Red Beard Ventures investor Elana Dickman prioritizes strong founders with relevant experience above all else. She targets seed to Series A companies with clear traction and product-market fit, and focuses on infrastructure projects like Zero Tech, which built end-to-end DAO infrastructure for Wilder World.
Chapters
When you look at a Web3 company or any company in specific, what are the key characteristics that you're looking for in a company that you'd consider adding to your portfolio?
Yeah, so the first, as most people would say, is always going to be the founders. So what was their background? What have they done? Why are they kind of the perfect fit to actually make this company successful? A lot of times we're pre-seed to Series A, but kind of the sweet spot that I look for is more that seed. So What's their traction right now? Do they have a product-market fit? Who are their competitors in the space? How are they differentiating themselves? And then I'm looking for the companies that are the infrastructure behind Web3. So one of our biggest investments right now has been Zero Tech. It's the founders of Wilder World. They're absolutely insanely smart and they're doing end-to-end DAO infrastructure. And that excites me because I feel like what's going to help really build the next generation of Web3.