How he founded one of the most successful venture capital firms in history // Chuck Newhall, Co-Founder of NEA

The Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing

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How he founded one of the most successful venture capital firms in history // Chuck Newhall, Co-Founder of NEA

The Consumer VC episode 238 with Chuck Newhall, Co-Founder of NEA

Mike Gelb

Sep 02, 2022

Welcome to The Consumer VC, a newsletter about venture capital and consumer startups delivered straight to your inbox. If you aren’t subscribed, come and subscribe below.

Hey Friends,

Our guest today is Chuck Newhall, one of the founders of New Enterprise Associates (NEA). NEA is one of the largest and most renowned venture capital firms in the world. The companies he financed have over $400 billion in revenue today. He’s also a Vietnam War veteran and earned many combat decorations including the purple heart and is an American hero.

His latest book “Dare Disturb the Universe: A Memoir of Venture Capital” is an amazing story about the history of investing in innovation and his career in venture capital. I really enjoyed reading it and highly recommend.

I discuss with Chuck:

The history of venture capital
When was the moment he knew he wanted to be an investor
Who gave him the name for New Enterprise Associates
The NEA model and incentive structure
How NEA was different to Kleiner-Perkins
What’s changed in venture capital over the past 45 years
Why venture capital is different to other financial assets and should be taxed differently

I hope you enjoy listening!

Discussion about this podcast

The Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.

Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.

Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.

This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.

For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.

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