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No Limits with Rebecca Jarvis

#97: Venture Capitalist, Annie Lamont: How to Get Funding for Your Company

No Limits with Rebecca Jarvis

ABC News

Business, Careers

4.7703 Ratings

🗓️ 14 August 2018

⏱️ 35 minutes

🧾️ Download transcript

Summary

Annie Lamont has over 30 years in the venture capital industry under her belt, and now works as the Co-Founder and Managing Partner of Oak HC/FT managing over $1 billion in assets. The Stanford grad realized her passion for working in the VC world early on in her career and has become a renowned healthcare and FinTech investor working with companies like VillageMD, Poynt, and Precision Medicine Group. On this episode, Annie opens up about working with Steve Jobs in her early 20s, how to break in the venture capital industry, when companies should pursue VC firms for funding, and the biggest mistake companies make when asking for money. Congratulations to our No Limits Entrepreneur of the Week: Olivia Landau, Founder & CEO of The Clear Cut Find out more: http://www.theclearcut.co/ Want to be a featured NLEOTW? Know someone who should? Send your nominations to [email protected] Don’t forget to subscribe and leave us a review! It’s easy! Click here: http://bit.ly/2ks4f90 ABOUT REBECCA JARVIS: Rebecca Jarvis is an Emmy Award-winning journalist and the Chief Biz, Tech and Econ correspondent for ABC News. Follow Rebecca Jarvis: www.Instagram.com/RebeccaJarvis www.Twitter.com/RebeccaJarvis www.Facebook.com/RebeccaJarvis https://www.linkedin.com/in/rebecca-jarvis-217ba052/ Snapchat: RebeccaJarvis Learn more about your ad choices. Visit

Transcript

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0:00.0

I was carrying Steve Jobs bags on the Apple IPO Road Show.

0:05.6

It was amazing.

0:06.5

It was amazing because he's such a phenomenal entrepreneur and such a life force that I think it was transformative for me to see somebody who was so young, only a year older than I was, who had such conviction.

0:18.3

And it got me incredibly excited about working with entrepreneurs.

0:23.7

From ABC, it's no limits. I'm Rebecca Jarvis and each week we're talking to the most bold

0:30.5

and influential women playing at the top of their game, trying to demystify success and what

0:36.4

it really takes to get there and all the tradeoffs.

0:40.4

Whether you're looking for answers or you just want to hear a good story, you're in the right

0:45.6

place.

0:46.8

On today's episode, we're talking with a veteran from the world of venture capital, Annie Lamont.

0:53.1

She has more than 30 years of experience in the

0:55.2

industry. She's currently the co-founder and managing partner of Oak HCFT, which is a VC firm that

1:02.5

manages more than a billion dollars in assets. So often here on No Limits, we hear from

1:07.6

entrepreneurs about funding and how they got the money.

1:12.1

So I thought, let's bring in someone from the other side to hear it from their perspective.

1:17.6

You're about to hear how you can break into the VC world, when to pursue those VC funds,

1:23.5

they're not right for every company, and some of the biggest mistakes that founders make when pitching their companies.

1:29.6

Here's Annie Lamont.

1:31.5

Annie Lamont, welcome to No Limits.

1:33.9

Thanks, Rebecca.

1:34.6

Great to be here.

1:35.5

I'm so happy to have you here with us because we talk so much to founders about raising money and what that's like, raising venture capital.

...

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