$100M+ Exit – Minnie Ingersoll, Shift

In this episode, Steve, Mary, Richard, and Minnie Ingersoll discuss:

• The process of raising money as your business grows
• The value of a strong team
• The future of entrepreneurship and whether working toward a billion-dollar status is worth it
• Where the next big opportunities lie

Key Takeaways:

• Show up, tell the truth, hope for the best
• People, product, and market- people will invest in the person if you show them you are worth the investment
• Venture capital when used in the right way can be extremely beneficial for society as a whole
• Having a product and customers are vital for investors

“When there aren’t spreadsheets with years of history to look at, people are looking at people, product, and market.” — Minnie Ingersoll

About Minnie Ingersoll: Partner at TenOneTen actively investing in great teams. We are operators who invest early (pre-seed, seed, seed+) and love working with technical founders who are passionate about what they’re building.

Prior to TenOneTen, I was founder and COO at Shift, an online marketplace disrupting the $1.2T car industry by providing a better experience for buying and selling used cars. Grew to a $100M+ business and a recent Series D.

Started my career as an early product manager at Google. In my spare time, I volunteer for city government, surf baby waves, and raise baby people. 

Connect with Minnie Ingersoll:

• Twitter: himinnie
• Website: tenoneten.net
• Email: minnie@tenoneten.net
• Show: la-venture
• LinkedIn: mingersoll

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