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 “Authentic Network” 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 Aduro 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’s back-office solution rises to the challenge of supporting your firm’s specific needs.Listeners of Venture Unlocked receive the first quarter of management company services free with promo code UNLOCKED.To redeem, email [email protected] this episode we discuss the following topics:02:09 After so many different experiences, why focus on seed investing?03:23 How public market investing skills can translate to privates06:50 The inspiration behind Authentic11:57 What the Authentic Network, and how to operationalize it.16:39 Their focus on indexing their network heavily toward women and People of Color. 18:14 Portfolio construction methodology27:03 Differences between investing at various stages of investments30:37 The markers LPs look for between fund I and fund II33:46 Lindsay’s biggest career mistake35:20 The investors he admires37:00 His best piece of advice to new managersMentioned In This Episode:Authentic VenturesI’d 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’d like to be considered as a guest or have someone you’d 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

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.