Chris Dixon, 38, may be the ultimate founder’s founder.
He’s running his second startup, Hunch, after selling his first company, SiteAdvisor, for $74 million dollars four years ago. He’s an active angel investor in nascent startups and co-founded the $40 million seed-stage fund, Founder Collective, last year. He’s a champion of the early-stage scene in New York, where he lives and works. And Dixon, who’s as connected as they come on both coasts, is a prolific blogger who writes in plain English about the challenges of entrepreneurship, technology and venture capital.
I talked with Dixon this afternoon about how he juggles his life as an investor with that of running a company that aims to be as big as Google and Amazon some day — once it works out some kinks.
What follows is Dixon on investing. Tomorrow, I’ll post our conversation about Hunch, which Dixon launched last year with Flickr co-founder Caterina Fake:
Recently, there was a widely read post by a New York entrepreneur who argued persuasively that New York is still a tough place to launch a startup — unless you’re “Chris Dixon or anyone else who’s already built a successful company and had a real exit under their belt.” Do you agree? Disagree?
I do think there should be more seed investors, which is partly why we formed Founder Collective last year, a fund that’s location agnostic but mainly focused on New York area startups. There’s no lack of money in New York; there are plenty of rich people. But there hasn’t been the kind of smart money, if you will, that understands how to help a company get to the next stage and raise VC after seed money. You’re starting to see more of that — New York is improving — but I’m not in radical disagreement with him.