How to launch your own VC fund & shake up the old boys networks!

The StartUp to ScaleUp Game Plan

Matt Penneycard is co-Founder at Ada Ventures, a $34m London-based venture capital fund investing in overlooked founders. Ada Ventures launched in December 2019 to shake up the “old boys networks” & unconscious biases that dominate the VC world

With humility & candour, Matt describes:

• Ada's desire to invest in founders who are consumed by the need to effect change and create massive ROI
• How true early stage VC investing in the UK trails other markets especially the US
• The lack funding for under-served markets e.g. female-led companies
• The challenges of raising and running your 1st VC fund
• How Ada drives dealflow through a unique network of scouts – these are leaders of diverse tech/startup communities who source deals & receive differentiated incentives

At the end of the podcast Matt proposed Ada Ventures as anchor investor in "Headhunter Ventures" if Gary were to launch his own VC fund;)

For more insights into Ada Ventures check out https://www.adaventures.com & https://medium.com/ada-ventures

And for guidance on hiring leadership talent for startups & scaleups head over to https://alpinasearch.com