When the firm started fundraising, Stanton and general partner Alex Roetter told limited partners that they don't intend to start deploying the capital until 2025. Luckily, their LPs, including funds-of-funds Cendana Capital and Accolade Partners, were eager to back the firm.
Moxxie's success in fundraising for its third fund exceeded expectations, with LPs eager to support due to Stanton's extensive network and investment track record.
Stanton's investment prowess reflected in previous investments like Carta, Coinbase, and Airtable, further bolstering confidence in Moxxie Ventures' future prospects.
Moxxie Ventures, with investments in startups like Certn and Spellbook, focuses on underrepresented founders and has seen moderate success in its portfolio companies.
#fundraising-challenges #venture-capital #investment-track-record #startup-investments #underrepresented-founders
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