The Full Ratchet: Vc | Venture Capital | Angel Investors | Startup Investing | Fundraising | Crowdfunding | Pitch | Private E

Jim Kim of Builders VC joins Nick to discuss Transformative Tech for Old World Industry. In this episode, we cover: Quick Backstory/ Path to founding tech? Big news a few years ago that Formation 8 decided not to raise a fund 3. What happened with Formation 8 - why the decision not to raise fund 3? Tell us about the thesis at Builders. Why do you think these old world industries haven't been re-invented? I've worked in some old world industries myself... that move quite slowly. I'm curious if you think the timeline is a bit longer for tech companies to scale in these industries, if, for nothing else than the decision makers are much more methodical?  What are some of the key technology characteristics you're looking for in the companies you back? Aside from technology, what are the other key ingredients your hunting for? Vertical integration... building your own brand and own the customer relationship vs. serving many others as a component provider? What percentage of your new investments are seria