Jesse Draper (Halogen Ventures) on Betting on Companies Early, Founder Red Flags, and Why Investing in Women Is NOT a Charity

February 24
1h 12m

Episode Description

Jesse Draper has heard it all: “nepo baby,” “charity fund,” “too niche”—and she turned every jab into fuel. After getting laughed out of rooms while raising her first fund, Jesse built Halogen Ventures into one of the earliest venture capital funds explicitly focused on backing female founders, now with 85+ portfolio companies and multiple unicorns.

In this episode, Jesse breaks down how she actually evaluates startups when they’re early (and sometimes barely making their first dollar), the metrics she thinks founders overhype, and the green flags that make her lean in, like radical transparency and founders who are obsessed enough to “check QuickBooks” mid-question. She also tells the wild story of why she’ll never invest off Zoom again, how social media has changed consumer investing, and what the DEI rollback is starting to look like inside venture.

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Jesse’s epic interview with Elon MuskFollow Jesse’s work at Halogen Ventures

Here’s what Sammi covers with Jesse

00:00 Jesse Draper’s Social Currency

00:50 Meet Jesse Draper

03:00 The Reality of Being Fourth Generation VC

06:13 The Valley Girl Show and the Elon Musk Interview

16:36 From Entertainment to Entrepreneurship

18:25 Getting Laughed Out of Pitches and Championing Female Founders

25:36 Crazy Pitch Stories

27:25 The Wild Con Artist Story

30:29 Never Invest Based on Zoom Meetings

34:03 The Viral “Investing In Women Is Not a F*cking Charity” Essay

37:16 Data That Investing in Women Works

38:09 What Founders Should Know About Conversations with VCs 

41:43 Red Flags and Green Flags

46:44 How Social Media Has Changed VCs

53:00 Future of Equity in VC

59:12 Investing in Alabama

01:07:56 Social Currency Corner

01:09:57 How to Show Social Currency Some Love

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