227. Crisis Coverage w/ Melody Koh - Super-Technologies; The Everyday Economy; The Overlooked Working Class; and Fear of Missing Out vs. Fear of Looking Dumb

Melody Koh of Nextview Ventures joins Nick on a special Crisis Coverage installment to discuss Super-Technologies; The Everyday Economy; The Overlooked Working Class; and Fear of Missing Out vs. Fear of Looking Dumb. In this episode, we cover: Background and path to venture Thesis and Focus at NextView Hands-on approach (only 2-3 investments/yr)? You wrote that when it comes to investing in the COVID era -- FOMO (Fear Of Missing Out) is replaced by FOLD (Fear Of Looking Dumb). What are you seeing from other investors? How will this effect 'Seed' as a Stage of investing? How has the crisis effected your approach? Conviction without face to face? Recently heard about NextView's new virtual Accelerator... congrats on the launch. Can you give us a quick overview of the program? Do you have any predictions on the long-term effects of this crisis on the 'Everyday Economy'? I saw your tweet about companies shifting the real estate burden to employees as everyone works from home... do you think companies should subsidize this? Super-Technologies...  railroads, electricity, automobiles, and now internet connectivity.  Ideas about what may be some of the next infrastructure type super-technology? Why do you think the working class has been overlooked as an opportunity for innovation? You cite labor as an opportunity ready for innovation. Why is now the time for innovation here? You point out a really interesting observation -- that this demographic is more likely to use smartphones as their daily driver and that they tend to skew towards older devices. What does that mean for new tech products? Are there examples of tech companies that have successfully built a company designed for this category of workers? What are the key success factors or key criteria for success, when launching technologies for the working class? Which working class industries do you think are in the best position for change? To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes. Also, follow us on twitter @TheFullRatchet for updates and more information.