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Potential to Powerhouse: Success Secrets for Women Entrepreneurs
In this episode, Tracy Holland sits down with powerhouse entrepreneur, venture capitalist, and longevity thought leader Abby Miller Levy — Founder and Managing Partner of Primetime Partners, a VC firm investing in innovative companies serving the 50+ demographic. Abby's mission? To challenge everything we think we know about aging and to turn longevity into one of the most exciting growth sectors of our lifetime. Together, they unpack what it looks like to thrive in your next chapter — not just survive it. Episode Highlights The shocking reality of the aging population and why it's a $multi-trillion market opportunity. Abby's lessons from working with Arianna Huffington at Thrive Global & scaling SoulCycle. How aging parents sparked her passion for solving the gaps in senior care, healthcare, and retirement. The real future of work: why we should plan to work well beyond 50 for health, wealth, and purpose. What investors look for in founders (hint: commercial velocity & network power matter more than ever). The power of redefining aging — moving away from fear & decline toward energy & reinvention. Why mental health, financial planning, and community are critical pillars of healthy aging. How AI and tech are accelerating startup creation — and why that increases the pressure on execution. Key Takeaways Aging is not the end — it's the next frontier for entrepreneurs, innovators, and creators. The biggest opportunities of the next decade lie in serving the rapidly growing population of adults over 50 with smarter, more human-centered solutions. If you're building for wellness, healthcare, fintech, or lifestyle — pay attention. The future is ageless - make sure you catch this episode. Connect with Us: Subscribe to our newsletter: Potential to Powerhouse Follow us on Instagram: @PotentialToPowerhouse Connect with Tracy: @tracy_holland_mindset Loved this episode? Your feedback means everything to us!
A pioneer in the world of venture capital and a legend in the investment community, Alan Patricof is the co-founder of Apax Partners - one of the largest and most successful private equity firms in the world - and the venture capital firms Greycroft and Primetime Partners. Alan joins Adam to share his journey and his best lessons and advice. Alan and Adam discuss a wide range of topics: leadership, entrepreneurship, longevity, investing, venture capital, private equity, failure, success, and more.
Sami is joined by James Hueston, venture investor at Primetime Partners (https://www.primetimepartners.com/), as they discuss technology's failure to connect with the older generation. James explains how technology aimed at older people is often not fit for purpose, how the investment process for new startups is currently swamped with the same AI ideas, and Sami explores the idea of how AI can help improve loneliness in our modern world. — If you'd like to hear more about the importance of keeping accessibility at the forefront every project, check out Episode 559 (https://podcast.thoughtbot.com/559). If you're an entrepreneur in the early stages of developing something in age tech, why not reach out to James at Primetime Partners (https://www.primetimepartners.com/) to see if he can help! james@primetimepartners.com Your host for this episode has been Sami Birnbaum. Sami can be found through his website (https://samibirnbaum.com) or via LinkedIn (https://www.linkedin.com/in/samibirnbaum/). If you would like to support the show, head over to our GitHub page (https://github.com/sponsors/thoughtbot), or check out our website (https://podcast.thoughtbot.com). Got a question or comment about the show? Why not write to our hosts: hosts@giantrobots.fm This has been a thoughtbot (https://thoughtbot.com/) podcast. Stay up to date by following us on social media - LinkedIn (https://www.linkedin.com/company/150727/) - Mastodon (https://thoughtbot.social/@thoughtbot) - Instagram (https://www.instagram.com/thoughtbot/) © 2025 thoughtbot, inc.
Is the aging population a golden opportunity for entrepreneurs? Hear from an expert in the world of AgeTech and longevity investing, Abby Miller Levy, managing partner and founder of Primetime Partners, a venture fund focused on aging and longevity. In this illuminating episode of NIC Chats, host Lisa McCracken unlocks the secrets of what investors look for in companies and products focused on the aging population.Drawing from her experience as co-founder of a wellness company, Miller Levy reveals:The challenges of finding commercially viable businesses in the aging spaceAreas of opportunity, including care capacity and risk stratificationCommon misconceptions and barriers faced by entrepreneurs in the senior care marketThe role of AI in aging-related startupsOpportunities for innovation in financial longevity and workforce solutions for older adultsAdvice for entrepreneurs seeking entry into the aging sectorMiller Levy shares insider tips on how to catch an investor's eye in the competitive world of age tech startups. Whether you're an entrepreneur with the next big idea, an investor seeking untapped potential, or simply curious about the technologies shaping our longer lives, this episode is your roadmap to the future of aging.Want to join the conversation? Follow NIC on LinkedIn.We want to hear from you! Let us know what you think of our podcast by giving us a review on Apple Podcasts, Google Podcasts or wherever you listen.
Investing in AgeTech's Future: How Digital Innovation is Transforming the $8.3 Trillion Senior Care Market Host: Megan Antonelli Guest: Abby Levy Join Megan Antonelli as she explores how Primetime Partners is reshaping the future of aging through strategic investments in digital health and AgeTech solutions. This forward-looking conversation with Abby Levy examines the intersection of AI, home-based care, and social determinants of health in transforming care delivery for the rapidly growing senior population. Learn how innovative technology companies are addressing critical challenges in elder care while creating scalable, profitable solutions in this high-growth market. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen
It all starts with "having the right jockey," said Alan Patricof, Chairperson & Co-Founder of Primetime Partners, in a conversation with Barron's Andy Serwer.
