MaC Venture Capital

Raising, investing, and operating three venture capital funds and growing AUM to $600M in the span of five short years is no small feat. Additionally, raising fund III (the odds ones are reportedly the most challenging) in nine months during what is being called the most difficult fundraising environment in a couple decades was not a walk in the park. To put this into perspective, it takes an average of 1.5 years to raise a VC fund in normal markets. We are tremendously grateful to say the least. No-one builds anything by themselves. To build something great you need a stellar team and that team must work hand in hand. I'm fortunate to work with an intelligent, dedicated, resilient, and forward thinking group of people (Michael Palank, Adrian Fenty, Charles D. King, Jennifer Randle, Danny Brown, Zhenni Liu, Spencer Pratt, Dela Adedze, Oceana Sweet, and Ken Aseme). This group is also known as "Big MaC". MaC Venture Capital is only as successful as the founders and the companies they build are. Thank you to all the founders that have placed their trust in us and have allowed us to join them on their journeys to create category leading enterprises. The below quote embodies what we try to be to our portfolio founders. "Then there’s that very particular and decidedly intimate relationship that founders and seed stage investors share. Shekel Mobility (YC W23) CEO and cofounder Sanmi Olukanmi, introduced to MaC by another investor after going through Y Combinator, describes his relationship with MaC as “running a business with a brother.” It’s a sentiment that Wonder Dynamics CEO and cofounder Nikola Todorovic echoes—though Todorovic couldn’t say much about the now-closed Autodesk acquisition, he found MaC’s advice vital: “They really are the kind of folks that I can text at 1 AM.”" We feel a tremendous sense of gratitude for our LPs, especially those institutions that have continued to partner and support us across multiple funds--some even doubling and tripling their commitment levels. Without their backing and timely advice, we'd have a vision without the ability to bring that vision into focus. Allie Garfinkle, you did your thing with this exclusive. Thank you and Fortune for telling the MaC Venture Capital story so elegantly. Headlining Term Sheet is a first and an honor. https://lnkd.in/gNfeB8Gi

Back when I worked for Will Smith I heard him say "I'm not afraid to die on a treadmill". There may be people smarter or with more talent, but Will would never be outworked. I've tried to take that mentality with me into my career as a VC, and at MaC Venture Capital I've found partners and teammates that share that same sense of hustle: Adrian Fenty, Marlon C. Nichols, Charles D. King, Danny Brown, Zhenni Liu, Dela Adedze, Spencer Pratt, Jennifer Randle, Oceana Sweet, Ken Aseme. In an environment where upwards of 50% of VC funds may close their doors, I feel fortunate to be able to announce MaC Fund III. I love this job and want to run as fast and as hard as I possibly can for as long as I can. Thanks to Allie Garfinkle at at Fortune for writing about us. https://lnkd.in/d8vkkmc4 https://lnkd.in/dXnTYUhs