Suggestions
Brendan Baker
Partner at Ridge Ventures with extensive venture capital and advisory experience
Brendan Baker is a Partner at Ridge Ventures, a venture capital firm formerly known as IDG Ventures USA. He focuses on investing in early-stage companies, particularly in sectors like SaaS, IoT, and enterprise software, with an investment range typically between $2 million and $7 million, and a sweet spot around $4.5 million.12
Professional Background
Before joining Ridge Ventures in September 2018, Baker held various roles in the venture capital and startup ecosystem. He was a Director at Greylock, where he developed systems for evaluating investments and was instrumental in overseeing deal flow at AngelList, where he managed thousands of pitches and helped numerous startups secure funding.23
Baker has also worked with early-stage venture funds such as Wing and Hone Capital, and has experience with accelerators like Techstars and AngelPad. His diverse background includes roles as the Ethiopian Country Director for Practica Foundation, where he focused on sustainable water and energy solutions, and as a Director at Engineers Without Borders Canada.23
Education
Baker holds a Bachelor of Applied Science in Materials Engineering from the University of British Columbia, a Master of Philosophy from the University of Cambridge, and an MBA with distinction from the University of Oxford.23
Current Involvement
At Ridge Ventures, he has led investments in companies like Loop Returns and serves on the boards of several startups, including Grabango and Sama. His approach emphasizes building large, revenue-driven companies and supporting innovative founders.234
Highlights
Friends in venture: do you have a north star metric for running your firm?
Or 2-3?
I'm curious on different approaches here in an area where the feedback loops are so long.
Interesting article on last mile delivery.
This is one of those areas where the high level theory is super exciting, but low-level delivery network design and ruthless execution are everything.
This led to a recent generation of failed attempts to build last mile delivery as startups. I don't hold out much hope that Shein and Temu will change that balance, only delay more failures.
Is this an impossible area to build a startup in?
No.
But it's a problem where domain expertise has to meet capital, and a team has to be brilliant from a network design standpoint, combined with day-to-day operations chops.
Those teams are super rare.
