E107: Julia Krieger: Pari Passu Venture Partners

Episode E107: Julia Krieger of Pari Passu Venture Partners

Guest: Julia Krieger
Host: Barbara Bickham

Summary: In this episode of the Female VC Lab Podcast, Barbara Bickham interviews Julia Krieger, founder of Pari Passu Venture Partners. Julia shares her journey into venture capitalism, the unique structure and thesis behind her firm, and the importance of value-add investors. The conversation covers her current learnings, thoughts on future trends in venture capital, and how PariPassu aims to support founders through their innovative approach.

Key Points:

1. Inspiration Behind Venture Capitalism:

   • Julia's entrepreneurial spirit and prior experience as an operator drove her to venture into investing, allowing her to support a diverse range of companies and continuously feed her intellectual curiosity.

2. PariPassu Venture Partners' Unique Approach:

   • The fund operates through individual SPVs rather than a traditional venture fund, involving a wide array of dedicated resources and a focus on meaningful involvement from experienced operators.

3. Thesis and Motivation:

   • PariPassu’s main thesis is that collaboration and support from experienced operators on the cap table can help de-risk businesses and bridge the gap for high-net-worth individuals wanting to participate in top venture deals with smaller checks.

4. Future Trends in Venture Capital:

   • Julia foresees a greater emphasis on value-add investors and more thoughtful fundraising strategies. Additionally, she predicts a growing interest in industries like defense tech and wellness tech.

Fun Facts:

1. Book Recommendation:

   • Julia is rereading "The Surrender Experiment" by Michael Singer, which emphasizes the concept of flow versus force in life and business.

2. PariPassu App:

   • PariPassu recently launched an app designed as a tech home for their community, making it easier to share opportunities and support founders.

3. Investment Record:

   • Since December 2020, PariPassu Venture Partners has invested in 30 deals with approximately $1 million check in each.

Contact Information:

• Email: julia@ppvp.com

• Download the Pari Passu's app to connect and share opportunities.

Thank you for tuning in to the Female VC Lab Podcast with your host, Barbara Bickham! Be sure to check out the show notes for more details and resources.