GV’s youngest partner has launched her own firm

Terri Burns, who was GV’s youngest-ever partner

Terri Burns, a former partner at GV, is embarking on a new venture with the launch of her own investment firm, Type Capital. Concentrating on early-stage startups, the firm will provide funding at the pre-seed and seed stages, as reported by Fortune. While Burns is still in the initial stages of establishing her firm and hasn’t yet made any investments, she has confirmed the launch of Type Capital.

The establishment of Type Capital is a noteworthy development, marking Terri Burns’ entrance into the ranks of Black women who lead their own venture firms. Notable figures among them include Jewel Burks Solomon of Collab Capital, Sarah Kunst of Cleo Capital, and Monique Woodard of Cake Ventures.

This accomplishment highlights Burns’ remarkable journey in the venture capital landscape, which commenced with her tenure at GV in 2017. In 2020, she made history as GV’s youngest and first Black female partner at the age of 26. Prior to this, Burns began her career at Twitter as an associate product manager before pursuing a Kauffman Fellowship and studying computer science at NYU. In 2021, she became the youngest member of the university’s Board of Trustees.

During her time at GV, Burns played a crucial role in several successful investments for the firm. Notably, she led the investment in the social app HAGS, later acquired by Snapchat. Her involvement in Partiful, which has garnered over $20 million in funding from investors such as a16z, further solidified her reputation as a discerning tastemaker in consumer tech. Additionally, she is an angel investor and co-founded an angel investment collective that has backed at least 11 companies, including Clubhouse.

Burns’ interests lie in supporting Gen Z founders, digital consumer companies, developer tools, and artificial intelligence initiatives. Similar to many seed-stage investors, she aims to be the first investor in promising ventures. She believes that too often, investors get caught up in following trends, missing out on potentially great opportunities while waiting for validation from others. Burns intends to leverage her extensive network to assist founders in securing follow-on opportunities, as she expressed to Fortune.

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