On paper, like, you know, my company was worth 350 million. So even after raising 60, I owned 80% of it. The first money in dynasti-gal is out of the growth fund. July of 2016, my husband of less than a year, like bales, and it's like, we've been together for like four or five years. What's going on? Like, emotionally, could you just give me warnings or something?"
Sophia Amoruso, Founder and GP at Trust Fund, joins Jason to discuss her angel investments (1:23), raising a fund publicly (5:54), and the creative process (12:14). Then, they discuss portfolio construction and putting past identities to bed (27:04).
(0:00) Molly kicks off the show
(1:23) Previous angel investing experience
(5:54) Why Sophia is raising a public fund
(10:45) Linode - Apply to Linode's Rise program for up to six figures in discounts at https://linode.com/twist
(12:14) Branding and the creative process
(20:55) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(22:25) What stage of investing is Sophia going after
(27:04) Portfolio construction
(37:16) Brilliant.org - Go to http://brilliant.org/twist to start your 30-day free trial today and get 20% off your annual premium plan
(38:44) Pro rata rights
(46:56) Putting past identities to bed
(1:01:18) Fund cycles
(1:05:17) Investing in founders or investing in ideas & more
FOLLOW Sophia: https://twitter.com/sophiaamoruso
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood