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At our 2024 Rogue Women event earlier this spring, Yao Huang, founder of The Hatchery, moderated a panel discussion with venture capitalists. The panel included Caroline Lewis, Managing Partner of Rogue Women's Fund; Sydney Paige Thomas, Founder and General Partner of Symphonic Capital; and McKeever "Mac" Conwell II, Managing Partner of RareBreed Ventures. Understand the strategies that enabled these venture capitalists to invest in the overlooked and the results they've realized: a thriving portfolio.
In this special replay episode McKeever “Mac” Conwell II of RareBreed Ventures joins Nick to discuss Raising a Fund via General Solicitation & Twitter, How Rolling Funds Can Disadvantage LPs, and Facing the Reality of Diversity in VC. In this episode, we cover: Walk us through your background and path to VC What's the thesis at RareBreed Ventures? Why did you start RareBreed Ventures? Tell me about the fundraise… when did you first kickoff and then start getting momentum? Have you gotten better at raising over time? What have you improved most? What resonates w/ LPs, what do you get pushback on? What's been the biggest surprise in the process so far? Optimistic, pessimistic or neutral on diversity in VC over the next decade? Twitter — blowing up, what's working so well? Rolling fund vs. not… why? Thoughts on thesis and portfolio construction… What's the ideal fund size for your stage and strategy? Founders… biggest mistake you see early stage founders make Gives us a snapshot of Rarebreed in 3 years… how about 7 years? Guest Links: RareBreed Ventures Mac's Twitter The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area. Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter. Are you a founder looking for your next investor? Visit our free tool VC-Rank and we'll send a list of potential investors right to your inbox!
In honor of Memorial Day The Tech Jawn crew did not record a new episode so we are hitting you with a recent episode from the archives. In episode 74 we were joined by the founder and managing partner of RareBreed Ventures, Mac Conwell. We talked about the run on and ultimate failure of Silicon Valley bank, what actually happened, and how bad it could have been if the government didn't step in.We also talked about the ICAN Act, why Mac was called to testify in front of Congress about it, and how modifying the stipulations for what it takes to be a venture capitalist could be good for founders of color.And lastly, we talked about Mac's journey to becoming a VC and why he focuses on business outside of Massachusetts, New York, and California.This was a fun one, so, strap in.Link to Show Notes Hosted on Acast. See acast.com/privacy for more information.
This week on The Tech Jawn we are joined by special guest Mac Conwell, founder and managing partner of RareBreed Ventures. He hangs out with us to talk about the run on and ultimate failure of Silicon Valley bank, what actually happened, and how bad it could have been if the government didn't step in.We talk about the ICAN Act, why Mac was called to testify in front of Congress about it, and how modifying the stipulations for what it takes to be a venture capitalist could be good for founders of color.And lastly, we talk about Mac's journey to becoming a VC and why he focuses on business outside of Massachusetts, New York, and California.Link to Show Notes Hosted on Acast. See acast.com/privacy for more information.
Key takeaways: --Your limit to opportunities is your own mindset. --Founders should build their network consistently over time. It will help you understand the fundraising journey, and bring you honest feedback about how long the journey will take. --Early stage investors are "founder evaluators" more so than "business evaluators". Help them believe you have the network, skills, grit, intelligence and flexibility it takes to get you to the Series B and beyond. Mac Concell - Rarebreed Ventures Mckeever E. (Mac) Conwell, 2nd, is a Baltimore native and attended Morgan State University, majoring in Computer Science. In 2006 at the age of 19 he joined a co-op program with the Department of Defense where he achieved Top Secret Security Clearance. He went on to become a government contractor doing software development in multiple computer languages and working for several companies, including Northrop Grumman and Booz | Allen | Hamilton. In October of 2009 Mac co-founded his first tech startup, Given.to. The Given.to team successfully completed two accelerators, Accelerate Baltimore and NewMe Accelerator, where he was later named entrepreneur-in-residence. Mac and his team sold the technology in 2014. His next venture, RedBerry, was accepted into the Dreamit Ventures Accelerator in Philadelphia. Mac has been a guest on Huffington Post Live several times and his companies have been featured in many media outlets such as USA Today, Washington Post, BET, CNN Headline News, and Black Enterprise. Brought on board at TEDCO in the newly-created role of Deal Team Coordinator, Mac is using all of the knowledge he has gained working for both public and private sectors. Mac is responsible for the coordination of all stages of new deals brought into TEDCO.
