In a changed VC landscape, this exec is doubling down on overlooked founders
Summary
Stacy Brown-Philpot leads Cherryrock Capital, embracing a nostalgic approach to venture capital amidst Silicon Valley's focus on mega-rounds and AI deals. This strategy highlights a return to foundational investment principles in a rapidly evolving tech landscape.
Key Insights
What is Cherryrock Capital and who founded it?
Cherryrock Capital is the first Black woman-founded, multi-hundred-million-dollar venture capital firm, led by Stacy Brown-Philpot as founder and managing partner, focusing on Series A and B investments in software companies led by underinvested Black and Latine entrepreneurs.
What does 'overlooked founders' or 'underinvested entrepreneurs' refer to in Cherryrock Capital's strategy?
Overlooked founders refer to underinvested entrepreneurs, primarily Black, Latine, and Native American founders, who face gaps in access to capital, operational expertise, and networks compared to traditional Silicon Valley founders.