Paige Finn became interested in venture capital during college, but within a year and a half of graduating in 2020 she already has a fund! 

In this episode you will learn:

1. How she secured her first allocation before having a fund

2. The steps she took to set up an SPV while being a non-accredited investor

3. How she raised a $1.6m fund

4. Behind Genius' investing thesis and strategy

5. The books that have most influenced her work and writing style

6. Why she wrote a picture book (for adults) called "Seed to Harvest: A Simple Explanation of Venture Capital"

1. How Packy raised his first fund from his readers. 

2. What regulations he needed to navigate to comply with the SEC. 

3. Which sectors he invested his first $10M into (in just 6 months) and some of his breakout startups. 

4. Why IRR can be hilariously large in the early stages of a small fund.

5. How he manages a syndicate and a venture fund while still doing right by LPs. 

David’s been a VC for a while, but he just launched a new $2.8M fund part-time with Nat Manning. We get into why his small fund size is actually so significant and represents new possibilities in venture plus:

- How he uses his podcast and community to get dealflow
- What he thinks you need before starting your own VC fund

https://twitter.com/djrosent

Mac the VC joins the show as the first guest for Angel Season 6 to share his story and how he invests. 

https://twitter.com/MacConwell

Check out Gotham Gal Ventures: https://gothamgal.com/investments

FOLLOW Joanne: https://twitter.com/thegothamgal

FOLLOW Jason: https://linktr.ee/calacanis

Show notes:

1:07 Jason intros "The Gotham Gal" Joanne Wilson & they reminisce on the '90s in New York & magazines

5:04 Spotting a bubble, issues with raising above your performance, New York during the pandemic & returning to normal

11:43 Odoo - Get your first app free & $1000 off your first implementation pack at https://odoo.com/twist

13:12 New York's pre-pandemic situation, healthcare detaching from employment

16:11 Rethinking education & commercial real estate, NYC's pro-development mindset, roasting Hudson Yards

24:50 LinkedIn Jobs - Post your first job free at https://www.linkedin.com/angel

26:19 Impact of high-end residential real estate on NYC

29:22 Joanne's experience investing in underrepresented founders, how the industry has changed over the past 15 years, opportunity with underrepresented founders

36:16 Assure - Get 20% off your first SPV at http://assure.co/angel

37:50 Why Joanne slowed her investment pace during the peak market, sorting process with an influx of startups, portfolio management in an unsustainable market

44:47 Reasons for startup failure, advice for founders raising large amounts of capital

56:14 Family talk, NFTs & sketchy art market dealings

Check out Panoramic Ventures: https://panoramic.vc

Check out SoftBank's Opportunity Fund: https://theopportunityfund.com

FOLLOW Paul: https://twitter.com/pauljudge

FOLLOW Jason: https://linktr.ee/calacanis

Listen here:

Apple: https://podcasts.apple.com/us/podcast/this-week-in-startups-audio/id315114957

Spotify: https://open.spotify.com/show/6ULQ0ewYf5zmsDgBchlkr9

Overcast: https://overcast.fm/itunes315114957/this-week-in-startups-audio

Thanks to our partners:

Odoo - Get your first app free & $1000 off your first implementation pack at https://odoo.com/twist

OurCrowd - Sign up for a free account at https://www.ourcrowd.com/twist

LinkedIn Jobs - Post your first job free at https://www.linkedin.com/angel

Show notes:

1:05 Jason intros Paul Judge & they discuss the Miami startup scene & the impact of investing over Zoom

11:37 Odoo - Get your first app free & $1000 off your first implementation pack at https://odoo.com/twist

13:08 How Paul invests, rebranding to start Panoramic Ventures & joining the investment board at SoftBank's $100M Opportunity Fund

17:26 Are dedicated opportunity funds the right approach to maximize funding of underrepresented founders? Where underrepresented founders have an edge

24:34 OurCrowd - Sign up for a free account at https://www.ourcrowd.com/twist

26:11 Jay-Z's insane Q1, why George Floyd resonated more than prior policy brutality videos

35:11 LinkedIn Jobs - Post your first job free at https://www.linkedin.com/angel

36:47 Downstream investors looking for underrepresented founders

41:33 Celebrity/influencer funds impact on the future fundraising landscape

43:53 What makes it easy for Paul to invest: "What's your Olympic Team?", anti-portfolio

53:07 Paul's greatest hits as an investor, paradox of borrowing money as a rich person

1:00:20 Educating more people on entrepreneurship via reality TV, Jason's Clubhouse crusade, future of SF

Check out Initialized: https://initialized.com

FOLLOW Garry: https://twitter.com/garrytan
FOLLOW Jason: https://linktr.ee/calacanis

Show notes:
1:08 Jason intros Garry Tan & they talk about Garry's Posterous regrets & lessons from failure, going from seed-stage to growth-stage founder
8:33 Garry on life as an investor, Paul Graham's original YC content/community funnel
11:04 LinkedIn Jobs - Post your first job free at https://www.linkedin.com/angel
12:39 Garry's YouTube experience, investing in Clubhouse & the social audio space & Jason's Clubhouse beef
20:27 Twitter spaces coexisting with Clubhouse, Twitter's recent product groove, Initialized's investment in Clubhouse
28:05 Assure - Get 20% off your first SPV at http://assure.co/angel
29:40 How accelerators get great value, Capital-as-a-Service, equity participation as newer generations' north star
36:37 Sweet spot age for founders, ISAs & community-driven learning
39:13 Odoo - Get your first app free & $1000 off your first implementation pack at https://odoo.com/twist
40:44 VCs moving downstream & missing the early-stage orchard, potential new models to provide value, avoiding sharp elbows as a seed investor
48:58 Garry explains Alexis Ohanian leaving Initialized & their continued bond as friends
53:55 Unicorn patterns, understanding important consumer metrics

Check out Automattic: https://automattic.com

FOLLOW Matt: https://twitter.com/photomatt

FOLLOW Jason: https://linktr.ee/calacanis

Show notes:

1:07 Jason intros Matt Mullenweg & they discuss starting WordPress & getting into angel investing

5:47 Angel investing in the early 2000's as ecosystem building & charity, Automattic's SPAC potential, potential for individual properties to spin out

11:48 OurCrowd - Sign up for a free account at https://www.ourcrowd.com/twist

13:14 How WooCommerce compares to Shopify, open-source flexibility, thoughts on running a public company, difficulty of the media business

20:17 Audrey Hepburn's influence on Matt

21:30 LinkedIn Jobs - Post your first job free at https://www.linkedin.com/angel

23:03 Matt's first big hits as an investor, holding on to winners

28:15 Practical uses for crypto, being bullish on the technology of crypto, impact of bad actors on decentralized systems

34:30 Odoo - Get your first app free & $1000 off your first implementation pack at https://odoo.com/twist

35:48 Policing speech on the Internet, Trump stress test, analyzing Trump's ban

48:17 Pioneering remote work, future in a post-COVID world, advantages in competing for top talent, middle management's disadvantages due to remote work

59:37 Future of San Francisco, managing hybrid in-person / remote, tips for new founders