239. What's Next in Gaming; The True Essence of Product-Market-Fit; & Investing with an Emphasis on Retention and Engagement (Gigi Levy-Weiss)

Gigi Levy-Weiss of NFX joins Nick on a special Crisis Coverage installment to discuss What's Next in Gaming; The True Essence of Product-Market-Fit; & Investing with an Emphasis on Retention and Engagement. In this episode, we cover:

• Background and path to venture.
• The thesis and your focus at NFX?
• Did you invest in Houseparty when it was Meerkat?
• You've written about your thoughts on PMF...  How do you assess whether a company has real product market fit?
• What advice would you have for those still trying to find it?
• With this focus on product and retention...  What's your response to investors that say distribution is more important than product?
• Why do you think VC interest has been declining in the gaming space?
• What has been the history/evolution in the gaming sector?
• What's next for gaming -- Is there a step beyond the platform?
• Are there any niches or segments within gaming or esports where you see the most potential?
• 3 Data points:
  • Let's say a gaming startup comes to you... they have 50k DAUs, K value of 1, 20 % MoM growth... 
  • What 3 data points do you ask for and why?

To listen more, please visit http://fullratchet.net/podcast-episodes/ for all of our other episodes.

Also, follow us on twitter @TheFullRatchet for updates and more information.