Tank Talks By Ripple Ventures

Tank Talk: Lo Toney (Founding Managing Partner @ Plexo Capital) - How Emerging Managers Can Balance Long-term Success Versus Short-term Gains in Venture


Listen Later

On today’s Tank Talk! We welcome our guest Lo Toney, Founding Managing Partner @ Plexo Capital.

On today's Talk, we ask Lo about his operator journey starting out in product & marketing leadership roles at firms like Nike, eBay & Zynga and the lessons he learned around empathy and compassion. Next, we ask Lo about his transition to venture capital with his first job at Comcast ventures where he worked on the catalyst fund as part of their minority-oriented venture program.

Moving on, we dig into Lo’s time as a Partner at Google Ventures where he focused on marketplaces, media, gaming & enterprise investments and the lessons he learned about portfolio construction. We ask Lo about how he came up with the idea for Plexo Capital while still at GV and how his mission evolved until the time he spun it out. Next we ask Lo for his thoughts on how emerging fund managers can balance long-term success vs short term gains in venture capital.

We get Lo to share his thoughts on seed funds who lead rounds vs angel funds who follow-on and how funds can demonstrate their internal processes and value-add skill sets beyond just quantifiable metrics when pitching institutional LPs.

Finally, we ask Lo how emerging managers can stand out from the pack when they are still in the early days of building a fund and what firms like Plexo Capital look for beyond mark-ups.

This Tank Talk really makes you appreciate the passion and commitment Lo has applied to his life's work at Plexo Capital in helping under-represented entrepreneurs and fund managers navigate the complicated and often unfair world of venture capital.

Books Mentioned In The Show:

Why should white guys have all the fun?

Lo’s words of inspiration - “persistence overcomes resistance”

Follow Matt Cohen and Tank Talks here!



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com
...more
View all episodesView all episodes
Download on the App Store

Tank Talks By Ripple VenturesBy Ripple Ventures

  • 5
  • 5
  • 5
  • 5
  • 5

5

17 ratings


More shows like Tank Talks By Ripple Ventures

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,266 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,000 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

508 Listeners

The Knowledge Project with Shane Parrish by Shane Parrish

The Knowledge Project with Shane Parrish

2,653 Listeners

Founders by David Senra

Founders

1,846 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,293 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

790 Listeners

My First Million by Hubspot Media

My First Million

2,609 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,238 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,768 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

398 Listeners

Honestly with Bari Weiss by The Free Press

Honestly with Bari Weiss

8,498 Listeners

The Morgan Housel Podcast by Morgan Housel

The Morgan Housel Podcast

1,016 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

432 Listeners

In the Money with Amber Kanwar by Amber Kanwar

In the Money with Amber Kanwar

3 Listeners