Justin Gordon (@justingordon212) talks with Max Zamkow (@MZamkow), Managing Partner at Third Act Ventures, an early-stage venture firm investing in AgeTech - technology for older adults and their caregivers. Third Act Ventures invests in founders revolutionizing aging, and is the only firm investing across the entire spectrum of AgeTech.
A century ago we didn't expect to make it to 60, but now we're surviving well into our 80's and beyond. Surviving, but not thriving. Technology hasn't kept pace with the medical advancements that gave us 20+ extra years of life leaving us directionless, isolated, and alone. Third Act Ventures invests in companies that recognize this massive opportunity to improve the lives of older adults and their caregivers.
Website: https://www.thirdact.vc/
LinkedIn: https://www.linkedin.com/in/mzamkow/
Twitter: https://twitter.com/MZamkow
Newsletter - Age Tech News: https://www.agetech.news/
Show Notes:
0:00 What AgeTech is
0:55 Why Third Act Ventures invests in the AgeTech ecosystem and how it’s changing
3:28 The process of developing a thesis and overcoming the lack of interest in AgeTech
5:14 Emerging models and how social determinants of health are impacting AgeTech
7:42 How having a wide range of stakeholders has led to lack of innovation in the industry
9:45 How Max screens for value and the importance of timing
11:44 The challenge of not being the end user for products he invests in 12:54 One of the AgeTech companies Max is excited about
14:44 Third Act Ventures’ strategy as a follow fund and why they’re shifting their approach
15:47 Max’s effort to expand investments in the AgeTech industry and shift it from niche to mainstream
19:46: Justin’s thoughts on how to market yourself uniquely to stand out
22:57 Where to connect with Max
More about the show:
The Vitalize Podcast, a show by Vitalize Venture Capital (a seed-stage venture capital firm and pre-seed 300+ member angel community open to everyone), dives deep into the world of startup investing and the future of work.
Hosted by Justin Gordon, the Director of Marketing at Vitalize Venture Capital, The Vitalize Podcast includes two main series.
The Angel Investing series features interviews with a variety of angel investors and VCs around the world. The goal? To help develop the next generation of amazing investors.
The Future of Work series takes a look at the founders and investors shaping the new world of work, including insights from our team here at Vitalize Venture Capital.
More about us:
Vitalize Venture Capital was formed in 2017 as a $16M seed-stage venture fund and now includes both a fund as well as an angel investing community investing in the future of work. Vitalize has offices in Chicago, San Francisco, and Los Angeles.
The Vitalize Team:
Gale - https://twitter.com/galeforceVC
Caroline - https://twitter.com/carolinecasson_
Justin - https://twitter.com/justingordon212
Vitalize Angels, our angel investing community open to everyone:
https://vitalize.vc/vitalizeangels/
