Gigi Levy-Weiss of NFX joins Nick on a special Crisis Coverage installment to discuss What’s Next in Gaming; The True Essence of Product-Market-Fit; & Investing with an Emphasis on Retention and Engagement. In this episode, we cover:
- Background and path to venture
- The thesis and your focus at NFX?
- Did you invest in Houseparty when it was Meerkat?
- You’ve written about your thoughts on PMF… How do you assess whether a company has real product market fit?
- What advice would you have for those still trying to find it?
- With this focus on product and retention… What’s your response to investors that say distribution is more important than product?
- Why do you think VC interest has been declining in the gaming space?
- What has been the history/evolution in the gaming sector?
- What’s next for gaming — Is there a step beyond the platform?
- Are there any niches or segments within gaming or esports where you see the most potential?
- 3 Data points:
- Let’s say a gaming startup comes to you… they have 50k DAUs, K value of 1, 20 % MoM growth…
- What 3 data points do you ask for and why?