Digital Health Talks - Changemakers Focused on Fixing Healthcare
Join Megan Antonelli as she explores how Primetime Partners is reshaping the future of aging through strategic investments in digital health and AgeTech solutions. This forward-looking conversation with Abby Levy examines the intersection of AI, home-based care, and social determinants of health in transforming care delivery for the rapidly growing senior population. Learn how innovative technology companies are addressing critical challenges in elder care while creating scalable, profitable solutions in this high-growth market.Discover how AI-enabled home care technologies are creating new opportunities to scale aging-in-place solutions across the $8.3T senior care marketLearn specific strategies for measuring ROI in preventive digital health solutions targeting Medicare Advantage populationsUnderstand how successful AgeTech companies are leveraging SDOH data and food-as-medicine programs to improve outcomes while reducing costsGain insights into key metrics and commercialization strategies that attract investment in today's challenging funding environmentExplore emerging technologies and market opportunities that will drive the next wave of innovation in senior care delivery over the next 3-5 yearsAbby Levy, Managing Partner and Co-founder, Primetime PartnersMegan Antonelli, Chief Executive Officer, HealthIMPACT Live
Send us a textMiguel Armaza interviews Alan Patricof, Co-Founder of Primetime Partners, Greycroft, and Apax Partners. It's hard to explain just how important Alan has been for tech and VC. He's one of the true pioneers in venture capital worldwide, having started his first VC firm in the 1970s, Alan Patricof and Associates, which later became Apax Partners and currently has over ~$80Bn AUM.We sat down live on stage at Barclays Rise in NYC for the Gilgamesh Ventures Summit, an annual meeting where we gather over 150 Limited Partners, Founders, Co-Investors, and friends for a series of events and discussions about the future of financial services.Alan is an inspiring figure, not only because of his success in the business world but also because of his vitality and contagious optimism.We recorded the episode a day after his 90th birthday and candidly, he had more energy than most people I know. We discussed:The early days of Venture Capital and Tech in the 1970s and beyondAlan grew up in NYC and built his career in NY – how was the city back then?Building primetime partners to invest in the fastest growing market, people over-60Staying healthy. How Alan keeps fit, focused and is closing deals at 90 Years OldWhy your reputation is all that matters in this business… and a lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary? Check out the Fintech Leaders newsletter and join ~70,000+ readers and listeners worldwide!Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIp
Abby Levy is Managing Partner and Founder at Primetime Partners, a venture capital firm investing in early-stage businesses that improve quality of life for older adults. Abby gets real about the challenges of heading up a venture-backed business and the exciting technologies that will reduce the cost of healthcare and raise the bar in preventive medicine, wellness, and financial longevity. About Abby Abby Miller Levy has spent her career helping businesses and consumer brands grow as an operator, entrepreneur, and advisor, most notably in the wellness sector. Prior to Primetime Partners, she was Senior Vice President of Strategy & Growth at SoulCycle, where she oversaw business development and revenue growth outside the consumer studio business, with an emphasis on building new digital products. Abby teamed with Arianna Huffington to launch Thrive Global, a behavior change technology company focused on employee productivity and wellness. Abby served as President of Thrive Global and remains on the Thrive Board. Abby began her career at McKinsey & Company then led product development at OXO International. She is a graduate of Princeton University and Harvard Business School. Key Takeaways Aging is a global megatrend. By 2030 in the US, there will be more Americans over the age of 65 than under 18, which has major repercussions on every industry including health care, financial services, housing, workplace, and travel. Technologies and services that reduce the cost of healthcare are essential. Medicare is a “runaway train” growing at 8% a year, with spend approaching a trillion dollars a year. It is predicted that 50% of Americans will run out of money as they age. Preventative care is driven by “quantified selves” in terms of the healthcare data and diagnostics we collect on ourselves. With an Oura ring or Apple watch, it is easy to track key health indicators like blood biomarkers and gut health. Persistent internalized ageism prevents us from wanting to think about getting older. Not wanting to plan for getting older and engage in content around aging has been a very big inhibitor for businesses, especially if the business model is direct to consumer. It is not culturally normal to have conversations around aging. We have been trained to think that aging is bad and don't talk about the wisdom, experience, gravitas, and expertise that comes with age. AI will help people make better decisions—data will be easier to access and more manageable and actionable. AI-driven personalized nudges will help people make better decisions and healthier choices.
In this episode of "On The Tape," hosts Guy Adami and Kaitlin Malin are joined by Alan Patricof and Abby Miller Levy of Primetime Partners. They discuss their venture fund focused on the aging population, inspired by Alan's personal experiences and Abby's professional background. Key topics include the impact of COVID-19 on aging awareness, the importance of financial planning for longevity, and the role of technology in elder care. They also delve into their investment philosophy, emphasizing tech-enabled infrastructure and the need for innovation in serving an aging demographic. Tune in for insights on the future of aging and innovation. Contact Abby: abby@primetimepartners.com Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe — About the Show: On The Tape is a weekly podcast with CNBC Fast Money's Guy Adami, Dan Nathan and Danny Moses. They're offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we're here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We're on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Young @LizYoungStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.
Alan Patricof & Abby Miller Levy of Primetime Partners joins Nick to discuss Founding VC Firms Apax, Greycroft, and Primetime, the Keys to Unlocking Investment Value in Healthcare, and Why the Aging Population is the Biggest Opportunity in Tech. In this episode we cover: Launching a Horizontal Fund Focused on Ageing Population Investing in Businesses Catering to Aging Population Healthcare Investment, Regulation, and AI's impact Reducing Healthcare Costs Through Prevention and Engagement Healthcare Innovation, Monitoring, and Diagnostics Reaching Older Adults in Healthcare, Including Marketing Strategies and Challenges Guest Links: LinkedIn - Alan , Abby X - Alan Primetime Partners The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area. Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter. Are you a founder looking for your next investor? Visit our free tool VC-Rank and we'll send a list of potential investors right to your inbox!
