Dave Haynes (FOV Ventures) on the Early Days of Digital Music and the Importance of Market Timing in Emerging Tech

The Guest

Dave Haynes is a founding partner at FOV Ventures, an investment firm backing the founders who are building the Metaverse. FOV Ventures is a new fund with a focus on European-based startups at the pre-seed and seed stage.

Dave previously led HTC’s $100 million Vive X fund in EMEA and was part of the investment team at Seedcamp (Fund III). Prior to investing, Dave founded two startups in the music industry and was part of the founding team of SoundCloud.

The Conversation

In this conversation, Dave talks about his front-row seat to the evolution of the digital music industry and the parallels to the current AR/VR ecosystem. He describes his new fund, areas of investment focus, and how they think about current investment market conditions. He also talks about the risk of market timing as it relates to AR: [quote]

Dave goes on to share some advice for pre-seed startups as well as his perspective on the evolution of the market and the risks ahead.

Jason McDowallhardware, AR smartglasses, market size, VR, investor