LA Venture: Operate's Carey Ransom, from Hardware Store to Venture Capital

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+ Shift.com, 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.
Carey Ransom

On this week's episode of the L.A. Venture Podcast, hear from Carey Ransom, the founder and president of Operate, an Orange Country-based venture studio.


Ransom is well known for his commitment to Orange County businesses and community — "a vibrant community," he says, where he works with startups in pre-seed and seed-stage startups.

Ransom began his career working for his family business, a hardware store in small town Indiana. He credits working with his father and grandfather for sparking his successes and business acumen.

Community was a huge focus of his family's business.

"What I have needed to learn about business, about people — whether that's employees or customers, partners, and even community, I feel like I learned growing up in that business," he said.

After attending business school, Ransom led a startup from inception to exit. This launched his career as an advisor and investor, where he is able to "collaborate on the company-building process."

His latest venture — Operate — is centered around innovation.

"We know they [founders] need a lot more than capital," he said. "And if we can find ones that we can love and we can support in a multifaceted way— that's really what Operate is all about."

Carey Ransom is the founder and president of Operate.

"Where we as a society in many respects have lost our way is by trying to boil things down to a single number, as opposed to accepting that the world is way more complex and complicated than that." — Carey Ransom

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

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