In this episode, we delve into the dynamic landscape of annuities and retirement markets, exploring the promising opportunities of 2024 amidst the evolving Retiretech scene. Join moderator Doug Roth of CT Innovations and industry experts Ray Jang from Primetime Partners, Marie-Christine Razaire representing Northwestern Mutual Future Ventures, and Andrew Wegrzyn of SixThirty Ventures as they discuss strategies for making smart bets on the future of retirement. Discover insights on navigating the shifting sands of valuation resets and uncover the untapped potential that lies within the annuity and broader retirement markets. Gain exclusive access to expert predictions on which opportunities are primed for success in 2024 and which ventures are poised to attract funding. Subscribe now to unlock valuable insights and actionable strategies: This episode was recorded live at Retiretech Vegas in April 2024. Click to watch the full panel:
Jim catches up with Alan Patricof, a pioneer in the venture capital world. With a career spanning more than five decades, Alan has been at the forefront of many of the major technological and social revolutions of his time. He hasn't slowed down, at 86, Alan started his new venture firm Primetime Partners, which funds early-stage startups that bring products and services for the over 25% of our population over the age of 65. Alan also recently wrote and released his first book, “No Red Lights.” Join Jim and Alan as they delve into the world of business, longevity and entrepreneurship on this engaging episode. New podcast episodes released weekly on Thursday. Follow along with the links below: Sign up for the Celebrations Chatter Newsletter: https://celebrationschatter.beehiiv.com/ Subscribe to Celebrations Chatter on YouTube: https://www.youtube.com/@celebrationschatter Follow @CelebrationsChatter on Instagram: https://www.instagram.com/celebrationschatter/ Follow @CelebrationsChatter on Threads: https://www.threads.net/@celebrationschatter Listen to more episodes of Celebrations Chatter on Apple Podcasts: https://podcasts.apple.com/us/podcast/celebrations-chatter-with-jim-mccann/id1616689192 Listen to more episodes of Celebrations Chatter on Spotify: https://open.spotify.com/episode/5Yxfvb4qHGCwR5IgAmgCQX?si=ipuQC3-ATbKyqIk6RtPb-A Listen to more episodes of Celebrations Chatter on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5saWJzeW4uY29tLzQwMzU0MS9yc3M?sa=X&ved=0CAMQ4aUDahcKEwio9KT_xJuBAxUAAAAAHQAAAAAQNg Visit 1-800-Flowers.com: https://www.1800flowers.com/ Visit the 1-800-Flowers.com YouTube Channel: https://www.youtube.com/@1800flowers Follow Jim McCann on LinkedIn: https://www.linkedin.com/in/jim1800flowers/ Follow Jim McCann on X / Twitter: https://twitter.com/jim1800flowers (@Jim1800Flowers)
Alan Patricof is a venture capital pioneer. He has worked in the industry since 1970 when he founded Alan Patricof Associates, later known as Apax. In 2006, Alan founded his second venture capital firm, Greycroft. Most recently, in 2020, Alan founded Primetime Partners at the age of 86. Alan was an early investor in Apple, AOL, New York Magazine, Audible, SunglassHut, Venmo, Huff Post, Axios, and many other successful startups. He recently released his memoir, No Red Lights. Follow Alan on X @alanjpatricof. For more episodes, go to podofjake.com. Previous guests include Mark Cuban, Vitalik Buterin, Brian Armstrong, Balaji Srinivasan, Keith Rabois, Ali Spagnola, Anthony Pompliano, Raoul Pal, Julia Galef, Jack Butcher, Tim Draper, and over 100 others alike. Learn from founders and CEOs of companies like OpenAI, Coinbase, Solana, Polygon, AngelList, Oura, and Replit, and investors from Founders Fund, a16z, Union Square Ventures, and many more. I appreciate your support and hope you enjoy. Thanks to Chase Devens for the show notes and Yiction for the music. Lastly, I love hearing from fans of the pod. Feel free to email me any time at jake@blogofjake.com. Thank you!
The Managing Partner and Co-Founder of Primetime Partners talks about building a fundamental infrastructure to improve the quality of living of older adults, including applied technology for financial longevity, caregiving, mental health, and resources for social determinants of health. About Abby Abby Miller Levy has spent her career helping businesses and consumer brands grow as an operator, entrepreneur, and advisor, most notably in the wellness sector. Prior to Primetime Partners, she was Senior Vice President of Strategy & Growth at SoulCycle, where she oversaw business development and revenue growth outside the consumer studio business, with an emphasis on building new digital products. Abby teamed with Arianna Huffington to launch Thrive Global, a behavior change technology company focused on employee productivity and wellness. Abby served as President of Thrive Global and remains on the Thrive Board. Abby began her career at McKinsey & Company then led product development at OXO International. She is a graduate of Princeton University and Harvard Business School. Key Takeaways Financial longevity is a key component to aging well. 50% of Americans are going to run out of money—not just because lifespans are increasing, but because we don't have an adequate infrastructure. People should start financial planning as early as possible. The number one resource to build your retirement savings is a tax free 401k. The second thing is to continue working. Forced retirement is going out the window—70% of Americans want to work longer. Only 11% of Americans have long-term care insurance. Many people assume incorrectly that Medicare pays for long-term care. Added to care expense are hidden costs such as home modification for aging in place. The cost is being borne by families. There are 53 million unpaid family caregivers who pay an average of $7,000 a year to take care of a loved one. Social isolation affects older adults disproportionally—50% of adults over the age of 85 live alone. Older adults don't want to be stereotyped by age. They want to be aligned with their interests and passions versus numeric segmentation. Older adults are heterogeneous in interests, priorities, and attitudes, so marketers must consider microsegments not just sociodemographics.
Featured Guests: Alan Patricof, chairman, Primetime Partners and founder & chairman emeritus, Greycroft Partners | Ajay Agarwal, partner, Bain Capital Ventures | Paul Cappelli, head of liquid passive strategies, Galaxy Digital TechCrunch acquires StrictlyVC, how generative AI will revolutionize work over the next decade, but potentially at the cost of human jobs, and bitcoin surges after a favorable U.S. appeals court ruling.
Our Social Media Pages, follow us and engage with the Pill-grim community!Join our Entre CommunityInstagramTwitter YouTubeTikTokLinkedInAnd now for this week's prescription:On this week's dose, (1:50) you will hear about Peppermint, a new online community for adults 55+, and their $8M seed round from Primetime Partners and Redesign Health. Next, (8:14) you'll hear about Dalan Animal Health, the pioneering biotech company that recently raised a $4.5M Series Seed 3 led by Prime Movers Lab. The company developed and launched the world's first honeybee vaccine. Lastly, (13:45) stick with us for a breakdown on Resistant AI, a Prague-based startup that helps protect financial services firms from the evolving financial crime landscape. The company raised an $11M Series A extension from Notion Capital and has won b2b Digital Crime Fighter of the Year awards.Sources:https://www.businesswire.com/news/home/20230719845294/en/Peppermint-Launches-Groundbreaking-Online-Community-to-Promote-Peer-Connection-Engagement-Amongst-Adults-55https://join.mypeppermint.com/ https://www.businesswire.com/news/home/20230627720385/en/Bee-Vaccine-Pioneer-Dalan-Secures-4.5M-to-Fuel-Global-Expansion-and-Product-Developmenthttps://finance.yahoo.com/news/bee-vaccine-pioneer-dalan-secures-130000686.htmlhttps://www.dalan.com/https://resistant.ai/news/resistant-ai-extends-series-a-to-27.6mhttps://news.fintech.io/post/102ii3v/resistant-ai-raises-11m-in-series-a-extension-fundingMusic Credit: Chapter One by Cole Bauer and Dean Keetonhttps://www.colebauer.com/https://www.instagram.com/deankeeton/?hl=enDisclosure:The views, statements, and opinions, expressed herein by the hosts and guests are their own, and their appearance on the podcast should not be construed as reflecting the views or implied endorsement of Independent Brokerage Solutions LLC or any of its officers, employees, or agents. The statements made herein should not be considered an investment opinion, advice, or a recommendation regarding securities of any company. This podcast is produced solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy a security.
