ANGEL: Freestyle’s Jenny Lefcourt on nailing non-consensus bets and avoiding hype | E1704
Jenny Lefcourt of Freestyle VC joins Jason for an insightful conversation. They delve into the mission of All Raise and the importance of diversity in venture capital (2:04). Jenny shares her thoughts on embracing non-consensus bets and her experiences investing in Narvar and Discord (20:04). Additionally, they discuss the value of strategy meetings in comparison to traditional board meetings (59:10).
(0:00) Jason kicks off the show
(2:04) Co-Founding All Raise: Promoting Diversity in Venture Capital
(9:53) Prenuvo - Save $300 on Full Body Scans at http://prenuvo.com/twist
(11:23) Biases Towards Certain Business Models
(15:05) Identifying and Avoiding Unsuccessful Business Models
(18:54) LinkedIn Jobs - Post Your First Job for Free at https://linkedIn.com/angel
(20:04) Embracing Non-Consensus Bets
(22:53) Jenny’s Investment in Narvar
(28:16) Understanding the Economics of a Seed Fund
(35:14) Comparing Hype: Generative AI versus Web 3.0
(40:47) Miro - Collaborate with Unlimited Team Members for Free at https://miro.com/startups/
(42:28) Insights from Jenny's Investment in Discord
(47:05) Attaining Product-Market Fit and Making a Significant Impact
(56:56) Exiting Deals: When to Move On
(59:10) Strategy Meetings Compared to Board Meetings
(1:04:04) Jenny's Ideal Timeline for Committing to Investments
FOLLOW Jenny: https://twitter.com/jennylefcourt
FOLLOW Jason: https://linktr.ee/calacanis
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