Equity
Found: Empathy-driven investing with Erin and Sara Foster
Dec 26, 2024
Discover how the Foster sisters transitioned from fashion to venture capital, leveraging empathy to connect with founders. They share lessons from past businesses and the impact of supportive investors on startups. The conversation dives into balancing family dynamics in business while emphasizing collaboration over competition. Personal stories highlight the importance of authenticity in public life and navigating challenges as women in the workplace. Tune in for insights on creating a strong support network and finding work-life balance.
20:22
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Quick takeaways
- The Foster sisters highlight that their transition into venture capital is driven by the empathy gained from their diverse entrepreneurial experiences, allowing them to better support founders.
- They stress the importance of balancing career commitments while prioritizing mental wellness and personal relationships to maintain overall happiness and productivity.
Deep dives
Pivoting into Venture Capital
The Foster sisters discuss their transition from entrepreneurial roles into venture capital. Their diverse careers included co-founding a clothing line and creating content for notable platforms, but they found a new passion in investing. The sisters emphasize the significance of empathy gained from their operational backgrounds, which aids them in better understanding the struggles that founders face. They believe that this perspective allows them to provide more meaningful support to the entrepreneurs they invest in, contrasting the experiences of investors who lack this hands-on experience.
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