Carey Lai, Founding Member and Managing Director, Conductive Ventures, "My Path to starting my own Venture Capital Firm"

Our guest for today's podcast is Carey Lai, Founding Member and Managing Director at Conductive Ventures, a venture capital firm that invests in expansion stage companies with a focus on software, hardware, and technology enabled services.   In 2016, after a 12 year career in venture capital working for two of the best in the business: Institutional Venture Partners (IVP) and Intel Capital, Carey left his job in pursuing the dream of most venture capitalists, starting his own venture capital firm.  After over a year, 150+ investor meetings, and failing to secure enough capital to run their strategy, Carey and his partner concluded starting a fund was not in their cards.   In 2017, as Carey began to look for a job, his fortune took a turn for the best and he landed a $100 million seed commitment from an investor to launch his own venture capital firm.  How did he do it?  Well, you are in the right place to hear his story and the lessons learned during his journey.