In this episode, we sit down with veteran venture capitalist Nancy Fechnay to discuss her focus on female founders and the announcement of an all-new syndicate with Joanne Bradford and Zem Joaquin. And the mushrooms in Bali.
Your message aimed at a highly targeted audience. Let's talk. dan@selected.sesamers.com
Topics Discussed:
- The Grateful Dead
- World Exclusive: Partner of a new female-led syndicate focused 100% on positive impact investing with Joanne Bradford (President of Honey) and Zem Joaquin (Founder of the Near Future Summit)
- Podcasts are chronicles of history.
- This is not a political podcast
- AVG/Towerview Ventures
- Nancy is never retiring
- J&J - one shot
- AstraZeneca - 48 hours, 24 hours of sleep
- "I'll get to Japan one day"
- All you can do is laugh, otherwise you'd cry
- SXSW
- This ain't no SaltLick
- "Hey, that's Elon Musk!"
- Waddup with Flight Ventures?
- Deploying 1 to 2 deals/week
- So cool, we don't need a website
- "I can give you a decision in the next 5 minutes if you can tell me X, Y, and Z"
- Notion boards as a website
- Nancy is in the minority
- Why are there so few women in VC
- Men make less money. For VCs.
- There are fewer female founders because:
- There are fewer role models
- 3% of venture-backed companies are female-led
- Females tend to choose a more stable career path
- Pitch decks
- Balancing the scales, I'm good with that
- Dogs, Speeding Cars, and Airplanes
- What are the biggest challenges you face as a female in the venture world?
- 10 years ago vs. now
- Mislead
- Stats. Lots of stats
- Why should I be investing in men?
- Investing in minorities
- Nancy and SPACs. No. Just ... no
- What can we do to get more women founding more companies?
- Are you doing any mentoring in the venture world?
- Harlem Capital
- The Lightning Round!
Your message aimed at a highly targeted audience. Let's talk. dan@selected.sesamers.com
- How is venture capital going to change the world?
- It's not
- How do you do at the horse track?
- Nancy has ridiculously high returns
- You're going to want to run those numbers again Nancy
- The mushrooms in Bali are pretty good I hear
- AVG - The most active fund most people have never heard of
- No, I said SPACs
- Raising funds and deploying funds every year
- Non-stop fundraising
- VC hasn't changed since the 1960's
- AVG. We follow, we don't lead. Which means we can do more deals
- What does world positive mean to you?
- Who should I be investing in right now?
- We're live right now
- Databento
- I'm not falling asleep - I'm lamenting what I've done with my life
- Stole. No no no, that's "brought her friends with her"
- Ellipsis Health
- What are you looking for in a pitch?
- Team
- Hook
- Product / Solution
- Customers and Traction
- Market Size
- Competition / Differentiator
- Details / Roadmap
- Other investors and what the terms are
- Gut instinct
- Taproombuddy!
- Voiceover on the deck
- Get a DATA ROOM!
- FAQ for investors
- Gimme a piechart and a breakdown
- Make friends with a photographer before you approach a VC
- Nancy's gotta go move $300 million out the door
- Nancy's other
- Excited to be back in the U.S.
- Off to the Galápogos
- My mom and a couple of other people
- Make friends with investors
- TikTok and a Spring Chicken
Your message aimed at a highly targeted audience. Let's talk. dan@selected.sesamers.com
Where to Find Us:
Find Nancy at:
Find Dan at:
Linktr.ee/dantaylor
(Bonus Material)
