174. VCs Ride the Bus, Comeback Cities & Unorthodox Investing

Roy Bahat of Bloomberg Beta joins Nick to discuss VCs Ride the Bus, Comeback Cities & Unorthodox Investing. In this episode, we cover: Backstory / Path to Bloomberg Beta Bloomberg Beta has taken a self-described "unorthodox approach"-- Tell us about your approach and why it's unique. I was exploring your page on Github and noticed that you've open sourced the entire operating manual-- why'd you do so and do you think other VCs should do the same? What's worked and what hasn't? You've talked about how you struggled figuring out what you wanted to do for a living. Have you figured it out? So, last year a number of SF-based VCs got on a bus and traveled the Midwest in what they called the Comeback Cities tour. Tell us about the experience and why you and others came to the Midwest to look for opportunities? How did the tour lead to a venture fund? Why do you think it's important to work w/ angels in the Midwest? What surprised you on the trip? Can you talk a bit about machine intelligence and how it's impacting the future of work? How do you see the VC asset class changing over the next few years?