$100M+ Exit – Minnie Ingersoll, Shift

$100M+ Exit – Minnie Ingersoll, Shift

November 13, 2019

Get ready for an inspiring conversation as we sit down with Minnie Ingersoll, the driving force behind Shift’s extraordinary success.

In this episode, we dive deep into the process of raising money at different stages of business growth, the transformative power of building a strong and cohesive team, the thought-provoking exploration of whether the quest for billion-dollar status is truly worthwhile, and the exciting discussion on where the next big opportunities for innovation and growth lie.

Tune in as we uncover the insights and experiences that shaped Minnie’s journey to a $100M+ exit. Gain valuable perspectives on the ever-evolving entrepreneurial world.

About Minnie Ingersoll: 

Minnie Ingersoll is a partner at TenOneTen and is actively investing in great teams. They are operators who invest early (pre-seed, seed, seed+) and love working with technical founders who are passionate about what they’re building.

Prior to TenOneTen, she is the founder and COO at Shift, an online marketplace disrupting the $1.2T car industry. They provide a better experience for buying and selling used cars. Shift grew to a $100M+ business and a recent Series D.

She started her career as an early product manager at Google. In her spare time, she volunteers for city government, surf baby waves, and raise baby people.

In this episode, Steve, Mary, Richard, and Minnie Ingersoll discuss:

  • The process of raising money as your business grows
  • The value of a strong team
  • The future of entrepreneurship and whether working toward a billion-dollar status is worth it
  • Where the next big opportunities lie


Key Takeaways:

  • Show up, tell the truth, hope for the best
  • People, product, and market- people will invest in the person if you show them you are worth the investment
  • Venture capital when used in the right way can be extremely beneficial for society as a whole
  • Having a product and customers are vital for investors


Best Advice I Ever Received: Show up, tell the truth, hope for the best

Best Advice I’d Give To Someone Who Wants To Build A $10m+ Business: Build something people love


“When there aren’t spreadsheets with years of history to look at, people are looking at people, product, and market.” — Minnie Ingersoll


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