Lux Capital partner Deena Shakir responds to host Harry Stebbings' concern that having children causes founders and investors to become professionally mediocre.
0:00 / 0:21exact quote · 21.5s
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“The reality of what happened to me, which is that time means something different after you have kids. The amount that you can produce in an hour changes, and I don't know if it's magical superpower or some hormonal thing. It's probably not, but I think it is that ruthless prioritization and that trade-off that enables you to do more with those same working hours than you did previously”
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More from Deena Shakir
Insight
Shakir: Multi-stage funds writing small checks won't prioritize early-stage founders
“If they're just barely giving you a couple 100,000 dollars, they're not going to have time. They're just not going to give a shit. It's not going to be a priority for them.”
Deena ShakirApr 25, 2022▶ 11:4220VC: Why You Should Think Twice Before Taking Multi-Stage Money at Seed, Why Venture Has Never Been Less Collaborative, How Becoming a Parent Made Me a Better Investor and Why We Should Be Optimistic About the Future of Diversity in Venture with Deena Sh
Insight
Shakir: Multi-stage investors skipping follow-on rounds creates major signaling risks
“It's going to look badly if they were in your prior round and don't do the next round. That ends up being a flag in a lot of cases.”
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Disclosure
Shakir: Building a public VC brand led to severe online harassment
“I've gotten, like, rape threats. I've gotten some weirdo DMing me that he's gonna come eat my pets. I don't even have pets.”
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Opinion
Shakir: Fast VC investment decisions prevent founders from understanding investor dynamics
“The fact that these decisions can be made so quickly without any real insight into what that dynamic is like with the investor, I think is really problematic.”
Deena ShakirApr 25, 2022▶ 8:3620VC: Why You Should Think Twice Before Taking Multi-Stage Money at Seed, Why Venture Has Never Been Less Collaborative, How Becoming a Parent Made Me a Better Investor and Why We Should Be Optimistic About the Future of Diversity in Venture with Deena Sh
AssertionSupported
Shakir: VC funding for all-female founding teams dropped to 2%
“In terms of the percentage of dollars deployed to solo female founders or women-only founding teams, it's dropped down to two percent, the lowest number since 2016.”
Deena ShakirApr 25, 2022▶ 25:5420VC: Why You Should Think Twice Before Taking Multi-Stage Money at Seed, Why Venture Has Never Been Less Collaborative, How Becoming a Parent Made Me a Better Investor and Why We Should Be Optimistic About the Future of Diversity in Venture with Deena Sh
Insight
Shakir recommends a popular parenting book as an essential founder leadership guide
“And one of the best books I love to have founders read about leadership is not a business book, but a book called How to Talk So Your Kids Will Listen and Listen So Your Kids Will Talk.”
Deena ShakirApr 25, 2022▶ 22:1920VC: Why You Should Think Twice Before Taking Multi-Stage Money at Seed, Why Venture Has Never Been Less Collaborative, How Becoming a Parent Made Me a Better Investor and Why We Should Be Optimistic About the Future of Diversity in Venture with Deena Sh
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