Description

Fiorella Schiffino is the CFO at Raven Indigenous Capital Partners.

Raven Indigenous Capital Partners is Canada's first Indigenous-led and -owned social finance intermediary.

Raven focuses on facilitating the flow of capital through impact investing to support the ongoing revitalization of the Indigenous economy. Raven builds relationships with Indigenous communities and entrepreneurs to drive sustainable change.

Takeaways

• Moving PwC to Inovia and the VC space.

• Diving into the finance side of venture including financial operations of the fund, cash management, compliance and reporting.
• The move to Raven.
• Assisting portcos with establishing governance and financial infrastructure.
• Guidance on hiring CFOs or bookkeepers and implementing accounting systems.
• Fund construction and reserves for follow-on investments.
• Raven's thesis and mission in supporting Indigenous and Native American entrepreneurs.
• When should founders think about hiring for finance roles.

Chapters

00:00 Transitioning from Professional Services to Venture Capital

03:14 The Dual Reporting Responsibilities of a Finance Leader in Venture Capital

12:39 Assisting Portfolio Companies with Governance and Financial Infrastructure

26:02 Fund Construction and Reserves in Venture Capital

28:30 Supporting Indigenous and Native American Entrepreneurs in Venture Capital

Keywords

venture capital, PwC, Inovia, finance leader, fund administration, portfolio companies, governance, financial infrastructure, fund construction, reserves, Indigenous entrepreneurs, Native American entrepreneurs