In this episode, Saka invites McKeever Conwell II to speak about his experience starting his own venture capital fund ‘Rarebreed Ventures', giving advice to startups, founders and investors whilst reflecting on his own journey. McKeever Conwell II is a Baltimore-based investor who left tech development agency TEDCO to start his own venture capital fund, Rarebreed Ventures. It is designed to be the first investor backing large companies like TEDCO. He has a wealth of knowledge of the early stages as he has been both an investor and a founder. McKeever knows what it's like to be an entrepreneur trying to seek funding, so has lots of useful experience he has shared. His key piece of advice is to remember that the relationship between founders and investors is a partnership. Saka's Is That So? is a podcast that focuses on challenging conventional norms across a range of industries including entrepreneurship, finance, tech, society and culture, to help us question things we assume as true.
Levels Head of Growth, Ben Grynol, sat down with one of our investors and Co-Founder of RareBreed Ventures, McKeever "Mac" Conwell. They chatted about the idea of reaching communities that are most impacted by poor metabolic health and what we can do collectively as a society to ensure we're taking the right steps. Become a Levels Member – levelshealth.com Learn about Metabolic Health – levelshealth.com/blog Follow Levels on Social – @Levels on Instagram and Twitter
The Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing
Our guest today is McKeever Conwell II or as he's most well known Mac the VC, Founder and managing partner of Rarebreed Ventures. RareBreed Ventures is a pre-seed fund that invests in exceptional founders primarily outside of large tech ecosystems, earlier than everyone else. We discuss how Mac built relationships on Twitter with investors and founders and was able to raise a VC fund all on Twitter, his due diligence process and how he thinks about customer acquisition. What led you to becoming an entrepreneur? Why investing? Why did you decide to become a VC and start a fund? How were you able to leverage Twitter to become an investor?What was your strategy? I know you invest in both consumer and enterprise. What makes consumer investing hard? Where are you seeing the opportunity within consumer? How do you approach sourcing and finding diamonds in the rough? What's you diligence process? How do you validate how large a problem the entrepreneur is solving?Rebundled What's the most common reason why you passed? What are some of your favorite accelerators that are still under the radar? Do you believe in pattern recognition is important when it comes to investing? What is a day in the life of an emerging manager? What have founders needed the most help from? What motivates you everyday? 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?Why should white guys have all the fun? What's one piece of advice that you have for founders? What's the best piece of advice that you've received?
In The Room with Mac Conwell, the Managing Partner and founder of RareBreed Ventures. After founding a few of his own startups, Mac’s life changed when he learned about the world of VCs and funders. This inspired him to start RareBreed Ventures, a pre-seed fund that invests in founders outside of large tech ecosystems. Mac and RareBreed provide resources, capital, and financial education to new and underrepresented founders. This episode discusses; strategies for bridging the gap between funders and marginalized founders, the unique uses of TEDCO, a state-sponsored VC that provides resources to early stage companies in Maryland, and how Mac is utilizing Rule 506(c) to publicly fund new founders. For The Room Podcast in your inbox every week, subscribe to our newsletter. 0:17 - Where did Mac grow up and how did that shape his view of the world? 1:21 - How did Mac’s early career start put him on a path to entrepreneurship? 3:15 - At what point did Mac decide to quit his job and become an entrepreneur?5:06 - What resources are available now versus when Mac started his career?5:53 - Who did Mac start his first company with?8:59 - How did Mac’s experience as a founder lead him to venture?12:27 - What is it like to be primarily investing in your home state?16:19 - Is there a “top of the funnel” issue when it comes to who is receiving funding and financial education?18:13 - What is TEDCO and how is it tying venture to state funding?20:13 - Why did Mac start RareBreed Ventures?21:31 - How and why does Mac have a “become an LP” button on his website? 26:46 - Who are some of Mac’s favorite companies that he works with?30:46 - How will access to capital change for new founders in the future?33:32 - What’s next for Mac?34:30 - Who is a woman that has had a profound impact on Mac and his career? Be the first to know when new episodes drop - Receive Our Newsletter Season 5 of The Room Podcast is sponsored by our friends at Silicon Valley Bank and Cooley. WX Productions
