Every major industry has been forced to focus on innovation. You can’t ignore it, and it’s not just because someone might come by and take some of your business, but you have the potential to be massively disrupted in a very short period of time.
Our guest on today’s episode of Predicting The Turn is Joe Medved, a venture partner at Lerer Hippeau. As an expert in innovation and investment banking, he sat down with us to talk about what’s changing in digital media and innovation and how he identifies entrepreneurs worth taking a risk on.
It’s almost like identifying an emerging artist; risky but rewarding when your instinct turns out to be right. Because a successful company is about more than just a high quality product, Joe won’t work with a company unless the founder meets a certain criteria.