Everything Kate Shillo said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Shillo: Galvanize's $10.2M fund writes $100K checks and skips follow-ons
“We're no longer doing follow-ons because it doesn't make sense for the size of our fund, which is 10.2 million dollars, and our initial checks are about a 100,000.”
Shillo: VCs refused to invest in digital content startups in late 2000s
“No VC would touch content at the time.”
Shillo: NYC tech thrives by connecting legacy industries with new startups
“And that was the whole push that we're now seeing, is that the New York market Is really working, you know, the older industry is really working with the new industry of consumer and e-commerce and content companies that are coming out of the startup world.”
Shillo: Female VCs collaborate on deals significantly more than in the past
“Yeah, but I will say just one thing I've noticed between when I started doing this six or seven years ago till now, is that I'm seeing female VCs start to collaborate quite a bit on deals with each other, which is rad. I'm so psyched about that.”
Shillo: Hardware crowdfunding is primarily for advertising, not raising capital
“I don't think we think of it in terms of crowdfunding. I often think of crowdfunding as a bit of advertising. I mean, it's great to have that money, but chances are they probably raised around a seed round before that. So it's more about validating the custome…”
Shillo: Series A VCs will not invest in hardware before products ship
“I find as I'm an investor, a seed investor in a lot of these and talking to later stage investors, Their hurdle is shipping. If you haven't shipped your product and you can't talk about metric and how customers are engaging with your product, you're, they don'…”
Shillo: BuzzFeed has surpassed Huffington Post in market positioning
“You know, and something like BuzzFeed, which has surpassed Huffington Post, which is a lira investment, and Jonah was one of the founders of Huffington Post, he took what he learned from, you know, so he's been working at this for years and years and years and…”
Shillo: VC is highly stressful because investors lack operational control
“That it's easy. You know, I think from a lot of people looking in, it's fun because we're the ones controlling the capital, but it's incredibly stressful, and we're sitting in between having no control over the company, and hence the outcome.”
Shillo: AI messaging will enable direct transactions in Twitter and Messenger
“This technology will, through artificial intelligence, will allow those companies to be able to communicate on those platforms using, ah, transactional cards, which will be really exciting. So you could actually transact right there in Twitter and Facebook Mes…”
Shillo: Using Paperless Post for Ken Lerer's events led to investment
“Paperless Post was a perfect example of something that I used, I found, because I was doing events for Kenny, and I just didn't want to address all these envelopes, and he was like, oh, this is really cool, and I was like, actually, it makes a lot of sense, yo…”
Shillo: Galvanize Ventures is not exclusively dedicated to backing female founders
“I've been told I'm running a fund purely for female founders, which Would be awesome, but I don't happen to be. You know, that's just in the market because I'm a female working in VC.”
Martha Stewart wanted to launch an internal wiki called Marthapedia
“She wanted to create Marthapedia.”