Sophia Amoruso, founder of Nasty Gal and GP at Trust Fund, discusses with Molly O'Shea how high valuations created board-level dilemmas at Nasty Gal.
Opinion
Amoruso: Most consumer businesses are not actually venture scalable
“Consumer isn't something that I really wanted to focus on, even though that's my background, I don't think that for the most part, consumer businesses are venture scalable”
Disclosure
Amoruso gave a portfolio startup direct access to her LinkedIn DMs
“One of my portfolio companies, I just gave them carte blanche access to my LinkedIn DMs, and they will reach out to people that I am like tangentially connected to, and say, as me, and be like, hey, I love what you're doing with such and such beauty company, s…”
Prediction Not checkable as stated
Amoruso predicts portfolio company Agree.com will eventually replace DocuSign
“And they're like, you know, they're a company that's going to replace DocuSign.”
Opinion
Women in 'Founder Mode' face a double standard for directness
“I think they're, you know, what we get into here is this double standard where if you're in founder mode as a woman, I mean, I was just talking to my friends about this last night, and they work At a crypto startup, and they do experience that. They're conside…”
Prediction Open · timeframe Aug 2030
Amoruso predicts Sergey Brin will be the world's first trillionaire
“You know, Sergey Brin was just on the All In podcast and talking about, you know, he jumped back into Google and is kind of all in on AI and, you know, he's like one of the smartest people I know. So I would, my bet would be Sergey.”
Insight
Peak branding is when customers adopt a brand as their identity
“The peak thing you can do as a brand is have someone who's your customer or reader, you know, girl boss ended up becoming a media company after it was a book and a Netflix series, start a sentence With I am and put your brand name at the end.”