Mac Conwell ("Mac the VC") is the Founder and Managing Partner of RareBreed Ventures. Mac is a former software engineer and a two-time founder. One of Mac's companies failed, the other went on to a successful exit. He then broke into the world of investing by working for the State of Maryland, before raising a fund of his own in a short amount of time. From homeless to VC, "hacker turned hustler", RareBreed has seen tremendous success in a short amount of time. You can also watch this episode on youtube at: https://youtu.be/yUZLzY-fyJU https://twitter.com/macconwell https://rarebreed.vc https://rationalvc.com 00:00 Intros 02:32 Psychology from homeless to VC 07:58 How Mac got into VC 13:14 Raising a fund off Twitter 19:07 Overlooked & underserved founders 23:35 Diligence / what Mac looks for 30:41 Biases in Silicon Valley 34:58 Mac's advice for Cyrus and Iman 41:30 Mistakes to avoid after raising a fund 43:15 Technical skills vs selling skills for founders 46:30 Mac's mentors 49:23 Mac's personal values & principles -- Rational VC provides regular content on technology investing and technology building. We also write long-form memos. You can sign up for these monthly memo newsletters on the website: https://www.rationalvc.com/ We break everything down to first principles, to simplify the complex technology world. We aim to bring you content that is insightful, logical, and rational. We cover tech products and tech companies across the lifecycle, from pre-seed to seed, Series A to D+, to IPOs and beyond. We also cover all investing methods including Angel Investing, Venture Capital, Private Equity, Hedge Funds, Public Markets, etc. For more information on Cyrus, Iman and the channel, check out: https://www.rationalvc.com/ https://www.linkedin.com/in/cyrusyari/ https://www.linkedin.com/in/imanolya1/ https://twitter.com/CyrusYari https://twitter.com/iman_olya Apple Podcasts: https://podcasts.apple.com/gb/podcast/rational-vc/id1537462327 Your feedback and comments are very welcome. We hope you enjoy listening as we embark on a journey to understand this space; clearly, and rationally, of course. --- Disclaimer: The content and materials provided are solely for informational purposes and do not constitute investment or legal advice. All opinions expressed by hosts and guests are solely their own opinions and do not reflect the opinion of their employer(s). No copyright infringement intended.
Mac the VC joins the show as the first guest for Angel Season 6 to share his story and how he invests. https://twitter.com/MacConwell
Justin Gordon (@justingordon212) talks with Mac Conwell (@MacConwell), Managing Partner at RareBreed Ventures. Mac is a former software engineer and two-time founder. One of Mac's companies failed, the other went on to a successful exit. RareBreed Ventures is a pre-seed fund that invests in exceptional founders outside of large tech ecosystems, earlier than everyone else. They invest in 2 types of companies: those building a software product with a unique or clearly repeatable customer acquisition strategy or building a physical product in a vertical that has lacked innovation in 10+ years. This is because these two founders are out-of-the-box thinkers and problem solvers. Unlike other pre-seed funds, RareBreed takes a concentrated portfolio approach by writing checks of up to $250K as the first or one of the first investors.Website: RareBreed VenturesLinkedIn: linkedin.com/in/mckeever/Twitter: @MacConwellShow Notes: Mac's thoughts on being a great storyteller How Mac uses his story as his pitch to raise a fund The journey that led him into VC How Mac has the confidence to constantly bet on himself Mac's experience at rock bottom and building resilience From dropping out of high school to having a 6-figure job at the age of 21 How Mac manages his time and priorities Mac's secret to using Twitter What Mac looks for in the founders he invests in How Mac evaluates customer acquisition at the pre-seed level The value of creativity and how Mac leveraged it for customer acquisition as a founder Some of Mac's portfolio companies and their stories of grit What's next for RareBreed Ventures More about the show:The Vitalize Podcast, a show by Vitalize Venture Capital (a seed-stage venture capital firm and pre-seed 300+ member angel community open to everyone), dives deep into the world of startup investing and the future of work.Hosted by Justin Gordon, the Director of Marketing at Vitalize Venture Capital, The Vitalize Podcast includes two main series. The Angel Investing series features interviews with a variety of angel investors and VCs around