Elizabeth Galbut (SoGal Ventures) - The biggest arbitrage opportunity of her lifetime, managing a global investment fund, and leveraging her community to make decisions

My guest today is Elizabeth Galbut, one of the founding partners of SoGal Ventures. SoGal Ventures is the is the first female-led, next generation venture capital firm. In this episode we discuss how Elizabeth's interests led to thinking about consumer innovation, how she started a fund, the biggest arbitrage opportunity of her lifetime, and managing a two person global fund. Without further ado, here's Elizabeth.Some of the questions I ask Elizabeth:You were originally in healthcare. What prompted you to make this transition to become a venture capitalist?How did SoGal Ventures come about? What's your typical check sizeI know Pocket is located in Asia, you're located in the United States and you are a two GP, how do you think about where to focus on investing since you are quite global and have a small team?Walk me through your due diligence processWhat categories do you spend the most time on? How do you analyze categoriesWhat has to stand out when you talk to founders?I know part of your focus is looking at products that serve the upcoming generation. What are you most surprised by Gen Z?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?What's the best piece of advice that you've received?What's one piece of advice for founders?

Om Podcasten

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place. Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription. Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch. This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled. For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.