EP59 Failing Forward and Succeeding Faster in Venture Capital with Blake Modersitzki

Our guest is managing one of the most successful VCs in the USA - Blake Modersitzki knows how to help early-stage companies reach their full potential.He started his career in the late 80s in WordPerfect Corporation before he was put in charge of a 300 million dollars in-house corporate venture fund at Novell, Inc.In 2002 he founded Pelion Venture Partners, a company with the top 10 track record of VCs in the USA!Almost 20 years later, he is still at the top of the game, pursuing the next disruptive technology to invest in.Tune in to learn about:- The current venture investment climate worldwide- New trends in tech start-ups- How to identify disruptive new tech businesses- How much entrepreneurship has changed in the last 30 years.Enjoy! Host: Vuk Zlatarov Guest: Blake ModersitzkiProduction company: PoddsterStart your own podcast! Book a free consultation at https://poddster.com/ Follow our guest on Linkedin: https://www.linkedin.com/in/blakemodersitzki/or Twitter: https://twitter.com/blakemodCheck out Pelion Venture Partners: https://pelionvp.com/LISTEN TO THE PODCAST 🎙 SoundCloud - http://bit.ly/SC_TheChangeOfficer Apple Podcast - http://bit.ly/Apple_TheChangeOfficer Google - http://bit.ly/Google_TheChangeOfficer Spotify - http://bit.ly/Spotify_TheChangeOfficer CONNECT WITH US: Website - https://www.thechangeofficer.com Instagram - https://www.instagram.com/thechangeof...LinkedIn - https://www.linkedin.com/company/the-...Facebook - https://web.facebook.com/TheChangeOff... Twitter - https://twitter.com/changeofficer_TIMESTAMPS:00:00 - Highlights00:48 - Intro03:34 - Family history of entrepreneurship05:44 - Explosions of software and Internet in the 1990s08:45 - A business failure that later produces success11:30 - How to choose the companies that will be invested in16:29 - Bet early for a later success20:23 - Are the opportunities endless in 2021?22:48 - What is an essential question to ask when you are looking for a disruptive idea26:35 - Crypto madness31:45 - How PVP measures its success35:21 - Importance of higher education39:18 - Critical steps in creating eco-system that supports entrepreneurs42:28 - The biggest mistake that Blake made44:45 - The hardest thing about building a PVP in the US47:27 - Interweaving of the relationship of VC's and startups49:09 - Sports talks50:52 - Blake's opinion on the podcasts as a business in general52:53 - Blake's recommendation for anyone coming to Utah53:40 - Outro