Ep. 23 – Backstage Capital Partner and Chief of Staff Christie Pitts

Second in Command: The Chief Behind the Chief with Cameron Herold

Second in Command with Cameron Herold

Business, Management, Careers, Entrepreneurship

4.9 • 224 Ratings

🗓️ 31 August 2018

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Nowadays, race and gender discrimination is still prevailing in most countries. Such bias displays in different circumstances, funding per se. Less than 10% of all venture capital deals go to women, people of color, and LGBT founders. This is what fueled and launched Backstage Capital, a company who invests in startup founders who identify as […]

Transcript

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0:00.0	Welcome to Second and Command, brought to you by C.O. Alliance, where top-level COO
0:09.6	share the insights, tactics, and strategies that made them the chief behind the chief.
0:15.7	And now here's your host, Cameron Herald. Christie Pitts is a partner and Chief of Staff at Backstage, and Backstage Capital is a VC company that searches
0:35.7	out venture capital deals for groups that are funded less than 10% of the time.
0:41.1	These are represented or underrepresented groups
0:44.0	are companies where the founders are either women, people of color, or members of the
0:47.9	LGBT community. In 2015, backstage capital set the audacious goal to invest in 100 high quality startups
0:56.3	led by underrepresented founders by 2020.
0:59.6	They reached that goal a year and a half early funding 100 companies.
1:04.8	Christie has extensive experience creating valuable partnerships between
1:08.0	startups and Fortune 500 top 20 corporations and joins backstage from her role as a venture development manager at Verizon Ventures.
1:16.0	I also first heard of backstage capital, I guess I heard of them about a year or so ago, but then heard their
1:22.3	founder or co-founder Arlen who is the CEO
1:25.3	on a podcast called startup bus recently so I was really excited to be able to bring
1:29.4	Christi on the show so Christi welcome to the Second in Command podcast.
1:32.0	Thank you so much I'm so glad to be here.
1:34.0	Yeah, really looking forward to hearing kind of the rest of the story.
1:37.0	I like hearing the ideas and the stories from the Chief Behind the Chief.
1:40.0	So maybe tell us how you got involved with
1:44.4	Arlen and how you got involved with backstage and what was it that you attracted
1:48.4	you to, I guess, their mission into the business?
1:50.4	Sure. I guess we do have some time together, so I'll keep a long story medium.
	...

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