The Glossy Podcast

Imaginary Ventures co-founder Nick Brown on seeking out 'founders with something to prove'

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Sinopsis

With economic and consumer trends constantly in flux, Imaginary Ventures co-founder and managing partner Nick Brown wants to ensure his VC firm stays ahead of the curve. Brown created the venture capital firm alongside Net-a-Porter founder Natalie Massenet in 2018. It is now one of the largest VC funds sitting at the intersection of technology and retail. The company's portfolio includes well-known brands, platforms and founders, including Glossier, Skims, Everlane and Farfetch. The firm has grown funds under its management to $1 billion. In April, it announced its third fund, of $500 million, across late- and early-stage businesses. According to Brown, part of Imaginary's success has been its ability to find the diamond startup with the potential for global reach. "Our approach to investing in brands was always brand lead and product lead," Brown shared on the latest episode of the Glossy Podcast. Brown added that the company prioritizes brands at the forefront of innovation in technology and those that can