EVCA Newsletter | August Edition - Tons of Jobs, Events, and VC News
From the latest data on VC activity, it seems safe to assume that we—as the emerging generation of VCs—have been keeping rather busy. The second quarter of 2021 was the most active quarter for venture capital activity in history, measured by total dollars invested. While the number of deals relaxed from the first quarter, there’s never been a busier time for VCs. There are of course secondary impacts with this flurry of activity: rounds have been getting larger; valuations are inching higher; and a record number of startups crossed the chasm into unicorn status. While it’s unclear how things will ultimately shake out, today the environment for raising capital for startups and, by extension, for being a VC has never been better.
And with that bit of introductory fanfare, welcome back to the August edition of the EVCA newsletter!
EVCA Spotlight: As Former Managing Director of Qualcomm Ventures, He Led Early Investments in Zoom, Ring, Noom, and Cruise. Meet Patrick Eggen, Founding General Partner at Counterpart Ventures.
We had the chance to interview Patrick Eggen, who is Founding General Partner at Counterpart Ventures, a lifecycle VC fund that invests in Series-A B2B SaaS, mobility and marketplace technologies that target nontrivial problems or fill missing gaps in large markets. Patrick shares with us his origins story—from rising the ranks from associate to leading Qualcomm Ventures North America as Managing Director and ultimately starting his own fund, Counterpart Ventures. Through his story, Patrick shares his lessons on life and career.
Featured Investors
This month we highlight Kaitlyn Henry of OpenView Partners and Kai Cash of Primary Venture Partners as our featured investors of the EVCA community.
Kaitlyn Henry is a Vice President at OpenView Partners, where she focuses on infrastructure, security, developer tools, and data at the Series A and B stages. She also leads OpenView’s diversity, equity, and inclusion initiatives. She brings a history of partnering with technical teams and founders to the role, most recently as a senior financial analyst on Amazon’s machine learning team, and before that as the founding operations leader at an AgTech startup in Central California.
Kai Cash is an Analyst at Primary Venture Partners and is a native of The Bronx. Kai focuses on investing in enterprise technology across all industries. Most recently, he was a Financial Rotational Program Analyst at Microsoft, where he aided in maintaining financial models related to Microsoft’s carbon tax revenues, carbon offset portfolio, and venture capital arm (M12). As a lover of Latin dancing, Kai spends his free time learning every form of Latino and Afro-Latino dance, from Colombian and Cuban Salsa to Angolan Kizomba.
EVCA Leadership Spotlight: Proptech Vertical Lead, Dave Mullen of Silicon Valley Bank Capital
This EVCA Leadership Spotlight Series is intended to help the broader community get to know what's going on behind the scenes at the EVCA, as well as highlight the valuable contributions of the roughly 50 individuals across the venture capital industry who make the EVCA possible.
Dave Mullen is an investor at SVB Capital where he covers FinTech, PropTech, and InsurTech for the platform’s direct investing strategy, a continuation of his work within financial services organizations his entire career. Previously, Dave was an investor at Wells Fargo Strategic Capital, the principal investment arm of Wells Fargo where he focused on venture growth investments in the technology sector. Dave started his career with J.P. Morgan in the Leveraged Finance division of the Investment Bank where he was responsible for raising debt capital for both sponsor buyout and M&A transactions. Dave earned an MBA from the University of Chicago Booth School of Business with concentrations in Economics, Analytic Finance, and Entrepreneurship and has a B.B.A. in Finance from the University of Georgia. Dave is also an active mentor and former programming board member of StartOut as well as an active advisor in the startup community.
What We’re Reading
The Modern Milk Man Sits in the Dark: demanding more from on-demand delivery - Stuti Pandey of Maniv Mobility, discusses the emergence of Quick Commerce (Getir, GoPuff, Gorillas, etc.), and the potential obsolescence of On-Demand Delivery
Why It’s Incredibly Rare for Companies Led and Founded by Women to IPO - Leslie Feinzaig of Female Founders Alliance, tackles the issue of underrepresentation of Women leading and founding companies to IPO
Startups and Venture Capital in Latin America 2021 - Bret Waters of Miller Center for Social Entrepreneurship and Stanford, discusses some of the deals and trends occurring in Latin America
What’s Next in Identity and Access Management - Eliza Loring of .406 Ventures and Kaitlyn Henry of OpenView, analyze trends and problem areas within the identify and access management area of enterprise SaaS
Events
Women of Color and Capital Investment Summit | August 14 | Hosted by Women of Color and Capital
The Restaurant Tech Summit | August 17 | Hosted by The Spoon
Security and sustainability through emerging tech | August 18 | Hosted by Pitchbook
VC Panel - Esports & SportsTech | August 18 | Hosted by KiwiTech
Effective Public Policy Communications & Strategies to Advance DEI for the Startup Ecosystem | August 25 | Hosted by NVCA
Fintech Venture Fair | August 26 | Hosted by KiwiTech
Jobs
Venture Fellow Role in New York City, NY or Remote at Town Hall Ventures
Head of Talent Role in San Francisco, CA; Los Angeles, CA; New York City, NY; or remote at Expa
Analyst Role in various locations at NextGen Venture Partners
Portfolio Operations Manager Role in Bay Area, CA at Scrum Ventures
Growth Equity Associate Role in San Francisco, CA and London at Generation. If interested, send your resume to Pamela Golding at pamela.golding@truesearch.com (for SF) and generation@keaconsultants.com (for London)
Investment Associate Role in New York City, NY at Fin Venture Capital
Head of Financial Analysis Role in San Francisco, CA at Thomvest Ventures
Senior Associate / Principal Role in San Francisco, CA at BMW i Ventures. To apply, send cover and resume to recruiting@bmwiventures.com
Analyst Role in San Francisco, CA or Las Vegas, NV at 137 Ventures. If interested, send your resume and a brief note describing your interest in the position to work@137ventures.com with “137 Ventures Analyst” as the subject line
Connect with us: EVCA, Sam, Adam, and Isaac
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