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Roy Bahat
Venture capitalist, educator, and activist
Roy E. Bahat is a prominent venture capitalist and business leader who currently serves as the Head of Bloomberg Beta, a position he has held since January 2013.1 Bloomberg Beta is an early-stage venture capital firm backed by Bloomberg L.P., focusing on investments in the future of work and machine intelligence.12
Career Highlights
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Bloomberg Beta: As head of the firm, Bahat leads investments in startups making work better, with a particular focus on artificial intelligence and the future of work.2
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Educator: Bahat is a lecturer at the University of California, Berkeley's Haas School of Business, where he teaches MBA courses on leading unionized workforces and the media industry.1
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Entrepreneurship: He co-founded and served as chairman of OUYA, Inc., a gaming console company, from 2012 to 2015.1
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Corporate Experience: Prior to his venture capital career, Bahat held executive positions at News Corporation and worked in New York City government.1
Education and Background
Bahat graduated magna cum laude from Harvard University and was a Rhodes Scholar at the University of Oxford, where he earned a Master's degree in economics.
Additional Roles and Interests
- Chairs the Aspen Business Roundtable on Organized Labor.1
- Served on the California Governor's Commission on the Future of Work.1
- Known for his interest in worker power and the intersection of technology and labor.3
Roy Bahat is recognized for his diverse experience across various sectors, including venture capital, government, media, and academia. His approach to venture capital emphasizes transparency and founder-centric practices, as evidenced by Bloomberg Beta's open-sourced operating manual.1
Highlights
Founders are our customers. Our North Star metric, by definition, can’t be “capital returned to our LP.” So what is it?
NPS! Once a year we ask all our founders to do a short anonymous survey to give us feedback on what we can do better. We calculate a Net Promoter Score as part of this.
We use that NPS as the most important metric to drive our fund's choices.
(We would share our Net Promoter Score here, but we don’t want our founders to feel we are using their feedback to market ourselves.)
TBPN is the Hamilton of new technology media entrants. I got to ask them why they think that is.
Hamilton was maybe the biggest media surprise of the last 50 years. Who knew that was even possible for a musical. Musicals aren’t novel, but greatness is making the familiiar fresh. “Musical about the guy who became the first Secretary of the Treasury, but in verse…”
Yet success it was.
TBPN did the exact same thing.
“Technology-native dudes covering news” isn’t novel, but the way they present it is.
You can’t get their content, approach, or takes anywhere else.
Here’s to them committing so deeply it’s not a bit. Next time maybe I’ll tell them my story involving Soylent and the Secretary of the Treasury.