Lawmakers face a ticking clock when they return from recess after Labor Day. They have until September 30th to pass an appropriations bill to keep the government running and avoid a shutdown. President Biden is now seeking an additional $40 Billion for emergency spending including Ukraine aid, disaster relief and immigration efforts. Former U.S. Senator Judd Gregg (R-N.H.) and former U.S. Congresswoman Donna Edwards (D-Maryland) discuss Bidenomics and the odds of a government shutdown. Abby Miller Levy, Primetime Partners co-founder and managing partner, discusses how innovation from big pharma is affecting venture capital flows to health tech, the impact on markets and investors, and more. Plus, Mark Zuckerberg calls off the Elon Musk cage match and the dreaded yield curve inversion may not mean a recession … this time. And, Joe Kernen's back from vacation!Donna Edwards and Judd Gregg: 15:51Abby Miller Levy: 25:05In this episode:Donna Edwards,@DonnaFEdwardsKelly Evans, @KellyCNBCJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie
Today, we are joined by Abby Miller Levy, Managing Partner and Founder at Primetime Partners. After realizing the lack of opportunities for retired people when her father retired, Abby set out to build a business or businesses to give retired people a more vibrant and healthy life. After writing out several business plans, Abby realized that she would not be able to start all of these businesses herself, and pivoted to thinking about starting a venture fund. Partnering with her co-founder, Alan Patricof, the two founders launched Primetime Partners, a venture fund dedicated to investing in early stage companies that cater to older adults. Prior to Primetime Partners, Abby was a senior executive at SoulCycle and the co-founder of Thrive Global which she started with Arianna Huffington. In this episode, we discuss how the startup industry for older adults is a growing and exciting industry, how Abby started Primetime Partners, and what Abby looks for when she invests in startups. Stick around to the end to hear Abby's advice for those looking to do big things in business. Please subscribe to Studying Success to hear more from the best entrepreneurs, CEOs, and investors!Also check out our website at www.studyingsuccesspodcast.com.And follow us on Instagram, TikTok, and Youtube – @studyingsuccesspodcast
Competitive pressure is propelling industries into the future with artificial intelligence. Alan Patricof, Primetime Partners chairperson and co-founder, discusses the state of the A.I. boom and why he thinks it's a potential accident waiting to happen. Rep. Josh Gottheimer (D-N.J.) discusses New York City's congestion tax, the financial impact on commuters from New Jersey, and more. User traffic on Twitter has slowed since the launch of Meta's text-based platform Threads, which has already surpassed 100 million sign-ups since its debut last week. Plus, Janet Yellen's visit to China and Sen. Schumer's request for the FDA to look into PRIME, Logan Paul's high-caffeine energy drink.In this episode:Rep Josh Gottheimer, @RepJoshGJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese
Abby Miller Levy, Co-Founder of Primetime Partners, talks about investing in the red hot longevity market serving older adults.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Abby Miller Levy, Co-Founder of Primetime Partners, talks about investing in the red hot longevity market serving older adults.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
The population of Americans age 65 and older is on track to double between 2010 and 2040. And that's leading to increased investments in innovative solutions to serve the needs of older adults, in areas including healthcare and wellness, financial services, senior housing, social connectivity and caregiving. Abby Miller Levy, of Primetime Partners, joins us to discuss what she sees happening in the rapidly growing longevity economy. Abby Miller Levy joins us from New York. ________________________ Bio Abby Miller Levy is the managing Partner & Co-Founder of Primetime Partners, an early-stage venture capital fund that invests in, and builds from the ground up, companies that can transform the quality of living for older adults. She has spent her career helping businesses and consumer brands grow as an operator, entrepreneur and advisor, most notably in the wellness sector. Prior to Primetime Partners, Abby was an executive at SoulCycle, where she oversaw business development and revenue growth outside the consumer studio business, with an emphasis on building new digital products as the Senior Vice President of Strategy & Growth. Abby has also been a Founder herself, teaming with Arianna Huffington to launch Thrive Global, a behavior change technology company focused on employee productivity and wellness. Abby served as President of Thrive Global and remains on the Thrive Board. Abby began her career at McKinsey & Company then led product development at OXO International. She is a graduate of Princeton University and Harvard Business School. ________________________ For More on Abby Miller Levy and Primetime Partners Primetime Partners _______________________ Podcast Episodes You May Like The Age Tech Revolution – Keren Etkin Breaking the Age Code – Dr. Becca Levy Are You Ready for The New Long Life? – Andrew Scott Thriving in Place – Lisa Cini ______________________ Resources Mentioned in this Episode MIT Age Lab - Blog MIT Media Lab Stanford Center on Longevity - Longevity Briefing newslettter Leonard Davis School of Gerontology at USC - Vitality Magazine AARP Research ______________________ Wise Quotes On Primetime Partners "And so that's really the genesis for me of starting Primetime was really on trying to solve this issue for my parents, recognizing that there were a lot of businesses to be built. And so instead of building one individual idea or concept into a business, I thought, well, maybe I would build an investment platform to fund dozens and hopefully hundreds of other entrepreneurs to solve or build things in this white space. And then I, and my partner Alan Patricof - he has been an investor for the past 50 years, starting a large private equity firm called Apax Partners, and then Greycroft, which is a multi-billion dollar venture firm - was also in intrigued by this issue of how do we get older Americans starting businesses, people with expertise and wisdom and network and skills. And so we came together to start the fund in the Spring of 2020." On Innovation in the Longevity Economy "But what we're more interested at Primetime, because we're an early stage investment fund is the amount of innovation going on in the space. And so just to put a bookmark in there, since we launched in summer of 2020, so almost three years ago, we've looked at 1,300 startups that would be included in the longevity economy. This includes healthcare businesses, financial service businesses, consumer and media businesses. There is a lot of new ideas bubbling up because entrepreneurs have recognized, and all the incumbents of this ecosystem have recognized we need to move faster to build the infrastructure we need to serve an older population." On Digital Therapeutics "We do not invest in businesses that are in biotech, pharmaceuticals, medical devices, but they are very aggressively investing in solutions in this area ...
