After experiencing successful exits and gaining a track record, Marty was drawn to the excitement of Silicon Valley and the potential to support groundbreaking startups.
The fund looks for unique pitches and startups that think differently, prioritizing creativity and a clear path to achieving significant growth milestones.
Embracing the power law, the fund acknowledges that a significant portion of investments may fail, but focuses on finding the few that will provide outsized returns.
Marty emphasizes the importance of being at the right place at the right time and the value of building something truly impactful and innovative.
Startups should focus on presenting unique and creative ideas that have not been pitched before, demonstrating a clear understanding of the path to growth and scalability.
After experiencing successful exits and gaining a track record, Marty was drawn to the excitement of Silicon Valley and the potential to support groundbreaking startups.
The fund looks for unique pitches and startups that think differently, prioritizing creativity and a clear path to achieving significant growth milestones.
Embracing the power law, the fund acknowledges that a significant portion of investments may fail, but focuses on finding the few that will provide outsized returns.
Marty emphasizes the importance of being at the right place at the right time and the value of building something truly impactful and innovative.
Startups should focus on presenting unique and creative ideas that have not been pitched before, demonstrating a clear understanding of the path to growth and scalability.
Company Stats:
- Fund Size: $10 million
- Founded: 2019
- Limited Partners (LPs): 150 seasoned operators and angel investors
Episode Highlights:
- ✅ Marty Ringlein transitions from successful entrepreneur to venture capitalist, managing a $10 million fund investing in disruptors like SpaceX and Stripe.
- ✅ Emphasizes community within the fund, boasting 150 LPs who are experienced operators from companies like LinkedIn and Shopify.
- ✅ Shares insights on venture investing, focusing on finding startups that offer unique pitches and can disrupt their sectors.
Episode Summary:
Marty Ringlein, a general partner at the Adventure Fund, details his journey from being a designer to becoming a venture capitalist with significant exits, including a sale to Twitter and an acquisition by Eventbrite. The Adventure Fund, established in 2019, aims to invest in early-stage founders and late-stage disruptors across various industries. Marty highlights the importance of community within the fund, involving 150 seasoned operators and angel investors as LPs. The episode delves into Marty's investment philosophy, emphasizing the search for startups that present unique and creative ideas. With a keen eye on the future of technology and business, Marty discusses the challenges and excitement of identifying and supporting the next wave of disruptive innovations.
Chapters:
00:00 Intro
00:14 Company Stats
00:55 Venture Investing
01:47 The Twitter Acquisition
02:34 Working with Apple
06:29 The Eventbrite Acquisition
09:56 Startups Investment Philosophy
13:57 How to Connect with Marty
Learn More About the Adventure Fund:
https://twitter.com/adventure_fund/
https://www.linkedin.com/company/adventurefund/
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