Meagan Loyst, the 25-year-old founder of Gen Z VCs, is leaving her role as an investor at Lerer Hippeau to focus full-time on the online community

Meagan Loyst, the 25-year-old founder of Gen Z VCs, is leaving her role as an investor at Lerer Hippeau to focus full-time on the online community

  • Meagan Loyst, partner at venture capital firm Lerer Hippeau, is leaving to focus full-time on Gen Z VCs.
  • Loyst will lead the online community of young investors and founders she founded in 2020.
  • She will also produce educational content on entrepreneurship and advise startup founders.

After investing in dozens of founders over the past two years as a partner at venture capital firm Lerer Hippeau, Meagan Loyst is stepping away to focus on Gen Z VCs, the online community that she founded.

A longtime supporter of young people entering the world of venture capital investing, Loyst will become the full-time founder and CEO of Gen Z VCs, an online community of more than 19,000 young people working in technology and capital risk.

“Meagan has been an incredible voice of Gen Z on our team, and we’re thrilled to see her continue to have a positive impact on the entire venture capital industry and on her generation as a founder. and full-time CEO of Gen Z VCs,” Ben Lerer, Lerer Hippeau’s managing partner, said in an emailed statement.

Loyst, now 25, first founded Gen Z VCs in November 2020 as a Slack group after tweeting about her desire to meet more Gen Zers, or people born in their mid to late years. 1990, working in VC. After being inundated with responses, she created a Slack channel to connect about 30 Gen Z founders and investors, and the group has grown steadily ever since.

Through Gen Z VCs, Loyst plans to hold networking events in major cities, much like the group’s summits in Chicago and Los Angeles last month. She currently has no plans to raise venture capital funding for Gen Z VCs.

Loyst’s solo career marks the trend of several young VCs leaving established positions at big corporations to branch out, either by launching emerging funds or creating new creative projects and syndicates. More recently, Rex Salisbury left legendary company Andreessen Horowitz and launched a $20 million fund through Cambrian, his online community for fintech entrepreneurs and investors.

When asked if she would continue investing, Loyst said she was “taking a break” but planned to work as an advisor to young founders. “The founders I’ve worked with know I’m not going anywhere,” she said.

She also intends to monetize her own online following as a Gen Z expert via her online newsletter, “Meagan’s Newsletter: The Gen Z POV”, video content on TikTok and YouTube, and take the speak at summits. It also launched a venture capital basics course on the Maven e-learning platform, which costs $5 to register and will take place in January 2023, and plans to develop more courses as part of it. of a Gen Z VCs learning initiative called Gen Z VCs Academy. Money earned from hosting these classes will go toward a scholarship for students, Loyst said.

Loyst also plans to continue writing essays and public reports on topics such as the creator economy and the metaverse, and is currently participating in the LinkedIn Creator Accelerator program for young professionals.

“What started as a tweet, an article and a Slack group has become much, much more,” she said. “The future of business is driven by creators, and I want to invest in that future.”

Corrected: November 2, 2022 – An earlier version of this story misrepresented the initial number of Gen Z VCs Slack group members. He started with 30 members, not 700. He also misstated the name of Loyst’s newsletter. It’s “Meagan’s Newsletter: The Gen Z POV”, not “The Gen Z POV”. He also misstated the launch date to register for his online course. It launched on November 2 and will not launch in January 2023. The story has also been updated to reflect that Loyst’s online course is part of a larger learning initiative called Gen Z VCs Academy at Gen Z VCs, and proceeds from the courses will be used for a scholarship for students.

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