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Amanda Groves (PLUS Capital) - The Power of Celebrity, The Most Unlikely Partnership, and Managing an Advisory Practice with a VC Fund

Amanda Groves (PLUS Capital) - The Power of Celebrity, The Most Unlikely Partnership, and Managing an Advisory Practice with a VC Fund

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands


Amanda Groves (PLUS Capital) - The Power of Celebrity, The Most Unlikely Partnership, and Managing an Advisory Practice with a VC Fund

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands

ratings:
Length:
34 minutes
Released:
Feb 9, 2021
Format:
Podcast episode

Description

Thank you Sita for the intro to our guest today, Amanda Groves, one of the partners at PLUS Capital. PLUS Capital is an advisement and venture fund trusted by elite artists and athletes to invest in and build transformative companies. We talk about how to think about analyzing true value from celebrities to brands, what a successful partnership could like it and the most surprising partnership on paper she's come across.The Consumer VC Summit: February 23-25Full Lineup and to purchase tickets:Summit.theconsumervc.comEnter CONSUMERVC at checkout for 20% offA couple books that inspired Amanda:Greenlights by Matthew McConaugheyBig Lies by Seth Stephens-DavidowitzHere are some of the questions I ask Amanda -What was your attraction to finance and technology?What led you to joining PLUS Capital?Talk to me about the ways you engage with celebrities?Talk to me about how you manage the fund vs. advisory practice. How do you think about making investments and manage LPs, that are family offices as well as celebrities?When a celebrity does decide to make a check and participate, are their certain activities or clauses the celebrity has to do in order to own up to receiving a larger stake in the company then what the check size is?Are there specific categories or types of companies that your celebrity clients tend to find interesting?Has there been any surprises when it comes to a partnership between a celebrity and company? i.e. company was very different to perceived interests from celebrity?We've seen more and more celebrities become founders and start their own businesses rather then just becoming endorsers. Does this affect your advisory position?How do you think about authenticity when a celebrity and a company collaborate?What's your due diligence process when find attractive opportunities?What are some current trends that you are focused on?What's one thing you would change about venture capital?What's one book that inspired you personally and one book that inspired you professionally?What's one piece of advice that you have for founders?
Released:
Feb 9, 2021
Format:
Podcast episode

Titles in the series (100)

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.