This Week in Startups DoorDash Co-Founder Stanley Tang on founding story, lessons + First-time fund manager panel | E1759
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Today’s show:
The contents of this episode were recorded live at LAUNCH Angel Summit in Napa.
DoorDash Chief Product Officer and Co-Founder Stanley Tang joined Jason live on stage at Angel Summit to discuss DoorDash’s founding story, avoiding ZIRP distractions, and the cloud kitchen movement (1:23).
Then, Jason sits down with Kelli Fontaine of Cendana Capital, Sophia Amoruso of Trust Fund, and Paige Doherty of Behind Genius Ventures to chat about becoming and investing in first-time fund managers (36:49).
Follow Stanley: https://twitter.com/stanleytang
Check Out DoorDash: https://www.doordash.com/
Follow Kelli: https://twitter.com/kells_bells
Check Out Cendana Capital: https://www.cendanacapital.com/
Follow Paige: https://twitter.com/paigefinnn
Check Out Behind Genius Ventures: https://www.behindgeniusventures.com/
Follow Sophia: https://twitter.com/sophiaamoruso
Check Out Trust Fund: https://www.trustfund.vc/
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Time stamps:
(0:00) Nick kicks off the show
(1:23) DoorDash’s founding story with Stanley Tang
(11:06) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(12:20) The Palo Alto delivery experiemnt
(16:07) DoorDash’s first delivery
(18:21) The era of excess
(23:00) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups
(24:23) Avoiding ZIRP distractions
(26:44) Navigating through the pandemic
(30:59) The Cloud Kitchen movement
(35:31) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(36:49) Defining a fund of funds and selecting managers with Kelli Fontaine of Cendana Capital
(44:00) Raising a private fund with Paige Doherty of Behind Genius Ventures
(48:14) The origin story of Trust Fund with Sophia Amoruso
(53:42) The prevalence of startup funds
(59:35) Advice for first-time fund managers and having the ability to say no
(1:04:36) Running a small fund in a sustainable matter
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