Mergelane Blog

Broadening the On-ramp for Women-run Companies

Episode #9 - Cryptocurrency Venture Investing: The Questions Every VC Should Ask Before Making a Crypto Investment

In this Fund81 podcast interview, Dave Balter, the CEO of one of our MergeLane portfolio companies, Flipside Crypto, shares his perspective on investing in the cryptocurrency space.

I invited Dave to join us for four reasons:

1) He is one of the most engaging and entertaining speakers I know.

2) He has the ability to explain complex things in an easy-to-understand way - something I have found rare in the cryptocurrency space.

3) He is obsessed with and extremely knowledgeable about cryptocurrency.

4) Because he is both a serial entrepreneur and a venture investor, he has an interesting perspective from both sides of the table.

About Flipside Crypto
Flipside Crypto has developed algorithms to track cryptocurrency performance indicators. Flipside licenses this data to institutions and uses its technology and provides investment opportunities for accredited investors via its indexes. The company also manages the process of acquiring and storing cryptocurrency to alleviate the headache of potentially confusing things like encryption and digital wallets. Flipside closed a $3.4 million financing round led by True Ventures three months after MergeLane’s investment. Coinvestors include the Chernin Group, Resolute Ventures, Boston Seed Capital, Converge, and Founder Collective.

About Dave Balter
Dave Balter is the founder and CEO of Flipside Crypto, a provider of data solutions and investment vehicles for cryptocurrencies. Dave has spent most of his career as an innovation‐obsessed builder of companies, most often as a founder and CEO, but occasionally as a board member, advisor or investor. Dave is also an active venture investor and M&A professional. As an operator, Dave is probably best known for Smaterer, which he founded, led, and sold to Pluralsight in 2014 and BzzAgent, which he founded, led, and sold to dunnhumby in 2011. Post BzzAgent acquisition, Dave acted as Global Head of Investments for dunnhumby and founded dunnhumby Ventures. Dave is also an independent angel and venture partner at Boston Seed Capital. Dave’s investments have included DraftKings, Promoboxx, FitnessKeeper, and Help Scout. Dave was named one of the 30 most disruptive people in Boston tech by Boston Magazine in 2016, was a finalist for the E&Y Entrepreneur of the Year, and was recognized as a future legend by the Ad Club. He cofounded the Word of Mouth Marketing Association and authored two books on the subject including Grapevine and the Word of Mouth Manual Volume II. A long time Techstars mentor, Dave also co-founded Intelligent.ly, a classroom space that helps star employees become managers with his wife, Sarah Hodges, and sits on the Board of Directors for the Boch Center for the Performing Arts.  

Enjoy!






Related Posts

Episode #15: Fitting Fitness into a Startup Schedule with Nicole DeBoom

I love being active, but I also have high professional aspirations. I’ve spent the last 16 years trying to find a productive balance between the two. In this episode, Nicole DeBoom, pro triathlete turned CEO of Skirt Sports, and I share our thoughts on how to fit fitness into a startup schedule.

Read more ➞

Episode #14: VC Fundraising with David Cohen | Moving LPs to a Yes

Fundraising doesn’t come naturally to David Cohen, founder and co-CEO of Techstars, but he’s learned how to leverage his strengths and team to successfully raise the funds that power the Techstars network. In this episode, he shares his honest and authentic reflections from this experience.

Read more ➞

How Conscious Leadership Bought Me 5 Hours of Extra Time Each Day

I practice the principles of Conscious Leadership, a methodology and toolkit that accelerates self-awareness. It’s being taught at companies like Yahoo, Goldman Sachs and Ebay and has forever changed every aspect of my life. I estimate that it has bought me about five hours of extra time each day.

Read more ➞

Episode #13: Mental Health in Venture Capital with Brad Feld

In this Fund81 podcast episode, I invited Brad Feld, founding partner of Foundry Group, to share his thoughts on maintaining mental health in the fast-paced venture capital world and supporting portfolio companies, colleagues, friends and family wrestling with mental health issues.

Read more ➞

Episode #12: Unexpected Product Pitfalls in Venture Investing

SC Moatti joined the Fund81 podcast to talk about how to discover and vet products in venture capital. We talk about how VCs can spot indications of future product success, creative ways to look under the hood before investing, and the product-related questions most venture capitalists fail to ask.

Read more ➞

The Top 9 Investor Pitch Mistakes

I’ve seen thousands of startup investor pitches. Since I find myself offering the same feedback over and over, I thought it might be helpful to share my nine most common points of investor pitch feedback.

Read more ➞

Episode #11: Using the Enneagram in Venture Capital Investing

In this Fund81 podcast episode, we talk about something that has made our team at MergeLane better investors - the Enneagram Personality Typing System. To talk about how the Enneagram can help other VCs, I invited Kaley Klemp to join the podcast.

Read more ➞

An Unexpected Cure for Exhaustion

As a venture capitalist, I am frequently surrounded by exceptionally high-performing and inspiring people. Until recently, I had never stopped to think about the impact of that.

Read more ➞

How a 26-Inch Powder Day Increased My Conviction for My Business, My Team, and the 15 Commitments

We are big proponents of using the 15 Commitments in the work we do in Conscious Leadership. However, as an Enneagram Type 1 who is most happy at maximum productivity, I’ve always had a hard time buying into Commitment #9, the commitment to play and rest. Until yesterday….

Read more ➞

Why My Day in the Woods Was My Most Productive Work Day Yet

I am extremely disciplined and focused. However, this can also be a detriment. Anything I perceive as a distraction from my to-do list feels stressful, and I have to constantly tell myself that off-the-to-do-list opportunities are often the best opportunities. I was recently reminded of that.

Read more ➞