Everything Alan Jean-Baptiste said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Jean-Baptiste: Separation of sourcers and investment committees weakens venture conviction
“When you think about the structuring of traditional firms, It tends to be that the most junior people are doing a lot of the sourcing, developing a lot of the theses, having those initial conversations and building a point of view. But the investment committee…”
Jean-Baptiste: Traditional VC advisor networks overpromise and lack accessibility
“What we realized was a lot of VC networks overpromised. They're people with large caches who sound great on a page, but don't really have time or aren't even accessible for your ten million dollar investment.”
Jean-Baptiste: Firm scaling creates silos that miss interdisciplinary business models
“For one thing, as you grow your firm, you just start to silo your people. So instead of being more of a generalist or covering multiple sectors, you start to cover very specific end markets, and within those end markets, even more specific subsectors. And give…”
Jean-Baptiste: Ansa Capital Targets About a Dozen Companies for Fund One
“We're building a concentrated portfolio. We want fund one to be about a dozen companies because for all that time and for all that effort and research and thesis building, we want to invest deeply behind where we have conviction.”
Jean-Baptiste: Ansa uses GP-led thesis work to invest faster with deeper conviction
“And that's why our approach is to do GP-led thesis work in very specific spaces, and to build deep theses. So we're not running around chasing every idea, but we're chasing the theses where we feel like we have deep conviction and knowledge. And that allows us…”
Jean-Baptiste: Ansa uses a 1-to-9 scale without 5s for deal conviction
“We like to use a scale, one to nine, can't vote five, and that gives you a really good indication of how your partner and the rest of the team are feeling about an individual deal.”
Jean-Baptiste: Ansa Operator Network Is Majority Women and Ethnically Diverse
“And what we're proud of is these are a really diverse group of operators, majority women, Majority ethnically diverse”