the world. The goal? To help develop the next generation of amazing investors. The Future of Work series takes a look at the founders and investors shaping the new world of work, including insights from our team here at Vitalize Venture Capital. More about us:Vitalize Venture Capital was formed in 2017 as a $16M seed-stage venture fund and now includes both a fund as well as an angel investing community investing in the future of work. Vitalize has offices in Chicago, San Francisco, and Los Angeles.The Vitalize Team:Gale - https://twitter.com/galeforceVCCaroline - https://twitter.com/carolinecasson_Justin - https://twitter.com/justingordon212Vitalize Angels, our angel investing community open to everyone:https://vitalize.vc/vitalizeangels/
On December 2, 2021, 500 Global convened the global venture capital community in Miami to its PreMoney 2021 conference for an interactive experience at the nexus of culture, technology, investment and global finance. Mac Conwell joined us on a panel of emerging VCs. He founded Baltimore-based RareBreed Ventures a little more than a year ago to invest in pre-seed and seed founders outside of the major tech hubs. On our podcast Rise of the Next, Mac tells us how he raised his fund the most unconventional way–by using Twitter. The social media platform enabled him to build a network in the VC community and learn about the world of venture capital. His advice to underrepresented founders: don't get mad, get even. Listen to his journey and more. Tune in for future episodes on major podcast streaming platforms and the Global VC. Subscribe here.LEGAL DISCLAIMERTHIS PODCAST IS INTENDED SOLELY FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT PROVIDED AS PART OF ANY SUCH PROGRAMS, SERVICES OR EVENTS BE CONSTRUED AS INVESTMENT, LEGAL, TAX OR ACCOUNTING ADVICE BY 500 STARTUPS MANAGEMENT COMPANY, L.L.C. OR ANY OF ITS AFFILIATES (“500 GLOBAL”). 500 GLOBAL MAKES NO REPRESENTATION AS TO THE ACCURACY OR INFORMATION IN THIS PODCAST AND WHILE REASONABLE STEPS HAVE BEEN TAKEN TO ENSURE THAT THE INFORMATION HEREIN IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS AND 500 GLOBAL ACCEPTS NO RESPONSIBILITY FOR ANY LOSS WHICH MAY ARISE FROM RELIANCE ON THE INFORMATION IN THIS PODCAST.UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS PODCAST, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 GLOBAL OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION IN THIS PODCAST IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE WITH REGARD TO SECURITIES BY 500 GLOBAL. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL INVESTMENT FUND. UNDER NO CIRCUMSTANCES SHOULD ANY STATISTICS, QUOTATIONS OR OTHER CONTENT BE INTERPRETED AS TESTIMONIALS OR ENDORSEMENT OF THE INVESTMENT PERFORMANCE OF ANY 500 GLOBAL FUND BY A PROSPECTIVE INVESTOR CONSIDERING AN INVESTMENT INTO ANY 500 GLOBAL FUND.THIS PODCAST MAY CONTAIN FORWARD-LOOKING STATEMENTS WHICH INVOLVE RISKS AND UNCERTAINTIES, AND ACTUAL RESULTS MAY DIFFER MATERIALLY FROM ANY EXPECTATIONS, PROJECTIONS OR PREDICTIONS MADE OR IMPLICATED IN SUCH FORWARD-LOOKING STATEMENTS.THE PODCAST INCLUDES CONTENT DELIVERED BY AN INDEPENDENT THIRD PARTY THAT IS NOT RELATED TO OR CONTROLLED BY 500 GLOBAL. ALL VIEWS AND OPINIONS PRESENTED IN THE PODCAST BY SUCH THIRD PARTY ARE THEIR OWN VIEWS AND OPINIONS AND DO NOT REPRESENT THOSE OF 500 GLOBAL. 500 GLOBAL MAKES NO REPRESENTATIONS AS TO OR GUARANTEES OF SPECIFIC OUTCOMES FROM ATTENDING OR RELYING ON THE CONTENTS OF THE PODCAST.
In this episode, Justin Gordon (@justingordon212) talks with Gale Wilkinson (@galeforceVC) Founder and Managing Partner of Vitalize Venture Capital, a $16M seed-stage fund based in Chicago, San Francisco, and Los Angeles. While Gale mainly invests in the future of work through Vitalize, she also works to empower others - advocating for angel investing for everyone.Gale is also a startup advisor, on the Chicago: Blend Board, in Kauffman Fellows Class 23, has an MBA from the University of Chicago Booth School of Business, and is a dog lover.Gale's Twitter: https://twitter.com/galeforceVCShow Notes How Gale began angel investing (In 2012) Gale's background leading investments in 65 companies, investing $50M The story around Gale's first angel investment Getting more women to start angel investing Building a muscle for investing - learning how to identify strong opportunities Choosing winners - Qualities of founders Gale has invested in LPA: Delineating between Angel Investing and Fund Investing Building a portfolio as an angel investor - Best strategies, writing 30 checks in 25 companies between pre-seed and series A No matter how you start, just start - getting involved, adding value, deploying small amounts of capital Passionate about sustainability and diverse founding teams A few of Gale's angel investments