Episode description
Episode description
In episode #12, Murph and Ahk sit down with Carter Steffes, the ambitious co-founder of New Era Ventures, who is breaking barriers in the venture capital world by building a fund in his 20s. 🚀
We dive into Carter’s incredible journey—from starting out as a frustrated scout for other investors to running SPVs and investing in Gen Z founders across the country. Along the way, Carter shares how he’s leveraging his Midwestern roots to build a unique VC firm while navigating the challenges of being a young fund manager.
Tune in for:
- the bold risks Carter took to start New Era Ventures
- how young fund managers are rewriting the rules of venture capital
- why building in unexpected places, like Fargo, ND, can be a game-changer
- the parallels between launching a startup and raising a venture fund
-------------------------------------------------------------------
📌 Timestamps & Topics:
(00:00) Intro
(02:00) building a fund without an MBA
(06:30) SPVs demystified
(12:00) betting on Gen Z founders
(18:00) building in fargo
(25:00) finding champions and overcoming credibility barriers
(32:00) failing forward in Venture Capital
(36:00) Outro
-------------------------------------------------------------------
🔗Socials: 🌐 New Era Ventures 👨⚕️Connect with Carter Steffes on LinkedIn 🦬 Follow Carter Steffes on X 💼 Follow All Caps Capital on LinkedIn
▶️ Subscribe on YouTube 🍎 Subscribe on Apple Podcasts 🐣 Follow All Caps Capital on X 🐤 Follow Ryan Murphy on X 🐥 Follow Ahmed Ghaddah on X
Follow All Caps Capital on TikTok 📸 Follow All Caps Capital on Instagram 📰 Subscribe to our Newsletter, All Caps Chronicles
#startupinvesting #allcapscapital #newera #youth #spv #startupgrowth #entrepreneur #midwest #podcast