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☆ Meagan Loyst, the founder of Gen Z VCs, asked her social media followers for the one thing they would change about venture capital. Here's what they told her.
  + stars: | 2023-09-28 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
Loyst founded Gen Z VCs, a community of over 25,000 young investors, founders and operators. A plurality of young investors and founders said they wanted venture capital to be more accessible. AdvertisementAdvertisementFor newcomers, the clubby world of venture capital can often seem like a black box. AdvertisementAdvertisementAccording to her poll, 45% of respondents said they wished the venture capital industry was "more accessible" to newcomers. AdvertisementAdvertisementLoyst's survey responses are reflective of how many young investors and founders feel shut out of the venture capital industry today, which could potentially get worse during the venture capital downturn.
Persons: Loyst, Z, —, Meagan Loyst, Hippeau Organizations: Service, Black Venture, Venture, Sequoia, Forbes, Oxford University
☆ 'I feel like I got catfished': Young VCs who left investment banking and consulting jobs are having career second thoughts in the downturn
  + stars: | 2023-02-22 | by ( Stephanie Palazzolo | Madeline Renbarger | ) www.businessinsider.com   time to read: +6 min
For young investors who pivoted to VC in the middle of the recent market downturn, the reality hasn't been quite as glamorous. From window shopping to bargain huntingMany young investors eagerly filled junior-associate positions at VC firms, expecting the breakneck rate of deals common in 2020 and 2021 to continue. With fewer deals to go around, there's more pressure than ever for new VC associates to bring in hot investments, young VCs told Insider. One investor told Insider that they didn't regret the pivot from tech-investment banking to venture capital in the second half of 2021. Some young investors like Nicole DeTommaso, who left investment banking to intern at Harlem Capital in 2020, started posting regular detailed Twitter threads on how to break into venture capital in the second half of 2021.
☆ Gen Z VCs founder Meagan Loyst used ChatGPT to write a new educational children's book in 2 hours — to show why she thinks generative AI can be a major learning tool
  + stars: | 2023-01-09 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +3 min
Meagan Loyst, the founder of Gen Z VCs, is bullish on generative AI as a tool in education. Loyst self-published a children's book on AI that she wrote using ChatGPT and DALLE-2 in two hours. Here's why she thinks generative AI will have a big role in education, even amid teacher concerns. To prove to her following of VCs and startup founders what generative AI is capable of, Loyst self-published a children's book on Amazon titled "Show Me What AI Can Do!" "So a children's book just seems really natural—so many VCs are parents, and the youngest Gen Zers are 10 years old!"
☆ Meagan Loyst, the 25-year-old founder of Gen Z VCs, is leaving her investing role at Lerer Hippeau to focus on the online community full-time
  + stars: | 2022-11-02 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +3 min
Meagan Loyst, an associate at VC firm Lerer Hippeau, is leaving to focus on Gen Z VC full-time. After investing in dozens of founders over the past two years as an associate at venture-capital firm Lerer Hippeau, Meagan Loyst is stepping away to focus on Gen Z VCs, the online community she founded. After getting flooded with responses, she set up a Slack channel to connect around 700 Gen Z founders and investors, and the group has continued to grow since. Through Gen Z VCs, Loyst plans to host networking events in major cities, much like the group's summits in Chicago and Los Angeles last month. She also intends to monetize her own online following as a Gen Z expert through her online newsletter, "The Gen Z POV," video content on TikTok and YouTube, and speaking at summits.
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