Seed to Scale: Episode 1 with Mike Maples, Founding Partner of Floodgate
On spotting the Thunder Lizards before they hatch
Nihal Mehta kicks off Seed to Scale’s opening episode with one of VC’s most prominent investors Mike Maples, the founding partner of Floodgate. Mike has backed some of the most well-known tech companies today, including Twitter, Twitch.tv, Lyft, Okta, Chegg, Demandforce, among many others.
In this episode, Mike talks about his journey from being an entrepreneur in junior high writing video games to being a founder of two IPO companies, Tivoli and Motiv, and how his pivot to investor was his way to remain close to startups in order to “stay forever young.”
He gives advice to investors on the importance of making randomness your friend and to remember you don’t have a monopoly on truth.
Mike also digs into his role of spotting the Thunder Lizards before they hatch, what he believes makes a good founder: “They want to start a movement, not just a company,” and his biggest red flag.