In a world where new venture funds are popping up left and right, facing a tough market as exits become more elusive, Elizabeth Weil’s Scribble Ventures shines as an example of the power of strong networks.
Weil recently secured a whopping $80 million for Scribble’s third fund, marking their largest capital raise yet. With a background that includes roles at Andreessen Horowitz and Twitter, Weil’s market prowess is undeniable.
The Scribble Network, as Weil calls it, is a key factor in their success. This curated group of operators and executives not only brings in deals and due diligence support but also invests alongside the firm. It’s a win-win situation for everyone involved.
Tech and VC heavyweights are lining up to join the Disrupt 2025 agenda, drawn in by the success stories of companies like Whatnot, Atmo, and Poolside.ai, all early beneficiaries of Scribble’s keen eye for potential.
Scribble’s approach of flexible investments, without rigid ownership targets, has paid off, with their first fund already showing strong performance. With a focus on AI startups, Weil and her team are confident in their ability to navigate the noisy startup landscape and find success.
