It’s no secret that COVID-19 has had a massive impact on the fitness industry. Even before the pandemic hit, the fitness space was undergoing a digital transformation with exciting innovations in nearly every facet of the exercise experience — weight training, group classes, in-home gadgets, wearables…you name it. When quarantine suddenly cut off the use of shared physical workout spaces and limited in-person contact, that industry disruption leapt into hyperdrive.
As the direct-to-consumer movement has demonstrated, magical things can happen at the intersection of consumer goods and technology, and ManiMe is a clear manifestation of that magic in the beauty space.
I was honored to represent the multifaceted perspectives of the Venture Capital industry and startup ecosystem at the U.S. Senate Subcommittee hearing on Antitrust, Competition Policy, and Consumer Rights in Washington, D.C in my capacity as a National Venture Capital Association (NVCA) Board Member. This topic is obviously of critical importance not only to the health of the tech ecosystem but also to the health of our broader economy. It’s my hope that whatever actions regulators take will enable founders to retain the incentives they need to pursue their entrepreneurial dreams. …
Serial entrepreneur and co-founder of the fantasy sports giant FanDuel, Lesley Eccles is on a mission to help us have the best relationships possible.
Building the Real Estate brokerage of the future
If you’ve ever bought or sold a home, you know that working with the right agent can make all the difference in the world. While in recent years, many new models have emerged for buying and selling homes, ranging from instant offers to rent-to-own, each targeting specific consumer segments and needs, we believe that traditional independent agents will continue to play a central role for a majority of home buyers and sellers.
Less than two years ago, as we announced Turo’s Series C financing, I wrote that Turo’s peer-to-peer car sharing platform was shifting into high gear. Back then, Turo was just hitting a key inflection point that is critical for the growth of sharing economy firms, when power users realize the potential of a platform to enable their entrepreneurial dreams. It’s comparable to early eBay power sellers and Airbnb renters first realizing the potential to build real business on those platforms and as a part of those communities.
Today, Turo shifts into high gear with a new brand and a $47M Series C round to expand its peer-to-peer car sharing platform internationally. It’s an exciting milestone for the company formerly known as RelayRides, and one that positions it to leave U.S. competitors in the dust as it undergoes the next stage in its evolution into a category-defining global marketplace. Two-sided marketplaces typically start with casual owners/sellers interested in making some money on the side, but hit an exciting inflection point as power sellers begin to recognize the economic opportunity to scaling up their activities into bona fide small…
Today thredUP announced an exciting milestone: an $81 million growth financing led by Goldman Sachs. Trinity led thredUP’s Series A financing 5 years ago, and we wanted to take this moment to congratulate the team and reflect on the company’s journey to this point. Startups often begin their lives like fuzzy pictures where you can make out some of the major features, such as the founders, market size, and customer pain point, but where there is blurriness around how the business will actually work; over time, with perseverance and hard work, the startup’s “picture” comes into sharper focus. …
VC @TrinityVentures, @NVCA board member, @Stanford lecturer, mother of 3