Hustle Fund's Elizabeth Yin on unique portfolio strategy, post-COVID fundraising optimism | E1055

In this episode, Jason Calacanis chats with Hustle Fund's Elizabeth Yin about the process of raising a fund, venture capital strategies, and the impact of COVID on startups. They delve into the role of high net worth individuals as venture LPs, and Yin's approach to pro-rata as a smaller fund.

Speakers

AI Chat

Unidentified

Jason Calacanis

Host • 62%

Elizabeth Yin

Guest • 37%

Chapters

0:00	Opening
0:50	Jason opens the show with some thoughts on livelihood, getting back to work as a lose-lose situation and approaching the situation with kindness and empathy
5:47	Jason intros Hustle Fund's Elizabeth Yin and they discuss the process of raising Hustle Fund I and targeting first-time LPs
10:25	Why high net worth individuals would look to become venture LPs
14:26	What's the deal with Elizabeth & hippos? Where can you find Jason as his alter-ego "CyberSurfer"
15:49	What is Hustle Fund's portfolio strategy?
18:55	When do you know if you have a 100x outlier? Why roll prior angel investments into the fund?
24:15	Thinking of venture funds from a gambling perspective
28:24	What is Hustle Fund's approach to pro-rata as a smaller fund?
34:49	Founders ability to "game" investors increasing in last 5 years
37:47	How does Elizabeth decide to make the follow-on second bet in a company?
42:01	How does Elizabeth advise her startups to raise from downstream Seed/Series A investors, importance of positive unit economics
47:41	Challenges of fundraising in today's climate
50:34	Reasons for optimism/pessimism, lockdown creating a necessity for innovation
56:55	What will COVID's permanent ramifications be on startups?

Transcript

Clip

Loading transcript...