Jennifer Fonstad is a highly accomplished investment expert and entrepreneur. She co-founded Aspect Ventures, a venture capital firm that focuses on investing in female-founded startups.
Jennifer Fonstad has a strong background in finance, having worked in investment banking and private equity. She has a keen eye for spotting emerging trends and opportunities.
With her extensive experience in the investment world, Jennifer Fonstad has made a significant impact on the startup ecosystem. She has invested in numerous successful companies, including those in the fintech and healthcare sectors.
As an entrepreneur, Jennifer Fonstad has also demonstrated her ability to build and lead successful teams.
Career
Jennifer Fonstad is a seasoned entrepreneur and investor with a proven track record of success. She co-founded Framework Ventures, a venture capital firm focused on blockchain and cryptocurrency investments.
Fonstad's experience in the tech industry spans over two decades, with a strong background in finance and entrepreneurship. She previously worked at Goldman Sachs, where she was a partner in the firm's merchant banking division.
Fonstad has also served as a board member for several companies, including Coinbase, a leading cryptocurrency exchange. Her expertise in the blockchain space is unparalleled, with a deep understanding of its potential to disrupt traditional industries.
Fonstad's investment strategy at Framework Ventures focuses on identifying and supporting innovative startups in the blockchain and cryptocurrency space. She has a keen eye for spotting emerging trends and opportunities, and has invested in several successful companies in the space.
Investments
Jennifer Fonstad has made 3 investments.
Her latest investment was in WorkWhile as part of their Seed VC on December 18, 2020.
2 Portfolio Exits
Jennifer Fonstad has a notable track record of successful portfolio exits. Her latest exit was EdSurge, which was acquired on November 6, 2019.
The acquisition was made by the International Society for Technology in Education, and the valuation was in the tens of millions.
Jennifer's portfolio exit in 2015 was also a significant one.
Two Women Launch VC Firm
Jennifer Fonstad and Theresia Gouw are starting a venture-capital firm called Aspect Ventures.
Only 11% of investors are women, according to a 2011 survey by the National Venture Capital Association.
Fonstad and Gouw will lead Aspect Ventures, which will invest in early-stage startups in the mobile technology market.
Aspect Ventures will provide a diverse, fresh perspective in the technology entrepreneurial community.
Companies with female executives and board members are more likely to succeed, as found in a 2012 study by Dow Jones VentureSource.
Fonstad and Gouw said their firm will be "gender-blind" in its investments and hiring, but they're aware of the statistics showing the benefits of having women in leadership roles.
Most women start their own business to make a difference in the world, according to The Story Exchange's 1,000 Stories project.
By launching their own firm, Fonstad and Gouw are shaking things up in the VC world's boy club.
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