On this episode, Liz is joined by the Founder of Greycroft and Co-Founder & Chairman of Primetime Partners, Alan Patricof as they discuss his upbringing in New York City raised by immigrant parents, and his first job selling newspapers on the streets of New York. Alan reminisces on how he worked his way into the world of business and the early days of venture capitalism. Later, Alan shares what he wants readers to take away from his book No Red Lights: Reflections on Life, 50 Years in Venture Capital, and Never Driving Alone. Follow Liz on Twitter: @LizClaman Learn more about your ad choices. Visit megaphone.fm/adchoices
Alan Patricof, Chairperson and Co-Founder of Primetime Partners, shares his thoughts on the impact of the Silicon Valley Bank collapse on venture banking. John Sim, Head of Securitized Products Research at JP Morgan, takes a look at the US housing market. Kyle Clark, CEO at Beta Technologies, announces the launch of a new electric aircraft. And we Drive to the Close with Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams.Hosts: Carol Massar and Damian Sassower. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Alan Patricof, Chairperson and Co-Founder of Primetime Partners, shares his thoughts on the impact of the Silicon Valley Bank collapse on venture banking. John Sim, Head of Securitized Products Research at JP Morgan, takes a look at the US housing market. Kyle Clark, CEO at Beta Technologies, announces the launch of a new electric aircraft. And we Drive to the Close with Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams.Hosts: Carol Massar and Damian Sassower. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Hi everybody!Do you think the fact that people are living longer is creating global opportunities? Well, you betcha! I forecasted this years ago in my book, "Successful Marketing to the 50+ Consumer" (Prentice-Hall). As you'll hear from my guest expert, Abby Levy, of Primetime Partners, the fact that people are living longer is creating an "extended middle age" in which millions of people around the world are continuing to lead active, engaged lifestyles. And that is creating what is now being called the "longevity economy."On this episode, Abby Levy will discuss such things as (1) what's sparked this increased interest in older people and a recognition of the longevity economy, (2) how different countries around the world vary in how they are addressing the increased number of older people in their societies, and (3) how she thinks the longevity economy will evolve over the next several years. Most importantly, in true Looking Forward fashion, Abby will speak about the MANY opportunities she believes the longevity economy is and will offer, and she'll provide some tips on how you might capitalize on those.Now a little more about Abby. Abby Miller Levy is the Managing Partner & Co-Founder of Primetime Partners, an early-stage venture capital fund. Abby has spent her career helping businesses and consumer brands grow as an operator, entrepreneur, and advisor, most notably in the wellness sector. Prior to Primetime Partners, Abby was an executive at SoulCycle, where she oversaw business development and revenue growth outside the consumer studio business, with an emphasis on building new digital products as the Senior Vice President of Strategy & Growth. Abby has also been a Founder herself, teaming with Arianna Huffington to launch Thrive Global, a behavior change technology company focused on employee productivity and wellness. Abby served as President of Thrive Global and remains on the Thrive Board. Abby began her career at McKinsey & Company then led product development at OXO International. She is a graduate of Princeton University and Harvard Business School. You can reach Abby at abby@primetimepartners.com or via her company's website, https://www.primetimepartners.com/You'll find more information about my business, Jeff Ostroff & Associates, LLC, in the middle of this episode and by visiting www.jeff-ostroff.com On the website, you can also contact us about the various marketing and communications services we offer, such as (1) podcast hosting, creation, consulting, and column writing, (2) professional voice overs, (3) B2B/B2C interviewing for individuals and businesses looking to promote themselves or better understand their customers and prospects, (4) consulting/training on how to excel behind or in front of the microphone as an interviewer or guest, and (5) senior marketing assistance. (Hey, I've actually written a book about that!) You can also reach me at jeff@jeff-ostroff.com** If you enjoy this episode, please be sure to tell your family, friends, and other members of YOUR network about it… and encourage them to listen to it, too. Also, please give it a "like" and/or a good review. And, hey, go ahead and subscribe to this podcast. :)-Looking Forward is THE podcast about the OPPORTUNITIES created by global trends, now and into the future, and how YOU might capitalize on those: Think... jobs, careers, business start-ups, ventures, investments, life enrichment.Guests are experts in their field, and most are C-suite executives, household names, authors, and/or from prestigious...
(0:00) Intro(1:30) Welcome Alan Patricof(7:00) No Red Lights(13:01) Generational perspectives and staying relevant(18:00) New York 1966-1969(25:54) Graduating from Ohio State and getting into venture(29:40) Starting a venture fund in the 70s(34:02) Different periods in venture(40:25) Shift to private equity in venture(48:09) Investment style(51:41) Not taking board seats(55:50) What Alan looks for in founders(58:38) Investing in Apple(1:09:35) Optimism on future in ventureMixed and edited: Justin Hrabovsky Produced: Andrew Nadeau and Rashad Assir Executive Producer: Josh Machiz Music: Griff Lawson
We've decided to try something new: ✨ Starting today, every Thursday we're going to condense down hours of interviews and research to give you the 3 best ideas, questions, and bits of wisdom from our podcast episodes that week in an email you can read in 5 minutes. We call it Cheat Sheet, and it won't cost you a dime. Read the first issue on Abby Levy Miller & Primetime Partners (Episodes #135-136): https://outlieracademy.substack.com/p/agetech-and-living-to-100 Here are the 3 big ideas and questions that we're covering this week: What changes when 50% of the U.S. population lives to be at least 100? What kinds of investment opportunities does this create? How should this all change the way we think about and approach our lives? Sign up for Cheat Sheet: https://outlieracademy.substack.com For more make sure to listen, watch, and explore the full episodes: 20 Minute Playbook: #135 Abby Miller Levy, Co-Founder of Primetime Partners and Thrive Global | On Living to 100, Getting to the Key Issue, and Choosing What to Major and Minor In Listen Now | Watch Now | Episode Guide | Transcript Outlier Investors: #136 Primetime Partners: AgeTech, The Ripple Effects of Living Longer, and Investing in the Future of How We Age | Abby Miller Levy, Co-Founder & Managing Partner Listen Now | Watch Now | Episode Guide | Transcript
In Episode #136, we explore AgeTech and investing in the future of how we age. We're joined by Abby Miller Levy, Primetime Partners's Managing Partner and Co-Founder. We cover becoming an accidental investor, the compelling white space in the senior market, and ending ageism. “I hope we have a society that isn't plagued by obesity and diabetes because people are excited to live longer and are therefore making trade-offs when they're younger to enjoy a longer, healthier life.” – Abby Miller Levy EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/primetime-partners-abby-levy FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/primetime-partners-abby-levy-transcript/ CHAPTERS This episode is our definitive guide to AgeTech and investing in the future of how we age. In it we cover: (00:00:00) – Introduction (00:03:00) – From business building at OXO and SoulCycle to becoming an accidental investor (00:07:58) – The compelling white space of the senior market (00:19:22) – Focusing on seed to Series A and launching incubations (00:22:15) – Consumer behavior and employment opportunities in the aging population (00:29:16) – Maximizing today vs. planning for tomorrow (00:37:18) – Housing opportunities for the senior market (00:43:15) – Ending ageism, focusing on preventative healthcare, and embracing multiple careers ABOUT PRIMETIME PARTNERS Abby Miller Levy is Co-founder and Managing Partner of Primetime Partners, which is a new venture capital firm that specializes in AgeTech, or investing in technology around the future of how we age. As you'll hear in this interview, the latest data and statistics around aging are almost too hard to believe. Here are just two data points. As of 2007, it's expected that about half of all babies born will live to be over 100 or become what are called centenarians. And by 2024, it's expected that workers aged 55 or older will represent a full 25% of the nation's workforce, with the fastest annual growth rates among those aged 65 and older. And yet, before Primetime Partners was founded by Abby Levy and venture legend Alan Patricof of Greycroft and Apax Partners fame, there were no venture firms focused solely on aging and enabling the technologies, products, and businesses we'll need to support an aging population.
