today’s Episode You Will Learn: 1.) How did Lyon come to be GP of Spectrum 28 with their recent $170m fund? 2.) Why does Lyon believe that you do not have to have operational experience to be a good investor? What are the core components to beeing a good investor and value add investor? 3.) Why does Lyon believe that there is no optimal stage to invest? How does he evaluate the efficiency curve and positioning on it? How does this affect his thesis? 4.) Why does Lyon believe that funds must focus on reputation instead of cash on cash? What is the most effective and scalable way to build a reputation in today's venture ecosystem? 5.) How does Lyon evaluate team building at Spectrum 28? What did he look for in potential partners? How does he look to implement generational transition into the fund? Items Mentioned In Today’s Episode: Lyon’s Fave Blog: @Medium, @Quora Lyon’s Fave Book: Meditations by Marcus Aurelius Lyon’s Most Recent Investment: @PatientBankHQ by @pfletcherhill @trembleice @kevingrassi