$100M+ Exit – Minnie Ingersoll, Shift

$100M+ Exit – Minnie Ingersoll, Shift

November 13, 2019

Minnie Ingersoll Exited Shift for $100M+

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

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


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


About Minnie Ingersoll: Partner at TenOneTen actively investing in great teams. We 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, I was founder and COO at Shift, an online marketplace disrupting the $1.2T car industry by providing a better experience for buying and selling used cars. Grew to a $100M+ business and a recent Series D.


Started my career as an early product manager at Google. In my spare time, I volunteer for city government, surf baby waves, and raise baby people.


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