Venture Capitalist Miriam Rivera Is Betting On Longshots — And Finding Unicorns
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Forbes
4.8 • 6 Ratings
🗓️ 15 August 2024
⏱️ 29 minutes
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| 0:00.0 | Myriam Ravera, you are the co-founder and managing director ofulu Ventures, an early stage |
| 0:15.8 | investment firm. You are one of the faces of this year's 50 over 50 investment list. |
| 0:21.8 | Thank you so much for joining us. Thank you for having me. |
| 0:25.0 | I was asking you before we started rolling what your greatest over 50 accomplishment is and you |
| 0:31.0 | say it's the company that you're running now. |
| 0:33.7 | Tell us about it. |
| 0:35.0 | Hulu Ventures is a seed stage venture capital |
| 0:37.7 | firm located in Palo Alto, California. |
| 0:40.2 | We started fundraising from outside investors after I turned 50. |
| 0:46.0 | So why is it your greatest over 50 accomplishment? |
| 0:49.0 | Because it's really allowed me to give other people opportunities that have just been extraordinary |
| 0:56.2 | for myself and that I wanted to give back to younger people, diverse people. It's been a fabulous way to do that. |
| 1:05.8 | Now you frame it as giving back, but you are looking for profits, you are looking for returns, |
| 1:10.8 | and in fact in your portfolio there are 10 unicorns which is not the greatest |
| 1:16.9 | number compared to Sequoia but that's a pretty large number for a firm of your size. |
| 1:21.9 | How did you do that? |
| 1:23.5 | We did that by identifying talented people |
| 1:26.6 | who were really trying to pursue really big markets. |
| 1:30.2 | And also many of them want to do something that supports a positive social end and we think that there's just great opportunities for them. |
| 1:39.0 | We also looked particularly for teams that had diverse members |
| 1:43.7 | because there's a lot of data that showed in public companies |
| 1:46.6 | diverse board members could actually |
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