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#242August 4, 20211:02:14

#206 with Brianne Kimmel - How Venture Capitalists Make Money

About This Episode

Solo capitalist Brianne Kimmel discusses her path from a marketing background to investing in multiple unicorns like Hopin and Pipe. The episode breaks down the economics of venture capital, the rise of specialized solo funds, and the evolving landscape of work and education.

Episode Description

In this episode Sam (@theSamParr) and Shaan (@ShaanVP) are joined by solo capitalist Brianne Kimmel (@briannekimmel). They talk about how Bri got started in investing, the pros and cons of her busy schedule, and discuss some of the unicorns she's invested in. They also discuss a cool use of deepfakes, how VCs make money, and whether or not college is worth the price of admission. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. ---------

Show Notes

  • * (1:00) Intro
  • * (2:25) The Shake Up - a new podcast on the HubSpot Podcast Network
  • * (6:52) GPT-3 and Anthony Bourdain
  • * (11:40) A cool use of deepfakes
  • * (13:31) Meet Brianne Kimmel
  • * (16:14) Bri's crazy schedule
  • * (21:39) How VCs make money
  • * (37:33) Hot spaces Bri sees
  • * (40:54) Is higher education worth it?
  • * (50:31) Winners Bri sees in her portfolio

Key Takeaways

1

Solo capitalists can generate significant personal wealth by managing smaller funds with 2-3% fees and 20% carry, avoiding the high overhead of traditional VC firms.

2

Non-dilutive financing platforms like Pipe are disrupting the startup ecosystem by allowing founders to trade recurring revenue for upfront capital without giving away equity.

3

Elite university networks provide a 'stamp' of credibility and a peer group that normalizes high achievement, making even high-debt degrees at top-20 schools a valuable asset.

Business Ideas Mentioned

Automated Deepfake Personal Video Outreach

AI & Automation

Employee Secondary Equity Fund

Acquisitions

Interest-Based Microschooling Platforms

SaaS

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Quick Stats

Duration1:02:14
Guests1
Ideas Discussed3
Topics4