Time Commitment: An overview for novice Angel investors Access: The two kinds of angel investing, passive and active Getting started as an LP into venture funds and how Gale made her investment into Mac Conwell and Rarebreed Ventures VC's evolving culture: Gale's community-based approach to investing, being an LP with Rarebreed Ventures, Emerging managers The power of Twitter More about the show:The Vitalize Podcast, a show by Vitalize Venture Capital (a seed-stage venture capital firm and pre-seed 300+ member angel community open to everyone), dives deep into the world of startup investing and the future of work.Hosted by Justin Gordon, the Director of Marketing at Vitalize Venture Capital, The Vitalize Podcast includes two main series. The Angel Investing series features interviews with a variety of angel investors and VCs around the world. The goal? To help develop the next generation of amazing investors. The Future of Work series takes a look at the founders and investors shaping the new world of work, including insights from our team here at Vitalize Venture Capital. More about us:Vitalize Venture Capital was formed in 2017 as a $16M seed-stage venture fund and now includes both a fund as well as an angel investing community investing in the future of work. Vitalize has offices in Chicago, San Francisco, and Los Angeles.The Vitalize Team:Gale - https://twitter.com/galeforceVCCaroline - https://twitter.com/carolinecasson_Justin - https://twitter.com/justingordon212Vitalize Angels, our angel investing community open to everyone:https://vitalize.vc/vitalizeangels/
“Breaking into VC: No Track record to a $10M Fund”Mac Conwell of RareBreed Ventures and Jeremy Neilson from Assure, discuss the playbook for breaking into venture. For aspiring fund managers who don't have an Ivy League background, a VC resume, and a network of LPs, Mac has proven you can build a brand and go out and raise money in non-traditional ways.To learn more about Mac Conwell and RareBreed Ventures click here.
PrimeTime VC LIVE! from Rockefeller Plaza ft. Nihal Mehta, Jenny Friedman, McKeever (Mac) Conwell,II & Joshua Rahn debate Web3.0, Tech, Investing & More! Top Venture Capital Investors from Eniac Ventures, Four Acres Venture Capital, RareBreed Ventures & Oceans VC battle it out! Only 1 can be crowned the Champ! Event Partners: First Republic Bank - Robert Hughes III & Kyle Gross HqO - Optimizing the Tenant Experience for Office Buildings PitchPages.io - Tyler Kelly & Kyle Eddins Entre - The #Network for Todays #Entrepreneur - Michael Marra Tishman Speyer & Studio Gather, showing you what true hospitality feels like. Sutton Capital - Learn VC Joel Palathinkal, Ph.D --- Send in a voice message: https://podcasters.spotify.com/pod/show/primetimevc/message
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
McKeever "Mac" Conwell II is the founder and managing partner of RareBreed Ventures, a pre-seed fund that invests outside of large tech ecosystems, with a concentrated portfolio approach being the first check with up to $250K. Mac's journey into venture is nothing short of inspirational, Mac went from being homeless to being an engineer to founding his own companies to today, raising Rarebreed largely on Twitter. In Today's Episode with Mac the VC You Will Learn: 1.) How Mac went from being homeless to becoming an engineer and starting his own company? How did his time operating lead to his becoming a VC and building his Twitter brand? 2.) What are the biggest ways that venture is messed up today? Why does Mac believe it does not matter about getting into hot deals? Why does Mac believe that the brand of the VC that does your round does not matter? Does Mac see the leading venture brands investing outside SF and NYC? What elements of an investment compel them more than others? 3.) In the wake of the George Floyd event, who does Mac note did not say anything? How does Mac want to see diversity introduced at the institutional LP level? What does Mac believe institutional LPs care about? What can institutional LPs do structurally to allow themselves to invest in the next generation of emerging managers? 4.) Why does Mac not like AngelList Rolling Funds? How did he structure his fund in a creative way? How does Mac feel about the requirements for GP commits? How did Mac use Twitter very specifically to raise his fund? Which people went out of their way to help him? What were some of the biggest takeaways from those discussions? Item's Mentioned In Today's Episode with Mac the VC Mac's Favourite Book: Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire
The incredible Mac Conwell discusses how he got into VC and what drives Rarebreed Ventures. From investor product fit to the value of twitter for networking, and what the next steps are to get more diverse founders backed.
