“Management bundles a lot of things together,” says Roy Bahat, head of Bloomberg Beta. “I only liked some of them, and I was terrible at other things.” Bahat joins Bradley to talk candidly about how he runs the in-house venture fund for Bloomberg LP, focusing on the future of work. Venture capital is a customer-service job built on lists and follow-ups, he says. He does it with a nine-person team that hasn’t grown in years. Any single partner can say yes to a deal, and the firm publishes its operating manual on GitHub. Though he cultivates interests outside work — “I’m a terrible chess player, but I play every day” — the job is never far from his mind: “I think of myself as having a work addiction. I think of myself as managing it reasonably well, but it is a work addiction.”
This episode was taped at P&T Knitwear at 180 Orchard Street — New York City’s only free podcast recording studio.
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