AngelList
Confidential
2023
Nov. 8 - Nov. 10
Virtual Sessions
SF + NY Happy Hours
Three days of inspiring, insightful discussion exploring the new frontier for innovation, venture capital and the private markets.
Exploring the new frontierof private equity &investor track record
Join us for AngelList’s annual conference where we’ll bring together innovators, investors, thinkers, and doers in an effort to discuss how to navigate the new frontier for private markets.
Watch the recordingsEric Bahn is Co-Founder and General Partner at Hustle Fund, an early-stage venture capital firm based in San Francisco. Hustle Fund invests in software-enabled startups at the pre-seed and seed stages. Hustle Fund today manages $130M+ in assets under management. To date they have invested in over 350 startups.
Previous to starting Hustle Fund, Eric was an active angel investor for five years, seed investing in several companies now worth over $1B including: Boom Supersonic, NerdWallet (IPO 2021), and Webflow. Eric also spent time as a Venture Partner and Entrepreneur in Residence at 500 Startups, the most active early-stage venture capital firm in the world.
Before becoming a full-time investor, Eric spent over a decade as a successful operator and entrepreneur. Eric worked at Instagram for as an early Product Manager. At Instagram, he shipped a number of business and ad-based products, most notably Instagram''s first small business advertising platform, which has generated over $500M in revenue in the first year.
In the early part of his career, Eric spent seven years bootstrapping a social network for MBA applicants called Beat The GMAT. He and his team grew Beat The GMAT from 0 to 3 million members, never requiring outside funding due to its profitable business model. In 2012, Beat The GMAT was acquired by The Daily Mail, where Eric served as its Director of Product Management for 2 years.
Eric has been featured in a variety of major media publications including: The New York Times, Time Magazine, Axios, and TechCrunch.
Eric is a native of Detroit, Michigan. He first arrived to Silicon Valley to attend Stanford University (where he earned his BA and MA), which in turn launched his career into software and startups. He is happily married and a father to two kids.
So you raised a fund in 2021, now what?
Emerging fund managers raised $57B in 2021 — nearly as much as 2019 and 2020 combined — and they deployed that capital during the pandemic boom high. What are the right next steps to build a strong track record? And is that possible given current market dynamics?