NextGen Newsletter - January 2022

NextGen is a 20+ year old community supporting each new generation of venture capital talent.

HAPPY NEW YEAR Y’ALL! Hope 2022 is off to a fantastic start for all of you. The first month of the year has seen some MAJOR acquisition news ($12.7B for Zynga by Take Two and $68.7B for Activision by Microsoft) and a pretty major shakeup in the pre-seed fundraising landscape from Y Combinator (new standard deal updated to $500K)! Never a dull moment here.

Thanks for bearing with us on our slightly later publishing date this month, we wanted to wait until we could confirm a special fireside AMA that we’ll be hosting with Turner Novak from Banana Capital! Turner will be sharing his solo-capitalist fundraising journey as well as his foray into Tik Tok content creation. Stay tuned for the registration details!

Catch you all soon, hope you stay safe out there! Fingers crossed that the Omicron wave passes ASAP and we’ll all be able to get back to more IRL hangouts soon.

Thanks,

Shawn and the NextGen Board

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Investors You Should Watch 👀

• Annie Case and Josh Coyne have been prompted to Partner at Kleiner Perkins.

• Bryan Subijano and Sharla Grass have been promoted to Principal at Greycroft.

• Matt Levinson, has left Fintech Collective (where he was a Principal) and has joined B Capital Group as a new Partner.

• Sarah Catanzaro has been promoted to General Partner, Renee Shah has been promoted to Partner, and Natasha Katoni has been named Operating Partner at Greycroft.

• Sarah Wang has been promoted to General Partner on the growth team at a16z.

• Shawn Xu has left Floodgate and joined On Deck as a new Partner.

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Content You Should Check Out 📚

• Consumerization of private markets: Perspectives on how private market participation is expanding from Bessemer’s Talia Goldberg and Kate Walker.

• How Shopify Outfoxed Amazon to Become the Everywhere Store: Analysis on how Shopify became an ecommerce giant.

• Nikita Bier’s thoughts on consumer social: Thread on Nikita’s most important learnings on building consumer products.

• Y Combinator’s New Deal Sparks Fear in Seed Investors: Thoughts on the new $500K standard deal at YC and perspectives from seed investors.

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Jobs You Should Share 🤓

• Associate / Vice President, Blue Venture Fund

• Associate, CRV (email caitlin@crv.com)

• Principal, Expa

• Associate, ff VC

• Associate, Fin VC

• Investor, G2 Venture Partners

• Associates / Senior Associates, Millennium Tech Value Partners

• Crypto Associate, Pillar VC

• Associate, Revolution Ventures

• Associate / Senior Associate, Standard Investments

• Head of Financial Analysis, Thomvest Ventures (email lauren@thomvest.com)