Mr Newman (right) formed Wave Capital with Sarah Adler and David Rosenthal to invest in startups created by former Airbnb staff. They have secured US$55 million and are now preparing to make a flood of investments.
RILEY Newman, a former head of data science at Airbnb, set out in mid-2017 to raise a venture capital fund that would invest in a multitude of tech trends.
But he quickly realised that potential investors were not interested in that kind of fund. Instead, all they wanted to hear about...