We call it community powered because we don't do really any outbound. All of our deal flow comes from those 50 founders in New York. And we run it all on a Slack channel where people submit deals and decks, and there's like, lively discussion about these deals. And we've become quite active. So in the eleven months that we've been around, we've done 28 deals.
“And we call it community powered because we don't do really any outbound.”
And we call it community powered because we don't do really any outbound. All of our deal flow comes from those 50, founders in New York. And we run it all, on a Slack channel where people submit deals and decks, and there's, like, lively discussion about these deals. And then we have, an investment committee that decides. And we've become quite active. So in the eleven months, that we've been around, we've done 28 deals.
Why this clip
Reveals the specific operational mechanics of how a successful fund actually works. The Slack channel detail and 28 deals in 11 months provides concrete proof points. Shows innovation in traditional VC processes.
What they said next
The truth is, it's too late by then. Like, there's there's some things we can do, but we need to start earlier. We need to start, you know, getting in front of students and really, you know, helping them at those earlier stages that we can inspire them to become founders, to start companies, and give them the resources. And that's really gonna help with, you know, diversity and inclusivity.
13:36 - 21s · Practical Framework
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