In Episode #135, we deconstruct Abby Miller Levy's peak performance playbook—from their favorite book to the tiny habit that's had the biggest impact on their life. Abby is the Managing Partner and Co-Founder of Primetime Partners. We cover the hundred year life, lessons from Alan Patricof, and the nonlinear career path. “If you were guaranteed a hundred year life, what would you do differently? How would you think about it? How would you plan for it? How would you live it?” – Abby Miller Levy EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/abby-levy-playbook/ FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/abby-levy-playbook-transcript/ CHAPTERS In this episode, we deconstruct Abby Miller Levy's peak performance playbook—from her favorite book to the tiny habit that's had the biggest impact on her life. In it we cover: (00:00:00) – Introduction (00:02:29) – The Hundred Year Life (00:03:57) – Lessons from McKinsey, OXO, and Alan Patricof (00:07:09) – Zeroing in on the key issues and leaping into VC (00:15:15) – Investing as an operator, and the nonlinear career path (00:19:02) – Expertise vs. generalism ABOUT ABBY LEVY Abby Miller Levy is Co-Founder and Managing Partner of Primetime Partners, which is a venture capital firm that Abby co-founded with venture legend Alan Patricof of Greycroft and Apex Partners fame. Primetime specializes in what they call AgeTech, or technology around the future of how we age. Before founding Primetime Partners, Abby had an epic career. She worked at McKinsey. She's worked at OXO. She led growth at SoulCycle, and she even co-founded Thrive with Ariana Huffington.
Listen to one of our favorite moments from tomorrow's Spotlight episode featuring Primetime Partners with Abby Miller Levy. Learn more about your ad choices. Visit megaphone.fm/adchoices
Listen to one of our favorite moments from tomorrow's 20 Minute Playbook episode featuring Abby Levy. In it, Abby shares her favorite books, tools, habits, and more. Learn more about your ad choices. Visit megaphone.fm/adchoices
Alan Patricof (@alanjpatricof) is a venture capital pioneer with a career spanning more than 50 years and showing no signs of slowing down. The 87-year-old started his third venture capital business nearly two years ago called Primetime Partners, wrote his first book published this year, and this week he'll be attending Burning Man, and in the fall, he'll run the New York City Marathon for the sixth time. He joins Julia La Roche on this episode for a wide-ranging conversation on life and investing. Patricof started in venture capital at 36 in 1970, before a venture capital industry existed. His Patricof & Co. Ventures Inc. was the predecessor to Apax Partners, one of the largest private equity firms today. In 2006, at 72, Patricof founded Greycroft Partners, a venture capital firm that led numerous investments in digital media companies. He has since left Greycroft to take on the founding partner and chairperson role at Primetime Partners. At Primetime Partners, Patricof, who said he plans to live until 114, is focused on what he calls the "ageless generation" — those over the age of 60 that are part of the fastest-growing part population. Since its inception two years ago, Primetime Partners has deployed capital across 25 investments with a focus on seed and early-stage investments in products, services, and experiences for the aging, including aging in place, financial security for retirees, care management, longevity health services, and consumer experiences. Primetime has also backed older entrepreneurs building companies, with 18% of its founders over 50. With his new book, "No Red Lights," Patricof hopes to encourage the older generation "not to pack it all in and go to the golf course and retire." He also hopes to share lessons with the younger generation to be open to new opportunities and live a life of curiosity.
