Afropolitan
How To Fund Startups with Elizabeth Yin (Co-founder And GP Of Hustle Fund) artwork

How To Fund Startups with Elizabeth Yin (Co-founder And GP Of Hustle Fund)

Afropolitan
S2 E140:59
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“This world is small, the more you pitch, the more you'll get to those with a pool of money.” The Afropolitan Podcast spotlights Afropolitans who aren’t afraid to step into the unknown and walk in purpose. With this podcast we hope to empower Africans in the Diaspora to harness their full potential and contribute to the development of a bold and progressive black community. Our guests will share their working formulas, the hard facts about leaving familiar terrain, embracing the unknown, and staying relevant afterwards. This episode features Elizabeth Yin,co-founder and general partner at hustle fund, a venture firm that invests in early-stage startups. Elizabeth Yin and her co-founders created the venture capital firm hustle fund to help level the playing field at the pre-seed funding stage. After reviewing about 20,000 pitch decks while working as a partner at 500 startups, Elizabeth came up with the idea of an early stage fund to help founding teams that struggle to attract investors attention. A two time founder, Elizabeth has always had a drive for business, technology and investing. Listen and enjoy as Elizabeth talks to us about her journey to becoming a VC and advises startups entering the bear market. Elizabeth’s reading list The Lean Startup by Eric Ries https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898 Predictable Revenue by Aaron Ross https://www.amazon.com/Predictable-Revenue-Business-Practices-Salesforce-com/dp/0984380213 Shoe Dog by Phil Knight https://www.amazon.com/Shoe-Dog-Phil-Knight/dp/1508211809 Show Notes 1:33 Journey to becoming a partner at hustle fund. 4:04 Misconceptions about being a VC 5:57 Most successful exit. 7:29 Different fundraising process 10:26 Advice to founders on recruiting and retaining talent longterm 14:11 Advice to aspiring venture capitalists 16:47 Elizabeth’s fundraising experience 20:57 Thoughts on sky high valuations for startups 22:09 Advice to startups coming into the bear market and what the market potentially holds 23:57 Vc that has had a major impact on Elizabeth's growth 25:44 Most significant encounter with failure and lessons learned 30:09 Elizabeths’s introduction into crypto and web3 32:19 The hustle verse/ crypto shift initiative 34:13 Downside to web3 35:42 Elizabeths’s reading list 37:49 What does being Afropolitan mean to you? The Afropolitan Podcast is hosted by Eche Emole, co-founder of Afropolitan. Listen and subscribe to the show on Apple Podcasts, Spotify, Jamit, or wherever you get your podcasts. Want to learn more about Afropolitan? Twitter - https://twitter.com/afropolitan Website - https://www.afropolitan.io/ Afropolitan Community - https://linktr.ee/afropolitangroup

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