Mac Conwell

7 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 5, 2022 by Mac the VC · said 5 times in 1 episodes since 2022 · across every show →

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brought up most by Harry Stebbings (5)

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Everything said about Mac Conwell, oldest first

Feb 5, 2022
Assertion Not checkable as stated
Mac Conwell received over a year of free legal work for RareBreed
“He's never charged me. He's been my lawyer for over a year. He's never sent me a bill.”
Mac the VC Feb 5, 2022 ▶ 12:46 Mac the VC on the Journey from Homeless To Becoming A VC | Full Interview with Harry Stebbings · 20VC with Harry Stebbings
Feb 5, 2022
Assertion Supported
Mac Conwell broke into venture capital without a degree or finance background
“I'm like, ok, I don't have a college degree, I don't have a finance background, but I know startups, and I know a lot of people in Baltimore,”
Mac the VC Feb 5, 2022 ▶ 1:14 Mac the VC on the Journey from Homeless To Becoming A VC | Full Interview with Harry Stebbings · 20VC with Harry Stebbings
Feb 5, 2022
Disclosure
Mac Conwell was not an accredited investor when starting RareBreed Ventures
“I wasn't even an accredited investor when I started raising my fund, right?”
Mac the VC Feb 5, 2022 ▶ 12:32 Mac the VC on the Journey from Homeless To Becoming A VC | Full Interview with Harry Stebbings · 20VC with Harry Stebbings
Feb 5, 2022
Disclosure
Mac Conwell returned remaining capital to investors after his second startup failed
“I basically Got burnt out. Told my investors, hey, thanks, but no thanks. Here's what little money we have left. You can all have it back.”
Mac the VC Feb 5, 2022 ▶ 1:51 Mac the VC on the Journey from Homeless To Becoming A VC | Full Interview with Harry Stebbings · 20VC with Harry Stebbings
Feb 5, 2022
Disclosure
Mac Conwell raised RareBreed Ventures with zero GP capital commitment
“So I have no GP commit. I didn't have the money for it.”
Mac the VC Feb 5, 2022 ▶ 12:28 Mac the VC on the Journey from Homeless To Becoming A VC | Full Interview with Harry Stebbings · 20VC with Harry Stebbings
Feb 5, 2022
Disclosure
Mac Conwell offered RareBreed LPs flexible multi-year capital call options
“No, I gave my LPs three options. You can do a hundred percent upfront, 50% each year over two years or 33%. Over each year, over three years, with the minimum being 10 K per year.”
Mac the VC Feb 5, 2022 ▶ 11:29 Mac the VC on the Journey from Homeless To Becoming A VC | Full Interview with Harry Stebbings · 20VC with Harry Stebbings
Feb 5, 2022
Disclosure
Mac Conwell executed RareBreed Ventures' first close at 10% of target
“My first close was at 10%.”
Mac the VC Feb 5, 2022 ▶ 11:06 Mac the VC on the Journey from Homeless To Becoming A VC | Full Interview with Harry Stebbings · 20VC with Harry Stebbings
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