Listen now | Elizabeth Yin is Co-Founder & General Partner at Hustle Fund, a pre-seed focused firm based in the Bay Area. Appropriately named, Elizabeth and her team truly epitomize the word hustle. She and her co-founder Eric raised $11.5MM Hustle Fund I in the fall of 2018 and more recently started investing out of a larger Fund II. The firm has a unique investment model that starts by investing $25K in each startups, and then by working closely with their entrepreneurs looks to upsize their commitments into select portfolio companies.
Samir, love the concept. For a second, I thought i was hearing myself speak. The similarities between their first fund journey and ours are errie, even some of the numbers are similar. Will be looking forward to the next installment
Samir loved this initiative on capturing the journey of emerging fund managers. There are so many hard realities of emerging fund managers. Thanks for capturing and sharing via this podcast.
Great work, Samir. Almost all emerging fund managers go thru the same experience unless they have rich fathers. However, from the thesis and fund economics prospective, Hustle Fund did not add up for me. Please don't take me wrong; they are doing a great job building the brand, and I love Elizabeth's work on social media and the camps she is doing. However, I think $25k for pre-seed ++ lots of camps and mentorship work is a spray and pray. And you know it very well that you won't see good returns if you plug this into excel.