Joining us on Luminate this week is Alan Patricof, one of the early pioneers of the venture capital and private equity industries. In 1977, Alan founded APAX Partners, one of the largest private equity firms in the world and in 2006 he also co-founded Greycroft, which is a venture capital firm focusing on investment in the internet and mobile markets. His latest venture Primetime Partners, which is a seed and early-stage venture capital fund investing in companies transforming the underserved and trillion-dollar global sector of the ageing population. He has helped build and fostered the growth of several major companies like America Online, Apple, Office Depot, Huffington Post, and he also served as the founding chairman of the New York Magazine. In this conversation, we discuss his new book “no red lights”, he also shares his life experience in the venture capital world, how he makes investment decisions and how to be a successful investor. You can order his new book “No Red Lights: Reflections on Life, 50 Years in Venture Capital, and Never Driving Alone ” here: https://alanpatricof.com/
There is a massive market that has been all but ignored by fintech founders. I am talking about the senior market. We have tens of millions of people, many with a decent net worth, with few financial services targeting them. This needs to change because the financial needs of this population are only going to become more complex and demanding over time.Our next guest on the Fintech One-on-One Podcast is Abby Levy, the co-founder and general partner at Primetime Partners. After helping her father who had been retired for 20 years she realized there is very little infrastructure in place to support older adults and she saw that as a real opportunity. So, she started a venture capital firm to help founders looking to provide products for this market.In this podcast you will learn:How her personal experience led to her becoming a venture capitalist.How she met her partner, the venture capital legend Alan Patricof.The state of the financial wellbeing of seniors in this country.Why fintech founders are not focusing enough on this massive market.The many categories where there are huge opportunities:Asset decumulation - why we need a plan to tap into liquidity of assets.Pre-retirement or "pretirement" - planning for retirement later in a career.Post-retirement - gig economy opportunities and the off-ramp for retirees.Senior-friendly credit products - we need more creative products to help seniors and their families.Care insurtech - only 7% of Americans have Long Term Care insurance, we need better options.Health-fintech crossovers - hospitals and providers are partnering with fintechs on payment schemes.Who the founders are that are coming across Abby's desk.What it will take for fintech founders to focus on the senior market.What the future might look like for fintechs focused on this population.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Click here for free weekly episodes delivered to your inbox and the opportunity to join live discussions with top leaders. Alan is almost 90 years old and a living legend in the venture capital arena. He has been a pioneer in this industry for over 50 years. Fifty years! Let that sink in for a moment. When he first started there really was no well defined industry at all. It was a bunch of mom and pop players scrambling to earn a living. Amidst this backdrop Alan helped create two hugely successful firms Greycroft and Apax Partners, which played a fundamental role in consolidating this fragmented space. Not one to sit still at the young age of 88 years old, he is now launching his third firm to much fanfare - Primetime Partners - focusing on a weirdly overlooked consumer base of 60+ year consumers. Virtually all of his former partners are investing in the new fund, signaling their confidence in both the business plan and Alan's potential to live to 100. But don't tell Alan, that will only get him mad. He's convinced he'll live to at least 114. This is to say just one thing - Alan has been around the block a few times - so it might be worth listening to his advice. His philosophy - and the name of his incredible new book - 'No Red Lights' perfectly summarizes his life philosophy. There's simply nothing he won't try. Don't believe me? Well, he's going to Burning Man this year. To receive free podcast episodes each week, subscribe at www.imperfectleaders.com
Alan is almost 90 years old and a living legend in the venture capital arena. He has been a pioneer in this industry for over 50 years. Fifty years! Let that sink in for a moment. When he first started there really was no well defined industry at all. It was a bunch of mom and pop players scrambling to earn a living. Amidst this backdrop Alan helped create two hugely successful firms Greycroft and Apax Partners, which played a fundamental role in consolidating this fragmented space. Not one to sit still at the young age of 88 years old, he is now launching his third firm to much fanfare - Primetime Partners - focusing on a weirdly overlooked consumer base of 60+ year consumers. Virtually all of his former partners are investing in the new fund, signaling their confidence in both the business plan and Alan's potential to live to 100. But don't tell Alan, that will only get him mad. He's convinced he'll live to at least 114. This is to say just one thing - Alan has been around the block a few times - so it might be worth listening to his advice. His philosophy - and the name of his incredible new book - 'No Red Lights' perfectly summarizes his life philosophy. There's simply nothing he won't try. Don't believe me? Well, he's going to Burning Man this year. To receive free podcast episodes each week, subscribe at www.imperfectleaders.com
Miguel Armaza sits down with Abby Levy, Managing Partner and Co-Founder of Primetime Partners, an early-stage venture capital fund with $50+ million in AUM that backs companies and entrepreneurs transforming the quality of living for older adults. Abby co-founded Primetime in 2020 along with legendary investor, Alan Patricof.Prior to Primetime, Abby was the Founding President of Thrive Global, alongside Arianna Huffington, and spent time at McKinsey, Tech for America, and Soulcycle.In this episode, we discuss:The incredible opportunity to build and invest in businesses focused on people's second chapter of life and why means a lot more than just servicing seniors.Why Primetime's portfolio sits at the intersection of fintech and healthcare and how some of their portfolio companies are addressing a national retirement planning crisis.Lessons and tactics she's learned over the years, working closely with business legends like Arianna Huffington and Alan Patricof… and a lot more!Hope you enjoy this great conversation with Abby Levy from Primetime. Special thank you to Alan Patricof for making this a reality!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join 32,000+ readers around the world!Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIpqp
Alan Patricof, Co-Founder of Primetime Partners and Chairman Emeritus & Co-Founder at Greycroft, discusses Thursday's market sell-off, as well as his book "No Red Lights: Reflections on Life, 50 Years in Venture Capital, and Never Driving Alone." Founder and CEO of Farmgirl Flowers, Christina Stembel, discusses the impacts of inflation and supply chain issues on the flower industry. Alan Armstrong, CEO at Williams, breaks down the global energy crunch and how his company is working to bridge the gaps. And we Drive to the Close with Jimmy Lee, CEO at Wealth Consulting Group. Hosted by Carol Massar and Tim Stenovec. Producer: Paul Brennan See omnystudio.com/listener for privacy information.
Alan Patricof, Co-Founder of Primetime Partners and Chairman Emeritus & Co-Founder at Greycroft, discusses Thursday's market sell-off, as well as his book "No Red Lights: Reflections on Life, 50 Years in Venture Capital, and Never Driving Alone." Founder and CEO of Farmgirl Flowers, Christina Stembel, discusses the impacts of inflation and supply chain issues on the flower industry. Alan Armstrong, CEO at Williams, breaks down the global energy crunch and how his company is working to bridge the gaps. And we Drive to the Close with Jimmy Lee, CEO at Wealth Consulting Group. Hosted by Carol Massar and Tim Stenovec. Producer: Paul Brennan See omnystudio.com/listener for privacy information.
