DoorDash Co-Founder Stanley Tang on founding story, lessons + First-time fund manager panel | E1759

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Today’s show:

The contents of this episode were recorded live at LAUNCH Angel Summit in Napa.

DoorDash Chief Product Officer and Co-Founder Stanley Tang joined Jason live on stage at Angel Summit to discuss DoorDash’s founding story, avoiding ZIRP distractions, and the cloud kitchen movement (1:23).

Then, Jason sits down with Kelli Fontaine of Cendana Capital, Sophia Amoruso of Trust Fund, and Paige Doherty of Behind Genius Ventures to chat about becoming and investing in first-time fund managers (36:49).

Follow Stanley: https://twitter.com/stanleytang

Check Out DoorDash: https://www.doordash.com/

Follow Kelli: https://twitter.com/kells_bells

Check Out Cendana Capital: https://www.cendanacapital.com/

Follow Paige: https://twitter.com/paigefinnn

Check Out Behind Genius Ventures: https://www.behindgeniusventures.com/

Follow Sophia: https://twitter.com/sophiaamoruso

Check Out Trust Fund: https://www.trustfund.vc/

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Time stamps:

(0:00) Nick kicks off the show

(1:23) DoorDash’s founding story with Stanley Tang

(11:06) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist

(12:20) The Palo Alto delivery experiemnt

(16:07) DoorDash’s first delivery

(18:21) The era of excess

(23:00) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups

(24:23) Avoiding ZIRP distractions

(26:44) Navigating through the pandemic

(30:59) The Cloud Kitchen movement

(35:31) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(36:49) Defining a fund of funds and selecting managers with Kelli Fontaine of Cendana Capital

(44:00) Raising a private fund with Paige Doherty of Behind Genius Ventures

(48:14) The origin story of Trust Fund with Sophia Amoruso

(53:42) The prevalence of startup funds

(59:35) Advice for first-time fund managers and having the ability to say no

(1:04:36) Running a small fund in a sustainable matter

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