Interplay Ventures

Last updated
Interplay Ventures
Private
Industry Venture Capital
Business Studio
Founded 2012
Founder Mark Peter Davis
Headquarters New York City , United States
Key people
Mark Peter Davis, Managing Partner
Kevin W. Tung, Partner
Guillaume Cohen-Skalli, Partner
Mike Rogers, Partner
Website interplay.vc

Interplay Ventures is an American startup studio and venture capital company based in New York City. [1]

Startup studio, also known as a startup factory, or a startup foundry, or a venture builder, is a studio-like company that aims at building several companies in succession. This style of business building is referred to as "parallel entrepreneurship".

Venture capital start-up investment

Venture capital (VC) is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake, in the companies they invest in. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments do have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from the high technology industries, such as information technology (IT), clean technology or biotechnology.

New York City Largest city in the United States

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 Metropolitan Statistical Area and 23,876,155 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports. The city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.

Its hybrid model of investing and cofounding has led to both investments in fast-growing companies like Warby Parker, Coinbase, Course Hero, Temperpack [2] and Healthcare.com as well as the creation of numerous companies. Interplay Ventures was founded in 2012 by Mark Peter Davis. [3]

Warby Parker Eyeglasses retailer

JAND, Inc., doing business as Warby Parker, is an American online retailer of prescription glasses and sunglasses, based in New York City. Warby Parker primarily sells products through its website, but also features retail locations in the U.S. and Canada.

Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin with fiat currencies in approximately 32 countries, and bitcoin transactions and storage in 190 countries worldwide.

Studio

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WWE Professional wrestling and entertainment company

World Wrestling Entertainment, Inc., d/b/a WWE, is an American integrated media and entertainment company that is primarily known for professional wrestling. WWE has also branched out into other fields, including movies, real estate, and various other business ventures.

References

  1. Ongchoco, David (December 22, 2017) Interplay VC’s Mark Peter Davis On Building A Platform For Supporting Companies, Communities & ‘Science Experiments’
  2. Briney, John (July 14, 2017). TemperPack Announces $10 Million Series A Financing led by SJF Ventures
  3. Halper, Bonnie (April 10, 2013).Mark Peter Davis Launches Interplay Ventures, an Incubator/Accelerator Hybrid
  4. Jonathan Marino (October 20, 2015) These 15 startups are out to disrupt one of the oldest industries in the world
  5. Erin Griffith (April 28, 2015) The rise of the CEO support group
  6. Alyson Shontell (July 22, 2013) How A Founder Who Sold His Company For $100 Million Survived The Brutal, Early Days Of A Startup Alone