Minnie Ingersoll, cofounder of the fast-growing car marketplace Shift, just became a VC in L.A.

TechCrunch | 3/5/2019 | Staff
kimskims (Posted by) Level 3
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Minnie Ingersoll has already had an enviable career. After 12 years at Google, working as product manager and later principal with Google.org, she cofounded the venture-backed online car marketplace Shift in 2013, then she left to join the nonprofit Code for America, where she learned entirely new skills, including managing finance and marketing and recruiting.

Now, Ingersoll is taking her skills, know-how and network and putting them to work at the eight-year-old, L.A.-based seed-stage firm TenOneTen Ventures, which she has newly joined as a venture partner.

Move - VC - Industry - Call - Afternoon

It’s a move she’d been longing to make, even if she wasn’t entirely honest with herself about it. “I’ve always been interested in VC but I think I was vaguely intimidated by the industry,” she said in a call earlier this afternoon. Despite her background — including a computer science degree from Stanford and a Harvard MBA — she wasn’t always sure she was qualified for a role as an investors.

Turns out that venture firms in L.A. quickly dispelled her of this notion.

Move - South - Bay - Area - Place

While contemplating a move south from the Bay Area because it’s an expensive place to raise a family and because of aging parents in Southern California to whom she wanted to get nearer, Ingersoll found herself talking with local venture firms about executive roles at their portfolio companies. But those talks soon turned into job interviews, she says, which soon turned into repeated talks with one firm in particular: TenOneTen.

It’s the perfect fit for TenOneTen, says the firm’s cofounder, David Waxman. In...
(Excerpt) Read more at: TechCrunch
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