Welcome to today's episode with Mac Conwell, Founder and Managing Partner of Rarebreed Ventures. Rarebreed Ventures is working to help founders who need money the most. We talk about his unique story, and how that has led to his unique fund. We talk about how he got to start funding companies in Maryland and how it led to him getting to work finding amazing black founders and really getting his plan redirected away from chasing lots of money, to creating a fund to help out new founders. We talk about what raising a fund is. Remember that Ventures are not personal, and you need to be specific when submitting a proposal. And, when submitting a proposal check out https://www.loom.com/ for creating a video for your proposal. Block out time on your calendar to relax and rest, and don't stop doing it. The best way to contact Mac is via Twitter https://twitter.com/MacConwell LinkedIN https://www.linkedin.com/in/mckeever/ Rarebreed https://rarebreed.webflow.io/ Check out these books: https://www.amazon.com/Should-White-Guys-Have-Billion-Dollar/dp/1574780360 https://www.amazon.com/Alchemist-Paulo-Coelho/dp/0061122416 Check out Spundle, The "Blow dryer that Defies the rules." https://www.meetspundle.com/ --- Support this podcast: https://anchor.fm/the-reset-podcast/support
In this episode of our Gamechangers series, we're speaking with Mac Conwell, the founder and managing partner of Rarebreed Ventures, a pre-seed venture capital fund investing in underrepresented founders outside of major tech ecosystems. Mac is also a Kauffman fellow and two-time entrepreneur with one successful exit under his belt. In today's episode, Mac shares his inspiration behind Rarebreed ventures and how he successfully turned this idea into a reality. He also discusses the importance of building and maintaining a network, the power of social media, and what he looks for in companies that he wants to invest in.
Mac Conwell is an experienced software engineer and former tech startup founder. Currently Conwell is using his talents, investment philosophy and expertise to raise 10 million dollars for his venture capital firm, RareBreed ventures. RareBreed Ventures is closing in on that goal and is investing in founders before everyone else. Conwell sits down with MIW podcast team and shares how he's found great entrepreneurs in areas where many aren't looking.
McKeever "Mac" Conwell II is the founder and managing partner of RareBreed Ventures. Mac is a former software engineer and two-time founder. One of Mac's companies failed, the other went on to a succesful exit. In this episode we explore the early stage startup ecosystem in the region and specifically discuss investing in under-represented communities.
In this episode, you'll hear from Mac Conwell II, Founder and Managing Partner at RareBreed Ventures, a pre-seed to seed venture fund looking to invest in RareBreed entrepreneurs in North America. Mac's VC story was driven by a desire to create a space for entrepreneurs from underrepresented communities in the United States. You'll learn in this episode why there is room outside of North America's major tech hubs for startups, how to successfully approach investors, and other great funding tips from a VC who's interested in you! See Show Notes: https://bit.ly/InvestHerPodcast-Ep20-MacConwell
In this episode, Mac talks about his value system which led to building RareBreed ventures, what can LPs do to encourage more underrepresented founders to be backed, and much more!
McKeever “Mac” Conwell II is a software engineer by trade and was a former DOD contractor with a top-secret clearance. He […]
RareBreed Ventures is a pre-seed fund that invests in exceptional founders outside of large tech ecosystems, earlier than everyone else. Unlike other pre-seed funds, RareBreed takes a concentrated portfolio approach by writing checks of up to $250K as the first or one of the first investors. McKeever "Mac" Conwell II is the founder and managing partner of RareBreed Ventures. We speak with Mac about the path that led him from founder to Venture Captial. Mac is a former software engineer and a two-time founder. One of Mac's companies failed, the other went on to a successful exit.What you will learn Why it's important to lead from conviction in business 00:17:49 Why many VCS miss profitable opportunities with founders from nontraditional backgrounds 00:15:17 Why the culture of Venture must change 00:23:41
Mac Conwell is redefining venture capital by breaking all of the rules.In September of 2020, Mac founded RareBreed Ventures, a seed-stage fund that invests in founders outside of the US's major tech hubs. Before starting his own fund, Mac worked as a software engineer and DOD contractor. He founded two companies before stepping into the investment world through TEDCO without any prior investing experience. Now, Mac has created his own iteration of a 506(c) fund structure that allows him to be transparent about his investments over social media and effectively grow his network.Learn more about RareBreed Ventures ›
