Katrina Lake: Disproportionate Capital Gives Male Founders More Chances to Succeed
Katrina Lake · 20VC: Stitch Fix Founder Katrina Lake on Growth vs Profitability, Her Biggest Lessons From Working with Bill Gurley at Benchmark and The Importance of Mental Flexibility as a Leader · Dec 3, 2020 · at 13:35
Katrina Lake is the founder and CEO of Stitch Fix. She addresses the fundraising disparities between male founders and underrepresented entrepreneurs.
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“Raising hundreds of millions of dollars, like it's such a huge advantage. And like, I think it was really hard to watch a lot of, you know, like mostly male founders, many who are bombastic and, you know, have these big visions. And I felt like my vision was big too. And, you know, and to be able to raise so much money when I really struggled to raise the little money that I did. And, you know, when you raise that much money, like you can, Hire amazing people. You can make really expensive mistakes. Like, you know, it just gives you, like, many more at-bats.”
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