Selected - The Sesamers Podcast

Selected 019 - Nancy Fechnay

Episode Summary

In this episode, we sit down with veteran venture capitalist Nancy Fechnay to discuss her focus on female founders and the announcement of an all-new syndicate with Joanne Bradford and Zem Joaquin. And the mushrooms in Bali.

Episode Notes

Your message aimed at a highly targeted audience. Let's talk. dan@selected.sesamers.com

Topics Discussed:

• The Grateful Dead
• World Exclusive: Partner of a new female-led syndicate focused 100% on positive impact investing with Joanne Bradford (President of Honey) and Zem Joaquin (Founder of the Near Future Summit)
• Podcasts are chronicles of history.
• This is not a political podcast
• AVG/Towerview Ventures
• Nancy is never retiring
• J&J - one shot
• AstraZeneca - 48 hours, 24 hours of sleep
• "I'll get to Japan one day"
• All you can do is laugh, otherwise you'd cry
• SXSW
• This ain't no SaltLick
• "Hey, that's Elon Musk!"
• Waddup with Flight Ventures?
  • Deploying 1 to 2  deals/week
  • So cool, we don't need a website
  • "I can give you a decision in the next 5 minutes if you can tell me X, Y, and Z"
• Notion boards as a website
• Nancy is in the minority
• Why are there so few women in VC
• Men make less money. For VCs.
• There are fewer female founders because:
  • There are fewer role models
  • 3% of venture-backed companies are female-led
  • Females tend to choose a more stable career path
• Pitch decks
• Balancing the scales, I'm good with that
• Dogs, Speeding Cars, and Airplanes
• What are the biggest challenges you face as a female in the venture world?
• 10 years ago vs. now
• Mislead
• Stats. Lots of stats
• Why should I be investing in men?
• Investing in minorities
• Nancy and SPACs. No. Just ... no
• What can we do to get more women founding more companies?
• Are you doing any mentoring in the venture world?
• Harlem Capital
• The Lightning Round!

Your message aimed at a highly targeted audience. Let's talk. dan@selected.sesamers.com

• How is venture capital going to change the world?
  • It's not
• How do you do at the horse track?
• Nancy has ridiculously high returns
• You're going to want to run those numbers again Nancy
• The mushrooms in Bali are pretty good I hear
• AVG - The most active fund most people have never heard of
• No, I said SPACs
• Raising funds and deploying funds every year
• Non-stop fundraising
• VC hasn't changed since the 1960's
• AVG. We follow, we don't lead. Which means we can do more deals
• What does world positive mean to you?
• Who should I be investing in right now?
• We're live right now
• Databento
• I'm not falling asleep - I'm lamenting what I've done with my life
• Stole. No no no, that's "brought her friends with her"
• Ellipsis Health
• What are you looking for in a pitch?
  • Team
  • Hook
  • Product / Solution
  • Customers and Traction
  • Market Size
  • Competition / Differentiator
  • Details / Roadmap
  • Other investors and what the terms are
• Gut instinct
  • Taproombuddy!
• Voiceover on the deck
• Get a DATA ROOM!
• FAQ for investors
• Gimme a piechart and a breakdown
• Make friends with a photographer before you approach a VC
• Nancy's gotta go move $300 million out the door
• Nancy's other
• Excited to be back in the U.S.
• Off to the Galápogos
• My mom and a couple of other people
• Make friends with investors
• TikTok and a Spring Chicken

Your message aimed at a highly targeted audience. Let's talk. dan@selected.sesamers.com

Where to Find Us:

Find Nancy at:

Linkedin

Instagram

Find Dan at:

Linktr.ee/dantaylor

(Bonus Material)