Happy 5th birthday Hustle Fund!


This post is by dunkhippo33 from Elizabeth Yin


Wow, it’s hard to believe it’s been 5 years since we started Hustle Fund! In the last 5 years, we have: 

  • Raised and deployed ~$130m
  • Brought on 25 team members at Hustle Fund
  • Built a community of nearly ~1000 Angel Squad members
  • Funded ~400 portfolio companies
  • Worked with ~300 LPs
  • Grown to 100k+ followers on my Twitter acct

I’ll let you know how it’s going in about another 5 years! 😀

For all of this, I am so grateful. All that we have achieved has been a community team effort. Hustle Fund is so much more than a VC fund. It has become a movement.

I say this because movements are about values. Movements are about being mission-aligned. When we started Hustle Fund, we didn’t set out to build a VC fund per se. We set out to solve a problem that we personally understood well that we could work on solving over the rest of our careers of 30+ years. The mission that we are on is to democratize wealth via startups by helping startups with capital, knowledge, and networks.

In our first inning of Hustle Fund, we focused just on the capital problem. Specifically, how can we help more fantastic startups who may not have a rich uncle get capital at the pre-revenue stage? Without a warm intro and without needing to be in Silicon Valley. 

This is the hardest stage to raise money, and five years ago, there were only a handful of VCs addressing this (Read more...)