The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Moxxie Ventures' Katie Stanton on What It Takes To Raise A First Time Fund As A Solo GP, The Entrance of Multi-Stage Funds Into Seed Rounds and The Inverse Relationship of Those That Fund Diverse Managers and Those That Say They Do

Jan 27, 2020
Katie Stanton, Founder and General Partner of Moxxie Ventures, shares her remarkable journey from executive roles at tech giants like Yahoo and Google to becoming a solo GP. She discusses the challenges of raising her first fund, the critical lessons learned, and what she would do differently next time. Katie also tackles the rising trend of multi-stage funds entering seed rounds and offers advice for founders navigating these offers. Her insights on promoting diversity in investment and the emotional hurdles of the fundraising process make for an engaging discussion.
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ANECDOTE

Katie's Path to Tech

  • Katie Stanton's path to tech began unexpectedly while working as a banker in New York.
  • She found inspiration in Yahoo Finance, leading her to a role at Yahoo in 1999, which paved the way for her career in tech and venture capital.
ANECDOTE

First Investments

  • Katie's first investment was in Lowercase Capital, founded by Chris Sacca, and later in Shape Security.
  • Both investments proved successful, sparking her interest in angel investing and eventually leading to the founding of Moxie Ventures.
ANECDOTE

Transition to Institutional Investing

  • Katie Stanton became more conservative transitioning from angel investing to managing Moxie Ventures.
  • She now conducts thorough due diligence, including reference checks and customer interviews, and focuses on seed-stage deals with specific valuation criteria.
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