Learn how this VC is lifting stigmas in frontier wellness!
Misunderstood markets and non-traditional verticals hold so much unrealized value! From breathwork studios, to cannabis tech, to MDMA therapy, most venture capital dollars overlook the massive value in these untapped markets. In episode 011 of “New to Venture”, I sat down with Helene Servillon, Founding Partner at JourneyOne Ventures. We dive deep into the world of misunderstood markets, frontier wellness, and the difficulties of building a VC firm. If you’re looking for new industries to invest in, give this episode a listen!
Here are just a few of her crazy accomplishments:
- Women Who Empower Innovator Award 💡
- Business Insiders’ Top Global Execs in cannabis 💰
- Marijuana Ventures 40 under 40 🧪
- Guest lecturer and speaker at top MBA programs 🎤
Here are some key takeaways from our conversation:
- Being a VC investor and running a VC firm are two completely different jobs that require different skill sets and talents.
- Be persistent! You’ll hear many “No’s” in your life, but sometimes those will change to “Yes’s”.
- Emerging Fund Managers play the LONG GAME. It takes almost a decade to get results on whether or not you’re good at the job. Startup founders can build the biggest businesses in 10-12 years, but building the best VC firms takes much longer.
(00:00) - Introductions!
(02:20) - Playing D1 Volleyball!
(07:50) - Helene’s career path
(15:19) - Helene’s North Star and “Why”
(17:30) - The origins of JourneyOne Ventures
(25:49) - Why being a solo GP is so difficult
(32:17) - Why Helene loves VC
(38:22) - Diving deep into Frontier Wellness
(46:42) - Misunderstood markets outlook
(51:30) - Ceremonial Final Qs
