Backing the best in micromobility - a conversation with Kevin Talbot, GP of Relay Ventures

Oliver Bruce
Podcast
February 13, 2020

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This week, Oliver interviews Kevin Talbot (@Talbot), a General Partner atRelay Ventures, a VC firm based between the Bay Area and Toronto, who areinvestors in Bird, Populus and Bird Canada, among others. It is a greatinterview with Kevin about how they’re thinking about micromobilityinvestments and the wider context of venture capital in this Softbankdominated world.Specifically, we dig into:- how you got into VC/joined Relay Ventures- His thesis at the firm and why they're interested in micromobility.- How they work with their portfolio companies, including former podcastguests Regina Clewlow from Populus.- How the landscape for micromobility has changed from the early days oftheir investment in Bird- including business models, regulatory landscapes and supply chains.- We talk about the Bird Canada venture - what it is, why it was formed,the market for micromobility in Canada and where they're seeing earlytraction.- How capital formation in the micromobility sector is interacting withcities, and whether he think this will ever be anything other than messy.- How their firm is thinking through owned vs. shared, and hardware vs.software investments.- What you'd recommend to entrepreneurs getting into the micromobilityspace- Bonus: his take on micromobility autonomy, and the promise and challengesin this space.It's a great interview!

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