Manage episode 183070685 series 1401828
David Frankel is a managing partner and co-founder of Founder Collective, which launched in 2011 with a simple mission: To be the most aligned fund for founders at the seed stage. In the years since, they’ve become one of the most respected and highest performing venture firms in the industry.
Before starting Founder Collective, David spent most of his life as an entrepreneur, co-founding Internet Solutions, the first ISP in Africa, at the ripe old age of 23. When Internet Solutions was acquired by Dimension Data, he served as a key executive and on the board through its successful listing on the London Stock Exchange and up until it was ultimately acquired by NTT Japan for $3.2B.
In this episode, we discuss David’s early beginnings as an entrepreneur when he was a teenager, his decision to go back to business school after selling Dimension Data, challenging times raising Founder Collective’s first fund with Eric Paley, and FC’s contrarian approach to many widely held beliefs in the venture industry today.