Keynote w/Ann Miura-Ko and Iris Choi

TL;DR

Floodgate focuses on smart, intentional growth in venture capital investments, led by a unique follow-on investment strategy.

Transcript

so so last year I had the chance to speak about what we called smart growth within floodgate and the idea behind smart growth was that not all growth is equal VCS have a responsibility to really recognize that and encourage what we call smart or intelligent growth and we put into practice within floodgate a lot of practices that encourage that beha... Read More

Key Insights

• 📱 Floodgate prioritizes smart, intentional growth to maximize investment returns.
• ❓ Iris, with an Investment Banking background, brings valuable insights to Floodgate's investment strategy.
• 💄 The firm's unique approach to follow-on investments separates decision-making processes for better outcomes.
• ❓ Floodgate's focus on strategic growth includes funding, talent, product, and growth roadmaps.
• 👻 The firm's flexible approach to investment stages allows for tailored support to portfolio companies.
• 🍉 Floodgate's emphasis on partnership selection and milestone planning drives long-term success for portfolio companies.
• ⚖️ The firm's strategy balances ambition with acceptance of the challenges in managing follow-on investments.

Questions & Answers

Q: What is Floodgate's approach to growth in venture capital investments?

Floodgate focuses on smart, intentional growth, recognizing the variations in growth quality and the need for behavior change to support a $130 million fund successfully.

Q: How does Iris' background in Investment Banking contribute to Floodgate's investment strategy?

Iris's experience in Investment Banking gives her insights into companies at different growth stages and helps Floodgate assess potential exit paths, ensuring investment returns for the firm's Limited Partners.

Q: Why did Floodgate separate the decision-making process for first-check investments and follow-on investments?

Floodgate aimed to balance the emotional attachment to first-check investments with a rational approach to follow-on investments, ensuring the maximum value and impact of each dollar deployed.

Q: How does Floodgate support its portfolio companies in fundraising and growth?

Floodgate helps companies create a funding roadmap, focusing on intentional fundraising, milestone achievement, and partnership selection to support long-term growth and success.

Summary & Key Takeaways

• Floodgate emphasizes smart growth, recognizing not all growth is equal.

• The firm raised a $130 million fund, prompting the need for behavior change to ensure success.

• Iris, with an Investment Banking background, oversees follow-on investments, aiding in strategic growth.