How should a founder handle the urge to show a VC who passed on their round that it was a huge mistake? Or what should you do if you're not actually "always killing it." Is it ok just be doing ok? We bring in Mac Conwell, the founder of RareBreed Ventures, to discuss these confessions and more. If you're a fan of the show, please consider leaving us a review on Apple Podcasts or wherever you listen to podcasts. *** This episode is brought to you by: Bespoke Post: With a new line up of essential Box of Awesome collections for guys, Bespoke Post is guaranteed to upgrade your life. Use code 'Rocketship' to get 20% off your first box. The Product Institute: Product Institute is a subscription-based, online learning hub for product managers. Use the code ROCKET at checkout, you can enroll for just $999/year. Blinkist: Rocketship.fm is now on Blinkist! Listen to 12 minute episodes with no ads! Get seven days free when you check out Blinkist today. 4Books: 4books makes sure we don’t stop reading and learning just because we have less time. 4books is an app with a mission: to let you improve your personal and work life by making it easy and fun to learn from the world’s most brilliant minds. Go to your AppStore or Google Play and download 4books today. WIX: When your agency partners with Wix, you unlock an entire digital ecosystem for creating, managing and growing your business online. Head over to Wix.com/Partners and reimagine what your agency can accomplish. BetterHelp: Unlimited Professional Counseling via Online Chat, Video or Phone Anytime, Anywhere. Get 10% off when you visit betterhelp.com/rocketship. *** This show is a part of the Podglomerate network, a company that produces, distributes, and monetizes podcasts. We encourage you to visit the website and sign up for our newsletter for more information about our shows, launches, and events. For more information on how The Podglomerate treats data, please see our Privacy Policy. Since you're listening to Rocketship, we'd like to suggest you also try other Podglomerate shows surrounding entrepreneurship, business, and careers like Creative Elements and Freelance to Founder. Learn more about your ad choices. Visit megaphone.fm/adchoices
RareBreed Ventures is a pre-seed fund that invests in exceptional founders outside of large tech ecosystems, earlier than everyone else. Unlike other pre-seed funds, RareBreed takes a concentrated portfolio approach by writing checks of up to $250K as the first or one of the first investors. Tune is as Mac tells through his experience in entrepreneurship and his transition into venture capital.TWITTERWEBSITESupport the show (https://www.patreon.com/KenGr)
In this episode, we learn what are the right classes and majors to have if you want to end up in the VC. We follow Margaret's journey of breaking into the VC world and the decision that lead her there. LinkedIn https://www.linkedin.com/in/margaretntambi/ https://twitter.com/margentambi https://www.genzvcs.com/ Margaret bio: Margaret is a Results-driven Financial professional bridging analytical and leadership skills to grow businesses. From interning at the State Department to P&g and Accenture, Margaret then transitioned to a fellow at Pariti VC and the now-famous RareBreed Ventures led by MACtheVC on Twitter. On top of all that excellence, she is now in the process of completing her MBA at the NYU Stern School of Business. For more info visit year1 podcast website at www.year1podcast.com --- Send in a voice message: https://anchor.fm/year1/message
Zach Silverman joined me on the podcast to discuss his background and interest in helping more people understand and be inspired to invest in private companies. He started a group, Educated Investors, during Covid, and it's quickly grown into a vibrant online community of investors. Zach and his father invested in an emerging VC firm, RareBreed Ventures, headed by Mac Conwell, who's been a force of nature on Twitter and in the world of emerging VC managers! Zach and I initially connected on Twitter, one of the silver linings of the last year, and I've had a great time in his group so far. Zach also has a passion for diversity and inclusion in the startup and investing community, and we talked about it quite a bit in this episode. I'm confident that Zach will inspire a whole new generation of investors to participate in the startup world and assist the many amazing founders, and innovations they're building, to become more successful. Thanks also to show sponsor, Collective Genius, and their work to help venture-backed companies build unstoppable teams. Reach out to me if you want to meet Jeff and team there.
McKeever "Mac" Conwell II of RareBreed Ventures joins Nick to discuss Raising a Fund via General Solicitation & Twitter, How Rolling Funds Can Disadvantage LPs, and Facing the Reality of Diversity in VC. In this episode, we cover: Walk us through your background and path to VC What's the thesis at RareBreed Ventures? Why did you start RareBreed Ventures? Tell me about the fundraise... when did you first kickoff and then start getting momentum? Have you gotten better at raising over time? What have you improved most? What resonates w/ LPs, what do you get pushback on? What's been the biggest surprise in the process so far? Optimistic, pessimistic or neutral on diversity in VC over the next decade? Twitter -- blowing up, what's working so well? Rolling fund vs. not... why? Thoughts on thesis and portfolio construction... What's the ideal fund size for your stage and strategy? Founders... biggest mistake you see early stage founders make Gives us a snapshot of Rarebreed in 3 years... how about 7 years?
Join Vik, Bree, and their special guest, Mac Conwell of Rare Breed VC, for a heartwarming episode that traverses Mac's extraordinary path from his roots in Baltimore and days at a crab shack to the pinnacle of raising his own venture fund. They delve into Mac's perspectives on the latest in tech like Clubhouse and Gamestop, his love for corgis, and the quintessential qualities he seeks in founders. Tune in for an episode that's full of flavor, insight, and a touch of mayhem that even Mac's mom won't forget!Links:www.rarebreed.vcwww.twitter.com/MacConwell
Venture Unlocked: The playbook for venture capital managers.
