Venture-building as a venture capitalist, and insights into Web3 for customer acquisition and retention :: with Jonathan Hung
In this episode of Ventures, my guest Jonathan Hung (https://www.linkedin.com/in/jonathanhung/) and I discuss all-things venture building/investing, his work as a venture capitalist, and the story of his startup, Kitchen Data Systems (https://kitchdata.com/). We talk about advice for emerging fund managers, how founders and startup investors should be thinking about the current state of the market, the potential for Web3, interesting startup markets for investing, and general advice for entrepreneurs today.
You can watch this episode below or listen on Apple Podcasts, Spotify, Google Podcasts, or wherever you get your podcasts (search for “Ventures”).
0:56 - Tee-up for the episode, venture building/investing
1:19 - Jonathan’s background and story, taking over the family business, investing, then becoming a founder (Kitchen Data Systems)
4:03 - What sparked Jonathan’s interest in getting into the startup game himself?
7:40 - For emerging fund managers listening in - first time fund managers - what advice does Jonathan have for them?
10:35 - What’s Jonathan’s take on the current state of the market? How should we (founders/investors) be thinking about it?
12:24 - How does Web3 change the game regarding community and customer acquisition?
14:19 - How disruptive does Jonathan think that blockchains will be to change the game?
15:47 - Is Jonathan thinking about a Web3 angle for his B2B kitchen business? See: https://www.harmony.one/
17:22 - Are merchants allowed to extract customer data from credit cards?
19:03 - What areas/markets are Jonathan interested in from an investor perspective?
21:23 - Where should people go to learn more about Jonathan and Kitchen Data Systems. https://jonathanhung.com/ // https://kitchdata.com/
21:53 - What advice does Jonathan have for entrepreneurs starting out their journey?
24:14 - Best way to get a hold of Jonathan: https://www.linkedin.com/in/jonathanhung/