Kirsten Green, Founding General Partner at Forerunner Ventures, discusses portfolio construction and how company scaling timelines influence investment decisions.
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“And sometimes it doesn't make sense in the context of our fund model and our goals as venture investors to invest pre-revenue because of that.”
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More from Kirsten Green
Opinion
Amazon creates more consumer commerce opportunity than it destroys
“Amazon does more to make the market opportunity that we're investing in than it does to crush it.”
Kirsten GreenJul 17, 2017▶ 23:1620VC: VC of The Year: Forerunner's Kirsten Green on 2 $Bn+ Exits in 1 Year, Why We Are In The Very Early Innings For Commerce & How Brand Has Fundamentally Changed Over The Last Decade
Disclosure
Green: 70% of dollars in Forerunner's recent fund went to B2B
“Our most recent fund that we just finished investing, I need to find the stat actually because we were referencing it internally the other day, but I want to say somewhere around 70% of the dollars went to B to B companies.”
Kirsten GreenAug 1, 2022▶ 25:21Kirsten Green: The Biggest Challenges Scaling Both Teams and AUM | 20VC #912 · 20VC with Harry Stebbings
Opinion
FOMO in venture capital leads to the misguided capitalization of startups
“Maybe the fear of missing out as a driver in investment decision-making process, and that contributing to some misguided capitalization of companies.”
Kirsten GreenJul 17, 2017▶ 24:0020VC: VC of The Year: Forerunner's Kirsten Green on 2 $Bn+ Exits in 1 Year, Why We Are In The Very Early Innings For Commerce & How Brand Has Fundamentally Changed Over The Last Decade
Insight
Green: Most factors in venture capital are beyond an investor's control
“Certainly in venture, the lion's share of things are out of our control.”
Kirsten GreenAug 1, 2022▶ 6:21Kirsten Green: The Biggest Challenges Scaling Both Teams and AUM | 20VC #912 · 20VC with Harry Stebbings
Insight
Green: Mimicking boardroom behavior diminishes performance and personal authority
“Every time I have tried to say people in the room behave like this, I'll get more respect if I behave that way, I mess it up. You know, because I'm overthinking it or I'm Getting nervous as my words are unfolding because they're not coming from a place of real…”
Kirsten GreenAug 1, 2022▶ 14:11Kirsten Green: The Biggest Challenges Scaling Both Teams and AUM | 20VC #912 · 20VC with Harry Stebbings
Insight
Green: Investors must offer distinct expertise to win cap table spots
“The best ones have people who shine in different areas and compliment each other. And the way to do that is to stand for something is to be known for something, to have some way to contribute where people are like, oh, I would like Harry in the room with me be…”
Kirsten GreenAug 1, 2022▶ 16:07Kirsten Green: The Biggest Challenges Scaling Both Teams and AUM | 20VC #912 · 20VC with Harry Stebbings
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