239. What’s Next in Gaming; The True Essence of Product-Market-Fit; & Investing with an Emphasis on Retention and Engagement (Gigi Levy-Weiss)

239. What's Next in Gaming; The True Essence of Product-Market-Fit; & Investing with an Emphasis on Retention and Engagement (Gigi Levy-Weiss)
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Nick Moran Angel List

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?

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