Episode Summary: In our third episode of Season 3, Matt joins forces with Marissa Millbury, VP at PJC, to speak with Abby Miller Levy, Managing Partner & Co-Founder of Primetime Partners. We learn more on how she went from wellness entrepreneur to founding Primetime Partners in 2020 which is focused on the trillion dollar global sector of Aging. A powerful conversation around this particular sector that is ripe for innovation. What is Uncovered: The catalyst behind Primetime Partners Why Abby went from writing business plans for older adults to instead starting her own VC fundThe strategic steps she took to get Primetime Partners off the ground What surprised her the most with fundraising The staggering statistics around our aging population & the enormous amount of white space in this sector The biggest challenges Abby has faced thus far with starting Primetime Learn More About: Abby Miller Levy: Abby is the Managing Partner & Co-Founder of Primetime Partners. Abby has spent her career helping businesses and consumer brands grow as an operator, entrepreneur and advisor, most notably in the wellness sector. Prior to Primetime Partners, Abby was an executive at SoulCycle, where she oversaw business development and revenue growth outside the consumer studio business, with an emphasis on building new digital products as the Senior Vice President of Strategy & Growth. Abby has also been a Founder herself, teaming with Arianna Huffington to launch Thrive Global, a behavior change technology company focused on employee productivity and wellness. Abby served as President of Thrive Global and remains on the Thrive Board. Abby began her career at McKinsey & Company then led product development at OXO International. She is a graduate of Princeton University and Harvard Business School. Connect with Abby on LinkedIn. Primetime Partners: Primetime is an early-stage venture capital fund that invests in, and builds from the ground up, companies that can transform the quality of living for older adults.They support the founders and organizations that create meaningful new products, services and experiences in the under-served, trillion dollar global sector of Aging. They accelerate business growth through their direct-to-consumer marketing expertise, their strategic distribution partners, synergies across portfolio companies and an engaged network of advisors. Also core to their mission, is to unlock the talent and expertise of experienced older adults as founders and business builders. Follow on: LinkedIn. Quotes from Abby: "Don't discredit anyone's questions or criticism. I think it's really easy to say, ‘oh, they just don't get it.' Or, you know, ‘screw them' or whatever else it is, but actually, in the critiques is where you can learn the most. I felt that way when I fundraised in the past and I still feel like it raises your game to get that criticism and feedback.” “The emotional reaction of being told no still takes getting used to, even if you have been successful and are prepared and know the stats of first time funds” “Fifty percent of Americans are going to run out of money and no one's dealing with it or talking about it. There's only two million senior living beds in our country. How are people going to age in place? There are just tons of macro issues that entrepreneurs can help solve.”
As the Managing Partner and Co-Founder of Primetime Partners, an early-stage venture capital fund, Abby Levy builds companies from the ground up. Learn about the visionaries improving quality of life for older adults. About Abby Abby Miller Levy has spent her career helping businesses and consumer brands grow as an operator, entrepreneur, and advisor, most notably in the wellness sector. Prior to Primetime Partners, she was Senior Vice President of Strategy & Growth at SoulCycle, where she oversaw business development and revenue growth outside the consumer studio business, with an emphasis on building new digital products. Abby teamed with Arianna Huffington to launch Thrive Global, a behavior change technology company focused on employee productivity and wellness. Abby served as President of Thrive Global and remains on the Thrive Board. Abby began her career at McKinsey & Company then led product development at OXO International. She is a graduate of Princeton University and Harvard Business School. Key Takeaways Primetime looks for businesses that build major new pieces of infrastructure, such as GetSetUp, a live peer-to-peer learning platform for older adults. Fifty percent of older Americans are going to run out of money. FinTech offers tools and services that enable greater financial security. Senior living as a service (SLaaS) dis-aggregates the elements of senior living, such as healthcare, nursing, medication management, and social determinants of health like fitness, nutrition, sleep, mental wellness, socialization, and enrichment. Can these services be brought to a client's home? Senior living communities are amazing resources for insights and experimentation, particularly around engagement.
Episode #50 Alan Patricof, godfather of the VC and PE industries, he's 87 years old now, and founded legendary VC firm Greycroft and seminal PE firm Apax. Alan founded VC fund Patricof Company Ventures with a $2.5m fund in 1969. · Greycroft has over $2bn of AUM with a reputation trying to keep things from getting too big and follow the path of Apax which has AUM of over $60bn. Their last fund I believe closed in January of 2021 at it's hard cap of $11bn. · Alan rather than just add more zeros to Apax, which I think stands for Alan's initials Alan Patricof Associates Cross-Border, Alan moved on from Apax to found Greycroft. Proving his passion for investing early Greycroft raised its first fund (Greycroft I) with $75 million. Some of Alan's investments include Steve Job's Apple Computer, AOL, Xerox, New York Magazine, HuffPost, Audible, Axios, Venmo, Goop, Crafy which we invested in before Greycroft and alongside Greycroft a few weeks ago, Office Depot, and many others. · Now Alan has teamed up with Abby Miller Levy to launch a new VC fund Primetime Partners focused on funding early stage companies that can transform the quality of living for older adults. At 87 Alan may have some insight and opinions there. · Alan has also written a book I purchased on pre-order No Red Lights: Reflections on Life, 50 Years in Venture Capital, and Never Driving Alone. · Abby is a Princeton and Harvard graduate, began her career at McKinsey, more recently was the Founding President alongside CEO Arianna Huffington at Thrive Global, a behavior change technology company focused on employee productivity and wellness and worked in new ventures at SoulCycle. · Discussing how VC funds have become too large in size resulting in over funding companies and failing to make venture returns. · Discussing what's changed in 50 years? More people want to start their own business now compared to far fewer 50 years ago. · Deep dive on Primetime Partners strategy with a focus on healthcare IT and fintech and the growing elderly market, which control two thirds of the world's wealth. Primetime also backs founders that start companies over the age of 50. · Talking about current strategy at Greycroft seeking to invest in companies that can be valued at over $10bn. · Primetime in contrast is seeking to invest smaller checks, out of a smaller fund and more realistic exit valuations. · Exit return targets for Primetime compared to Greycroft and reaching 3x returns fund-wide. Hello@primetimepartners.com Video: https://youtu.be/T7DA1__xQCs. https://www.amazon.com/No-Red-Lights-Reflections-Venture/dp/1637582935 Subscribe to Fireside with a VC on YouTube, Spotify and all podcast platforms: https://anchor.fm/FiresideVC. Join the 7BC Venture Capital Syndicate to co-invest with our VC fund (https://angel.co/s/sevenbc/ZZAgQ) or invest in our 506c VC fund which co-invests with our main VC fund. Andrew@7bc.vc
Abby Miller Levy has had quite a career with companies like OXO, Thrive and Soul Cycle. But her company, Primetime Partners grew from her work in the health and wellness sector and her passion around transforming the quality of living for older adults.
This week we spoke with Abby Levy, Managing Partner & Co-Founder of Primetime Partners. Tune in to learn about the disappointment that led her to founding the early-stage capital fund, and why society should be designing for an additional 30 or 40 years. Connect with Abby Levy Website: https://www.primetimepartners.com LinkedIn:https://www.linkedin.com/in/abbymillerlevy Connect with Nassau Re/Imagine Join Our Incubator Program Website: Imagine.nsre.com LinkedIn:https://www.linkedin.com/showcase/nassau-reimagine Instagram: @nsre_imagine