Lindsay Lee of Authentic Ventures on operationalizing networks & creating an edge through diversity rich networks- Venture Unlocked 025

Published: March 9, 2021, 3:58 p.m.

b'

Our guest today is Lindsay Lee, managing member of Authentic Ventures. Lindsay has over 20 years of investing experience in technology.

Prior to starting Authentic, he served as CIO for an investment management firm to which he helped grow to almost $1B in assets and also managed a family office where he focused on seed and early-stage investments. He brings a unique combination of operating experience, public market investing experience, and early stage investing experience.

Authentic Ventures was founded in 2015 and focuses on Seed and Early-stage companies.

One of their core differentiators is the \\u201cAuthentic Network\\u201d which is a managed community of like-minded entrepreneurs, founders, investors and growth hackers. Indexed heavily toward diversity, the network is operationalized and focused on helping portfolio companies solve the most meaningful issues.

Today\'s Venture Unlocked is brought to you by\\xa0Aduro Advisors.

Aduro Advisors is the premier fund administrator for venture capital and private equity firms. Led by a team of industry veterans and powered by proprietary software, FundPanel.io, Aduro pairs best-in-class service with the robust and flexible technology that the industry demands.

From emerging managers just starting out to seasoned firms looking to supplement an internal team, Aduro\\u2019s back-office solution rises to the challenge of supporting your firm\\u2019s specific needs.

Listeners of Venture Unlocked receive the first quarter of management company services free with promo code UNLOCKED.

To redeem, email dev@aduroadvisors.com.

In this episode we discuss the following topics:

02:09\\xa0\\xa0\\xa0 After so many different experiences, why focus on seed investing?

03:23\\xa0\\xa0\\xa0 How public market investing skills can translate to privates

06:50\\xa0\\xa0\\xa0 The inspiration behind Authentic

11:57\\xa0\\xa0\\xa0 What the Authentic Network, and how to operationalize it.

16:39\\xa0\\xa0\\xa0 Their focus on indexing their network heavily toward women and People of Color.

18:14\\xa0\\xa0\\xa0 Portfolio construction methodology

27:03\\xa0\\xa0\\xa0 Differences between investing at various stages of investments

30:37\\xa0\\xa0\\xa0 The markers LPs look for between fund I and fund II

33:46\\xa0\\xa0\\xa0 Lindsay\\u2019s biggest career mistake

35:20\\xa0\\xa0\\xa0 The investors he admires

37:00\\xa0\\xa0\\xa0 His best piece of advice to new managers

Mentioned In This Episode:Authentic Ventures

I\\u2019d love to know what you took away from this conversation with Lindsay. Follow me @SamirKaji and give me your insights and questions with the hashtag #ventureunlocked. If you\\u2019d like to be considered as a guest or have someone you\\u2019d like to hear from (GP or LP), drop me a direct message on Twitter.

Podcast Production support provided by Agent Bee Agency



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit ventureunlocked.substack.com'