What VCs ACTUALLY mean with Ann Miura-Ko, Founding Partner at Floodgate
"So it used to be "sell 50% of your company for 5 million dollars", and all of a sudden people didn't need that much money
Ann Miura-Ko, Founding Partner at Floodgate joins the show to talk about
Ann Miura-Ko is a co-founding Partner at Floodgate. A repeat member of the Forbes Midas List and the New York Times Top 20 Venture Capitalists Worldwide, Ann was also named the “Most Powerful Woman in Startups” by Forbes.
Ann is well-known in Silicon Valley as a pioneer investor in highly technical companies because of her background as a PhD in math modeling of infosec at Stanford. Her deep interest in technology began as a child – her father was a NASA rocket scientist – and her expertise developed as an undergraduate at Yale, where she participated in the Robocup Competition in Paris, France. Ann has also made significant investments in consumer (commerce, curation), marketplaces, and software for SMBs and solopreneurs. Some of Ann’s investments include Lyft (where she is still a board member), Xamarin, Monthly, Popshop, Emotive, and Refinery29.
Ann is also a lecturer in entrepreneurship at Stanford, a co-director of the Mayfield Fellows Program at Stanford, a member of the Board of Trustees for Yale University and a co-founding member of All Raise, a nonprofit committed to improving diversity in funders and founders. Prior to Floodgate, Ann worked at Charles River Ventures and McKinsey and Company. She lives in the Bay Area with her husband and three energetic kids.
Every "or" or "and" you have in your statement decreases your value proposition by half. Get more streamlined on your value proposition and the customer your support.
"We had sort of a sketch and I mean that literally, like we had a floor plan with tape on it, in this building in Brooklyn. And we showed it on Craigslist and we pretty much sold out that first floor when it was just tape on the floor."
The most rewarding thing about the IPO and success of NerdWallet was the people we were able to bring along on the journey