04-23-2021, 05:06 AM
General Partner at Initialized Capital Alda Leu Dennis speaks on investing advice fr
<!-- SC_OFF --><div class="md"><p>While male founders have consistently gotten more VC funding, the pandemic wasn’t kind to women-led startups, who received even less money from VCs in 2020. Alda Leu Dennis, a general partner at Initialized Capital, says it’s in part because of the lack of women VCs. </p> <p>In 2020, VC funding for all-female founding teams fell to 2.4%, a drop from the all-time high of 3.4% the year before, according to Crunchbase. Dennis, meanwhile, is investing in startups that could narrow the gender gap, many of which are FamTech (family tech) companies, designed to improve family life — something many of us have gotten plenty of during lockdown.</p> <p>Before Initialized, Dennis was a managing partner at 137 Ventures, investing in startups like Wish, Coupang, and CourseHero. She broke into venture capital by way of law (with a stint as a CEO), serving as general counsel at Founders Fund, and assistant general counsel at Clarium Capital Management, working with Peter Thiel. </p> <p><a href="https://www.youtube.com/watch?v=SF6k5hIC4rY&ab_channel=TheBusinessofBusiness">Dennis spoke about her top FamTech startups, investing advice from Initialized</a> co-founder Garry Tan, and why VC funding is gender-biased.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheForager"> /u/TheForager </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mw7vx7/general_partner_at_initialized_capital_alda_leu/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mw7vx7/general_partner_at_initialized_capital_alda_leu/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>While male founders have consistently gotten more VC funding, the pandemic wasn’t kind to women-led startups, who received even less money from VCs in 2020. Alda Leu Dennis, a general partner at Initialized Capital, says it’s in part because of the lack of women VCs. </p> <p>In 2020, VC funding for all-female founding teams fell to 2.4%, a drop from the all-time high of 3.4% the year before, according to Crunchbase. Dennis, meanwhile, is investing in startups that could narrow the gender gap, many of which are FamTech (family tech) companies, designed to improve family life — something many of us have gotten plenty of during lockdown.</p> <p>Before Initialized, Dennis was a managing partner at 137 Ventures, investing in startups like Wish, Coupang, and CourseHero. She broke into venture capital by way of law (with a stint as a CEO), serving as general counsel at Founders Fund, and assistant general counsel at Clarium Capital Management, working with Peter Thiel. </p> <p><a href="https://www.youtube.com/watch?v=SF6k5hIC4rY&ab_channel=TheBusinessofBusiness">Dennis spoke about her top FamTech startups, investing advice from Initialized</a> co-founder Garry Tan, and why VC funding is gender-biased.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TheForager"> /u/TheForager </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mw7vx7/general_partner_at_initialized_capital_alda_leu/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mw7vx7/general_partner_at_initialized_capital_alda_leu/">[comments]</a></span>Kind Regards R