))
Navigating Pre-Seed Investing: A Conversation with Anabel Lippincott Paksoy
Manage episode 394106519 series 3517181
Content provided by DayOne.fm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by DayOne.fm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Summary
Anabel Lippincott Paksoy, partner at 43, discusses the importance of building communities and their role in early-stage investing.
She shares her experience creating the council, a female-first investing group, and emphasises the need for a deep understanding of founders and their motivations.
Anabel also highlights the value of professionalising angel investing and finding founders with a strong sense of purpose and followership.
She concludes by discussing her investment preferences, focusing on niche communities and founders with a deep understanding of unsexy problems.
About The Guest
Anabel Lippincott Paksoy is a partner at 43, a pre-seed fund based in the Bay Area. She is also a partner at The Council, a female-first investing group. Anabel has a background in people operations and has a passion for building communities and supporting early-stage founders.
Key Takeaways
- Building a community is about creating a space for like-minded individuals to connect and share deal flow.
- Investing in early-stage startups is a high-risk asset class and should not be undertaken unless one is aware of the risks and willing to lose the money.
- Angel investing can be treated as a learning budget, focusing on maximising learning and gaining experience rather than making immediate financial gains.
- When evaluating founders, looking for a deep, authentic “why” behind their venture and a strong sense of purpose is essential.
- The ability to pivot and adapt is crucial for founders, as it demonstrates a willingness to learn and iterate based on feedback and market conditions.
- Successful founders' ability to attract top talent and inspire followership is a crucial trait.
Quotes
- “I think the thing that I needed, and again, it’s interesting how trends have shifted, too. Even in 2018, five years ago, it was a little new for operators. These female operators were not already super independently wealthy, to think about deploying capital as independent investors into startups.” - Anabel Lippincott Paksoy.
- “I think the thing that I know that I look for in people is some kind of deep, deep, deep, deep why that they’re doing what they’re doing.” - Anabel Lippincott Paksoy.
- “I want to feel that conviction, and there’s no way to vet that. That’s where it gets super personal. I want to ask, could I fall in love with this founder, and I don’t mean romantically? I mean, would I go work for them?” - Anabel Lippincott Paksoy
Resources
Timestamps
0:00:00 - Introduction to the podcast and guest.
0:01:57 - Discussion about Anabel’s first investment.
0:05:04 - Conversation about nostalgia and fashion trends.
0:06:12 - Exploring the concept of building communities.
0:09:48 - Challenges and principles of community design.
0:10:30 - Constructing a community for sharing investment deals.
0:11:55 - Creating a learning platform through a consortium of investors.
0:13:14 - Frustration with lack of conversation about deals in the peer group.
0:15:15 - Directing new angel investors to be aware of high risk.
0:17:31 - Treating angel investing as a learning budget.
0:18:48 - Normalising lower entry prices for angel investing in Australia.
0:19:24 - Contributing to the founder’s
Mentioned in this episode:
FC Vanta Ad March 2025_02
FC Vanta Ad March 2025_02
Angel Academy - Best online angel investing course in Australia and New Zealand
Don't forget to check out the best online angel investing course in Australia and New Zealand, Angel Academy. It's fun, engaging, and packed full of insights from experienced investors to help you get started or level up your angel investing, visit www.venture.academy
February 2025 - Angels Academy
Perspective X Trailer
Perspective X Trailer
This podcast uses the following third-party services for analysis:
Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
Spotify Ad Analytics - https://www.spotify.com/us/legal/ad-analytics-privacy-policy/
44 episodes
Share
