Jumpstart Foundry: Healthcare Innovation Fund with Eller Mallchok

Eller Mallchok is the Managing Director at Jumpstart Foundry. She oversees the strategic direction of each annual fund, leads fundraising efforts, and serves as the point of contact for all portfolio company founders. After earning a B.S. in Biology from Dickinson College, she made her way back home to Tennessee, where she has been deeply involved in the entrepreneurial and investment ecosystem.[00:01 – 07:47] Getting to Know EllerI welcome our guest for the episode, Eller MallchokEller talks about her backgroundHer role at JumpstartWhat encouraged her to become part of Jumpstart FoundryInvesting with female founders and healthcare start-ups[07:48 –  17:25] Venture Capital IndustryEller’s experience as a woman in the industryWomen representation in the venture capital industrySignificance of the ‘Black Lives Matter’ and ‘Me Too movement’ in the investment world[17:26 –  32:51] Jumpstart FoundryThe difference of Jumpstart Foundry from a Traditional VC FundTypical volume of applications they receiveHelping the majority of companies achieve “base hits” rather than one company to hit a homerunThe power of the network they have at Jumpstart FoundryHealthcare industry in Nashville[32:52 –  42:51] Closing SegmentThemes in management teams that prove successfulCommon things that result to startups failureIf you were speaking to a student, a recent graduate, or a woman who wants to get into the Venture Capital Industry. What advice would you give?Connect with Eller. See Links Below.Final wordsTweetable Quotes: “I think women inherently have more experience and more exposure to healthcare decisions. They are typically the ones making the most health care decisions in their family unit. So they are acutely aware and understand healthcare.” -  Eller Mallchok“Two of the things that most often results in startups failing are: no market need and running out of money. So if you can address both of those potential points of failure, then you’re much better positioned for success.” - Eller Mallchok“the power of your network early on is very very real. Getting even just connected to people in this space is important, and doing whatever you can to bring value to them.” - Eller Mallchok Resources Mentioned: Jumpstart FoundryDickinson College------------------------------------------------------------------------------Connect with Eller, follow her on Linkedin, send her an email at [email protected]. Visit https://jsf.co/ Connect with Excelsior GP:Excelsior GP WebsiteLinkedInYouTubeConnect with me:LinkedInLIKE, SUBSCRIBE, AND LEAVE US  A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON! Hosted on Acast. See acast.com/privacy for more information.