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A New York VC Spotlight: Nick Beim

 

NICK_BEIM

In 2011, Nick Beim made Forbes Elite 8: Who to Watch for in Venture Capital. Beim became a venture capitalist in 2004 and by 2006, JBoss, a company he invested in, was sold to RedHat for $350 million. Beim led the initial venture investment in such companies as the Gilt Groupe, The Ladders, Intent Media Conductor, JBoss, and OatSystems.

Prior to joining Venrock, Beim was a General Partner at Matrix Partners and worked in the technology groups in McKinsey and Goldman Sachs.

Beim’s investments focus on internet, adtech, SaaS, mobile, big data, financial technology, and services investments. He also serves as a Board Member with Endeavor, a nonprofit that supports entrepreneurs in developing countries such as Argentina, Brazil, Colombia, Mexico, and Uruguay, and is a Member of the Council on Foreign Relations, where he co-founded a study group focused on technology and economics.

Beim graduated from Stanford University and was a Marshall scholar at Oxford University, where he earned a Master’s degree in International Relations.

Firm:

Partner at Venrock

Sector Focus:

Ad Targeting, Big Data, Consumer Internet, Digital Media, E-Commerce, Finance Technology, Financial Exchanges, Financial Services, Flash Sales, Health Care, Marketplaces, Messaging, Mobile, Mobile Health, Parenting, Predictive Analytics, SaaS, Venture Capital

Selected Investments:

JBoss
Gilt Groupe
Care.com
TheLadders
Fiksu
FlipKey
Navigos Group
Betable
Intent Media
Dataminr

Board:

Endeavor

Expertise Areas:

Business Model Innovation, Global Entrepreneurial Experience, Marketplaces, Product Strategy, Viral Marketing

Blogs, Twitter & Websites:

Twitter
Linkedin

Memorable Quotes:

On Relationship with Potential Investors- “Think of your relationship with a potential new investor as a marriage. But it’s even more than a marriage because you can’t undo it. You can’t divorce your venture capitalist; you can’t divorce your private equity investor. You need to make sure its the right person and they need to make sure of the same thing- its the right person.”

“Like any great marriage, what’s most important is trust. When presenting a business plan, you give investors a lot of confidence when you’re very open with them. Open about things that are going right, things that are going wrong, things that you understand, things that you don’t understand.”

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About the author: Gerard Masilang

Gerard is a recent college graduate with a degree in journalism from SUNY Albany. He is a private fitness instructor in New York City with a passion for helping people reach their goals. He is currently a copy editing intern for AlleyWatch.

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