Capital Club Jumpstart Foundry: Healthcare Innovation Fund with Eller Mallchok
Eller Mallchok is the Managing Director at Jumpstart Foundry. She oversees the strategic direction of each annual fund, leads fundraising efforts, and serves as the point of contact for all portfolio company founders. After earning a B.S. in Biology from Dickinson College, she made her way back home to Tennessee, where she has been deeply involved in the entrepreneurial and investment ecosystem.
[00:01 – 07:47] Getting to Know Eller
- I welcome our guest for the episode, Eller Mallchok
- Eller talks about her background
- Her role at Jumpstart
- What encouraged her to become part of Jumpstart Foundry
- Investing with female founders and healthcare start-ups
[07:48 – 17:25] Venture Capital Industry
- Eller’s experience as a woman in the industry
- Women representation in the venture capital industry
- Significance of the ‘Black Lives Matter’ and ‘Me Too movement’ in the investment world
[17:26 – 32:51] Jumpstart Foundry
- The difference of Jumpstart Foundry from a Traditional VC Fund
- Typical volume of applications they receive
- Helping the majority of companies achieve “base hits” rather than one company to hit a homerun
- The power of the network they have at Jumpstart Foundry
- Healthcare industry in Nashville
[32:52 – 42:51] Closing Segment
- Themes in management teams that prove successful
- Common things that result to startups failure
- If you were speaking to a student, a recent graduate, or a woman who wants to get into the Venture Capital Industry. What advice would you give?
- Connect with Eller. See Links Below.
- Final words
Tweetable Quotes:
“I think women inherently have more experience and more exposure to healthcare decisions. They are typically the ones making the most health care decisions in their family unit. So they are acutely aware and understand healthcare.” - Eller Mallchok
“Two of the things that most often results in startups failing are: no market need and running out of money. So if you can address both of those potential points of failure, then you’re much better positioned for success.” - Eller Mallchok
“the power of your network early on is very very real. Getting even just connected to people in this space is important, and doing whatever you can to bring value to them.” - Eller Mallchok
Resources Mentioned:
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Connect with Eller, follow her on Linkedin, send her an email at eller@jsf.co. Visit https://jsf.co/
Connect with Excelsior GP:
Connect with me:
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