Today Philip spoke with serial entrepreneur and now venture capitalist Kai Bond. Kai is the lead investor at Catalyst Fund which is a seed fund based in New York City. Catalyst Fund is an extension of Comcast Ventures and it serves as a unique investment vehicle to elevate minority entrepreneurship by matching capital and resources with underrepresented minority entrepreneurs.
Prior to joining Catalyst Fund Kai has had a truly remarkable career as an entrepreneur. He’s had some painful failures and tells Phil about his lowest point where he didn’t even have enough money for a subway ride.
Kai talks about building his third startup within 60 days (Pixie Tv) which he would then go on to sell to Samsung within a year. Kai was also the General Manager of Samsung's accelerator and Hatch Labs where the dating app Tinder was incubated during his tenure as GM.
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