TLDR:
- Terri Burns, GV’s first Black female and youngest-ever partner, is launching her own venture firm, Type Capital.
- Type Capital will focus on investing in pre-seed and seed startups led by Gen Z founders without depending on market trends or signals from other investors.
Terri Burns, at the age of 26, has made history as GV’s first Black female and youngest-ever partner by launching her own venture capital firm, Type Capital. In an interview with Fortune, Burns highlighted the issue of VC funding strategies relying on “heat” from other investors before committing to a deal. She aims to break this cycle by focusing on true innovation rather than market trends.
Type Capital is in its early stages and will focus on pre-seed and seed investments in areas like digital consumer platforms, developer tools, and AI. Burns is particularly interested in supporting startups led by Gen Z founders and intends to invest early to help them secure follow-on investors and nurture their growth from the ground up.
Burns’ approach to investing is centered around finding and supporting founders before they become widely recognized in the venture capital ecosystem. By steering away from the current trend of dependency on “heat” from other investors, Burns believes that collaboration and respect from founders will lead to successful outcomes for Type Capital.
