Northzone's Rising Star Molly Alter: From Filmmaker to Venture Capital Investor
Molly Alter, the newest partner at Northzone, has had a unique journey to venture capital. From her roots in creative arts to founding a successful company at Harvard, Alter's path to becoming a VC was unexpected. Her transition to Insight Partners and later to Index and Northzone showcases her passion for innovation and learning.
In her interview with TechCrunch, Alter revealed that her initial foray into entrepreneurship was driven by a need to make money, but it evolved into a thriving business. Her move to venture capital was a natural progression, fueled by her curiosity and desire to understand how businesses operate.
As a VC, Alter's investment focus on vertical software exemplifies her deep dive into industries and her knack for spotting potential. Her background in film even led her to a successful investment in Frame.io, a cloud-based video collaboration platform that later sold for $1.3 billion.
Alter's diverse interests and creative background have shaped her approach to investing, allowing her to build strong relationships with founders and bring a unique perspective to the table. Despite the challenges of the job, Alter remains enthusiastic about the opportunities in the VC space, particularly in vertical software and New York-based startups.
In conclusion, Molly Alter's journey from filmmaker to venture capital investor showcases the power of curiosity, grit, and passion in the world of finance. Her story serves as a reminder that with the right mindset and determination, anyone can find success in the dynamic world of investment.