
In episode #12, Murph and Ahk sit down with Carter Steffes, the ambitious co-founder of New Era Ventures, who is breaking barriers in the venture capital world by building a fund in his 20s. š
We dive into Carterās incredible journeyāfrom starting out as a frustrated scout for other investors to running SPVs and investing in Gen Z founders across the country. Along the way, Carter shares how heās leveraging his Midwestern roots to build a unique VC firm while navigating the challenges of being a young fund manager.
Tune in for:
- the bold risks Carter took to start New Era Ventures
- how young fund managers are rewriting the rules of venture capital
- why building in unexpected places, like Fargo, ND, can be a game-changer
- the parallels between launching a startup and raising a venture fund
-------------------------------------------------------------------
š Timestamps & Topics:
(00:00) Intro
(02:00) building a fund without an MBA
(06:30) SPVs demystified
(12:00) betting on Gen Z founders
(18:00) building in fargo
(25:00) finding champions and overcoming credibility barriers
(32:00) failing forward in Venture Capital
(36:00) Outro
-------------------------------------------------------------------
šSocials: š New Era Ventures šØāāļøā Connect with Carter Steffes on LinkedInā š¦¬ ā Follow Carter Steffes on Xā š¼ā ā Follow All Caps Capital on LinkedInā ā
ā¶ļø ā Subscribe on YouTubeā š ā Subscribe on Apple Podcastsā š£ā ā Follow All Caps Capital on Xā š¤ā ā Follow Ryan Murphy on Xā ā š„ā ā Follow Ahmed Ghaddah on X
ā ā ā Follow All Caps Capital on TikTokā šøā ā Follow All Caps Capital on Instagramā ā š°ā ā Subscribe to our Newsletter, All Caps Chronicles
#startupinvesting #allcapscapital #newera #youth #spv #startupgrowth #entrepreneur #midwest #podcast