Jessica Karr_E42: New Legends of Venture [3/15/2022]
Jessica Karr, GP at Coyote Ventures in San Francisco [3/15/2022]
https://anchor.fm/posi2ive/episodes/Jessica-Karr_E42-New-Legends-of-Venture-3152022-e1fp02h
Note: References with links are listed at the end of the show notes.
INTRO:
1:00 Shares time in SF at Impossible Foods, and getting a Masters in BioChem. She was the 12th employee in R&D. Grew up in West Texas. Talks about her love of startups at 0-to-1. Did her MBA at Presidio Graduate School. Shares experience in consulting in Brazil and Singapore — in FoodTech.
SECTION1: The Bio-Chemist
6:00 Shares background in moving toward Bio-Chemistry from her initial passion for medicine. Talks about a college class, that sparked an interest in the field. She also double majored in Philosophy in college — and likes to apply this knowledge on how things work.
11:00 Shares transition to research at Berkeley, and learning about flavors in wine and food. Entered a PhD program in San Diego. Discusses research in flavor / fat / proteins/ taste at Impossible Foods. Explains the difference between taste and aroma as flavor. Shares more about flavor compound research. Talks about 600+ flavor compounds in meat alone.
SECTION2: Women’s Health
22:00 Shares the process of transitioning toward Women’s Health. And an experience working in a dozen or so Foodtech startups. She started collaborating with IndieBio and seeing some deals in the space. Shares how Women’s Health and Femtech intersect. Talks about working with Adrien Grenier’s fund UMANA.
25:00 Jessica shares about using Women’s Health as a more inclusive term over the term Femtech. Talks about Sexual Wellness, as a crossover category. Femtech has reached $50B, and their own research on Women’s Health is closer to a $1T+ market. We talk about ethics and advancements in Women’s Health, and how the fund looks at opportunities in medical side of the market — using the example of gap in data.
SECTION3: Coyote Ventures
35:00 Talks about the origins of the name for the fund. Dove into a philosophy, the stories about Coyote’s and their story in culture. Shares vision around the fund, centered around blue ocean opportunities. Shares stories around unicorns in the industry, and large funds entering the space.
41:00 Talks about Wile — with hormonal products for women 40+, with a natural line, partnering with Grove Collaborative. Also shares more about Maude, second investment out of fund.
SOURCES:
-Coyote Ventures: https://www.coyote.ventures/
-FemTech Landscape 2021 (Whitepaper): https://www.coyote.ventures/_files/ugd/e768ef_ea188df766ed445db2c3f02b47014c60.pdf
-Rachel Carson (Silent Spring): http://www.rachelcarson.org/SilentSpring.aspx
-UMANA fund: https://umana.family/about
-Biased (book): https://www.amazon.com/Biased-Uncovering-Hidden-Prejudice-Shapes-ebook/dp/B07DH89ZDY
-Women Who Run with the Wolves: https://www.amazon.com/Women-Who-Run-Wolves-Archetype-ebook/dp/B01N7YOGAD
-New Idea from Dead Economists: https://www.amazon.com/New-Ideas-Dead-Economists-Introduction/dp/0452288444
-How Adam Smith can Change Your Life: https://www.amazon.com/Adam-Smith-Change-Your-Life/dp/1591847958
-What Could Be Saved: https://www.amazon.com/What-Could-Be-Saved-Novel/dp/1982150610
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Song Credit: The Croft — By Joakim Karud
[ No Copyright on Music and Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 ]
