LA Venture: Marlon Nichols On His 'Glass-Half-Full' Mentality

Minnie Ingersoll
Minnie Ingersoll is a partner at TenOneTen and host of the LA Venture podcast. Prior to TenOneTen, Minnie was the COO and co-founder of $100M+, an online marketplace for used cars. Minnie started her career as an early product manager at Google. Minnie studied Computer Science at Stanford and has an MBA from HBS. She recently moved back to L.A. after 20+ years in the Bay Area and is excited to be a part of the growing tech ecosystem of Southern California. In her space time, Minnie surfs baby waves and raises baby people.
MaC Venture Capital partner Marlon Nichols

On this week's episode of the L.A. Venture Podcast, hear from Marlon Nichols, a founding Managing General Partner at MaC Venture Capital. MaC Ventures is seed-stage venture fund prioritizing investments in underrepresented founders.

Nichols shared how he got started in venture: After initially picking up the business at Intel Capital, he became a Kauffman fellow, where he is currently on the board. He left Intel to pursue his "cultural investing thesis" and became the founder of Cross Culture, and then MaC Venture Capital.

Nichols emphasized the positive culture at MaC Venture Capital, saying that he and his team share a "glass half full" mentality.

He also discussed the things he thinks set the fund apart; namely, a vast and diverse network built across entertainment, sports and the major advertising and global advertising agencies. He talks about MaC's operations capabilities, and how it can refine product storytelling.

Nichols said "I've seen great technology companies just, like, struggle to tell the world why their technology matters."

He also discussed leading MaC Venture Capital's recent investment in Pipe, a startup that helps companies scale without debt. When he invested, the company was valued at $13 million. In less than a year it's grown to be valued at $2 billion.

In the rest of this episode, Marlon shares about his background growing up as a Jamaican immigrant, and how his blue collar mentality is cornerstone to his investment philosophy.

Marlon Nichols is the founding managing general partner at MaC Venture Capital and a Kauffman fellow who also serves on its board of directors.

"We tap into those folks— call them influencers—who are tastemakers and we try to find common links throughout these people and throughout the world. Once we see something that's popping up over and over again, that tells us that there's there's something interesting happening here that we should pay attention to." —Marlon Nichols

dot.LA Engagement Intern Colleen Tufts contributed to this post.

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How These Ukranian Entrepreneurs Relocated Their Startups to LA and Found Success

Aisha Counts
Aisha Counts is a business reporter covering the technology industry. She has written extensively about tech giants, emerging technologies, startups and venture capital. Before becoming a journalist she spent several years as a management consultant at Ernst & Young.
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