Listen now (48 min) | This episode was particularly a fun one to record in that we moved a bit away from our traditional interview format to more of a water-cooler format with Mac Conwell of RareBreed Ventures and Roy Bahat of Bloomberg Beta for a wide-ranging chat about the state of emerging venture capital. Get on the email list at ventureunlocked.substack.com
This episode of the Retail X Series podcast features is all about the do's and don'ts when pitching a venture capitalist. Mac Conwell, Managing Partner at RareBreed Ventures, talks about what VCs are looking for, what you should ask a VC in your first meeting and demystifies what "traction" really means at the early stages. If you're a founder about to pitch your first VC, don't miss this episode! Topics:- What early rounds look like right now - preseed, seed and seed plus- Why investors look for a startup to have the pathway to becoming a unicorn- Which early "metrics" are important to VCs- What traction can look like at preseed, and some unique ways founders have shown traction- How the first meeting with a VC should go- What questions founders should be asking VCs in the first meeting- How to think about valuation at the early stage (hint: it's more art than science)- Why raising (or trying to raise) too early doesn't workFollow Mac on Twitter @MacConwellMusic by Eino Toivanen, kongano.com Edited by Deven Shah
On this episode with chat with McKeever "Mac" Conwell II, who is the founder and managing partner of RareBreed Ventures. Mac is a former software engineer and two-time founder. One of Mac's companies failed, the other went on to a succesful exit. Topics to look forward to... investing at the pre-seed stage, building the startup ecosystem outside of Silicon Valley, and what makes a "Rarebreed Founder". Visit our website and submit a question/topic here. Hosted by @de_havia and @imessien Recorded: October 2020
On this episode of The Jason Cavness Experience I talk with McKeever (Mac) Conwell II of Rarebreed VC | BBJ Tech 10 | Investor | Founder | Disruptor cavnessHR website: https://www.cavnessHR.com Jason's email: jasoncavness@cavnessHR.com @cavnessHR across social media @jasoncavnessHR across social media We talk about the following His new Venture Capital firm, RareBreed VC. His experience as an entrepreneur. What are some misconceptions people have about being an entrepreneur? Lack of diversity in tech and VC. Mac's Bio Mckeever (Mac) Conwell, II is the Founder and Managing Director of RareBreed Ventures, a pre-seed stage venture fund based in Baltimore, MD. is a Pre-seed Fund that is investing in exceptional founders outside of the large tech eco-systems earlier than everyone else.With early meaningful cash upfront, wraparound services to increase capacity, and institutional knowledge from the additions of an executive RareBreed Ventures accelerates a companies' growth at the earliest stages Before starting Rarebreed Mac worked at the Maryland Technology Development Corporation (TEDCO) as the Portfolio manager. There his role was to find, help make investment decisions on, and help build Maryland-based startups. Mac works closely with many TEDCO portfolio companies to help them secure customers, partnerships, and funding. Mac also conducts extensive outreach to all of the tech communities and ecosystems in Maryland and does a lot of work supporting founders who consider themselves to be economically or socially disadvantaged. In 2017 Mac helped launch the Minority Business Pre-seed Fund and what was later transitioned to the Builder Fund which is the first state-backed pre-seed fund for women and minority-led startups. Mac uses the knowledge he gained working in both public and private sectors as a software engineer and CEO to help startups be successful. A Baltimore native, Mac joined a co-op program with the Department of Defense in 2006 and obtained a top-secret security clearance. He went on to become a government contractor working in software development for several companies, including Northrop Grumman and Booz Allen Hamilton. In October 2009, he co-founded his first tech startup, Given.to, which completed two accelerators, Accelerate Baltimore and NewMe Accelerator. Mac was later named entrepreneur-in-residence at NewMe. Mac and his team sold the technology in 2014. His next venture, RedBerry, was accepted into the Dreamit Ventures Accelerator in Philadelphia. Mac has been a guest on Huffington Post Live several times and his companies have been featured in many media outlets such as USA Today, Washington Post, BET, CNN Headline News, and Black Enterprise. He attended Morgan State University, majoring in Computer Science. Mac's Social Media LinkedIn: https://www.linkedin.com/in/mckeever/ RareBreed VC Twitter: @RareBreedVC Mac's Twitter: @MacConwell Mac's Advice Do your best to manage your own internal emotions. Ups and downs can happen in the span of minutes. Take the time to manage your own emotions. The hustle is real. I understand you're hustling and working hard to make this money. But take time to take care of yourself because this is not worth your health and your life. See acast.com/privacy for privacy and opt-out information.