Lightspeed VC Michael Mignano on Why Apple’s Threats Influenced His Decision to Sell Anchor to Spotify, Why No FOMO in Venture is Good (AI Aside), & What NYC Founders Need to Realize

Hunter Walk
9 min readAug 23, 2023

Investing in someone is primarily a business relationship. It doesn’t mean you don’t develop a personal affinity — it’s best when you do! — but creating an enduring bond transcends the question of founder:VC dynamics and is often not even directly correlated with economic outcome. Our participation in Anchor ( later acquired by Spotify) generated both a…

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Hunter Walk

You’ll find me @homebrew , Seed Stage Venture Fund w @satyap . Previously made products at YouTube, Google & SecondLife. Married to @cbarlerin .