Stanton outlines $25M Moxxie fund strategy and target deployment criteria
Katie Stanton · 20VC: Moxxie Ventures' Katie Stanton on What It Takes To Raise A First Time Fund As A Solo GP, The Entrance of Multi-Stage Funds Into Seed Rounds and The Inverse Relationship of Those That Fund Diverse Managers and Those That Say They Do · Jan 27, 2020 · at 29:38
Katie Stanton is the founder and General Partner of Moxxie Ventures. She details the capital allocation model and target investment criteria for her firm's inaugural fund.
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“It's a twenty-five million dollar fund. I'm looking to invest half of the capital and reserve the second half for follow-ons. Only investing in seed, so pre-seed, seed, seed plus, what have you, basically anything before the A. Open-minded with respect to sectors, but I do tend to gravitate towards the sectors that I love, which are consumer internet, future work, fintech, and health tech. I plan on investing between 250 to 500,000 per company, and my ownership target is five percent, which I think allows me to be a great fast follow to some of the larger firms. And so, ultimately, this allows me to invest in roughly 20 to 25 companies over the next two to three years.”
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