TLDR:
- Sophia Amoruso, founder of Nasty Gal, has launched a new venture-capital fund called Trust Fund.
- Amoruso’s previous ventures include Nasty Gal, Girlboss Media, and a job-seeking site.
Sophia Amoruso, the original #Girlboss known for her fast-fashion brand Nasty Gal, has stepped into a new role as a venture capitalist. After founding Nasty Gal in 2006 and publishing a bestselling memoir, Amoruso experienced layoffs, revenue losses, and a lawsuit that ultimately led to the company’s bankruptcy. She then created the Girlboss Media brand and job-seeking site, which she sold in 2019 amidst the “Girlboss Reckoning.” Now, Amoruso is running Trust Fund, an early-stage venture fund focused on investing in tech-enabled products that support business development.
The transition from girlboss to venture capitalist marks a significant pivot in Amoruso’s career, showcasing her ability to adapt and innovate within the tech industry. With a portfolio that includes reputable names like Theragun and 1stDibs, Trust Fund promises to invest in pre-seed and seed stage companies with a forward-thinking approach. Despite previous challenges and setbacks, Amoruso’s new venture signifies a fresh start in the world of technology and venture capital.
