For venture capitalist David Blumberg, the pandemic took him from his ancestral home of California across the country to Florida. Realizing that he was no longer chained to his fixed, physical office in San Francisco, he took the plunge and moved over 3,000 miles in order to take advantage of the up-and-coming vibe of Miami, as well as the state’s business-friendly regulations and taxes. David learned how to take advantage of the pandemic and was able to recognize it as — as he puts it — a catalyst of virtualization, innovation, and decentralization.
Blumberg is the founder and managing partner of Blumberg Capital, a private Venture Capital firm investing in early-stage IT, digital media, social media, mobility, Internet, e-commerce, payments, SaaS, and tech-enabled services. He also serves as a board member of Credorax, Trulioo, IntSights, and Slync.io. David holds an undergraduate degree from Harvard University and an MBA from Stanford University Graduate School of Business.
Listen to today’s episode of Investing in Florida Technology and find out how David made the leap from studying government to becoming a venture capitalist, how he embraces virtualization, and why he believes that the 21st century will be one of massive innovation and productivity for office and service work.
Some Questions Asked:
- Can you tell our audience a bit about your background and where you grew up? (01:54)
- You have this tie with Israel, when did that start? (14:10)
- What do you see in Florida and Miami? (22:41)
- What are you looking for in a founder? (29:38)
In this episode, you will learn:
- Why Miami made the top of David’s list when he and his family decided to relocate (03:16)
- About taking ‘acorns’ and turning them into unicorns (09:41)
- How patience has paid off for Blumberg Capital (12:57)
- A little about the Israeli company that David and Tom are both investors in (20:01)
- Venture capitalists either follow the NASCAR model or the marionette model (33:59)
Connect with David: