Miguel Armaza sits down with the fascinating Ben Narasin, Venture Partner at New Enterprise Associates (NEA), a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. Founded in 1977, NEA has received nearly $24 billion in cumulative committed capital since day one.
Ben is not only a prolific investor but also a celebrated founder who launched
fashionmall.com in 1993 and took the company public six years later.
We talked about
- Ben’s journey and entrepreneurial ambitions
- A deep dive into his experience taking FashionMall public via IPO and the challenges it entails
- The transition from entrepreneur to investor
- The elements he looks for in every founder and how COVID has influenced his investment process
- And plenty of stories and anecdotes from his exciting journey!
Ben Narasin
Ben Narasin is a Venture Partner at NEA. A prolific entrepreneur and highly regarded early-stage investor with three decades of company-building expertise, Narasin has focused on emerging technologies and new markets throughout his investment career. With a portfolio comprising key early successes in some of today’s fastest-growing sectors, such as fintech, digital marketplaces, mobile and connected devices. His overarching focus in seeking new investments is, in his words, “to find founders who make me say wow.”
Narasin is a 25-year entrepreneur and 10-year early-stage investor. His knack for spotting emerging trends led him to make seed investments in companies like Dropcam, Lending Club, TellApart, Kabbage and Zenefits. Before NEA, Narasin most recently served as a General Partner at Canvas Ventures, and was previously with TriplePoint Capital, where he oversaw the firm’s seed funding investment activities.
Like many of NEA’s partners, Narasin’s path to investing is rooted in entrepreneurship. He founded several consumer companies before launching his investing career, including
Fashionmall.com, one of the first e-commerce companies, which he founded in 1993 and led to a successful IPO in 1999. Narasin frequently writes and speaks about technology and investing, as well as food and wine, a lifelong passion. He holds a B.A. in Entrepreneurial Studies from Babson College.
About NEA
New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With nearly $24 billion in cumulative committed capital since the firm's founding in 1977, NEA invests in technology and healthcare companies at all stages in a company's lifecycle, from seed stage through IPO. The firm's long track record of successful investing includes more than 230 portfolio company IPOs and more than 390 mergers and acquisitions.
www.nea.com.