Greylock | Solv CEO Heather Fernandez | Purpose into Action @GreylockVC | Uploaded July 2022 | Updated October 2024, 8 hours ago.
Solv CEO and co-founder Heather Fernandez talks with Greylock marketing partner Elisa Schreiber about a unique fundraising strategy Solv undertook to add more women investors to the company's cap table. In late 2021, Solv was wrapping up its Series C round when Fernandez was encouraged by longtime investor and friend Kara Norton (Upfront Ventures) to launch a special purpose vehicle (SPV) aimed solely at women investors. Within 10 days, the SPV raised $3.5M from 75 women investors, 60% of whom were women of color and a majority were first-time investors. Fernandez and Schreiber discuss the process and provide a playbook for other entrepreneurs.
You can read a transcript of this conversation here: greylock.com/greymatter/purpose-into-action
You can watch a video of the conversation here: youtu.be/1KemFU4_vGo
Learn more about your ad choices. Visit megaphone.fm/adchoices (https://megaphone.fm/adchoices)
Solv CEO and co-founder Heather Fernandez talks with Greylock marketing partner Elisa Schreiber about a unique fundraising strategy Solv undertook to add more women investors to the company's cap table. In late 2021, Solv was wrapping up its Series C round when Fernandez was encouraged by longtime investor and friend Kara Norton (Upfront Ventures) to launch a special purpose vehicle (SPV) aimed solely at women investors. Within 10 days, the SPV raised $3.5M from 75 women investors, 60% of whom were women of color and a majority were first-time investors. Fernandez and Schreiber discuss the process and provide a playbook for other entrepreneurs.
You can read a transcript of this conversation here: greylock.com/greymatter/purpose-into-action
You can watch a video of the conversation here: youtu.be/1KemFU4_vGo
Learn more about your ad choices. Visit megaphone.fm/adchoices (https://megaphone.fm/adchoices)
