Erica Wassinger
@EricaRS
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Very likely to be hiding out in Sandhills. General partner at @provenventures. Sometimes helpful at @sandhillselixir, a zero proof spirit.
Omaha, NE
Joined July 2008
Entrepreneurs need control and optionality. Investors have more to offer than capital. @ProvenVentures
omaha.com
Nebraska startup founders take pride in creating jobs and wealth for employees, not necessarily in the pursuit of selling their companies.
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Restocking is a complex puzzle for CPGs w/o tech-driven inventory mgmt. CPGs juggle multiple store locations, calculate reorder quantities manually, and ensure timely deliveries - all w/o real-time data. Inefficiency gave rise to @beretailaware. https://t.co/76NBm3cTba
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VC is not a monolith, yet we see it defined as such (from pre-seed to crossover). This leads to incomplete analysis by LPs on the types of funds to back. Growth, large brands, and seed should be viewed as different asset cats w/unique risk/return/time to liq characteristics
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Hey #ecommerce and #dtc entrepreneurs in Nebraska!! Join us for eCAMP, a 4-Week sprint designed to get you ready for holiday sale success. Proudly partnering with No Substitutes, @growneb @NBDC_Nebraska @SourceLinkNE Elevator Spaces, Made In Omaha! https://t.co/TrZ9yOn9eH
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Nearly 90% of senior care facilities face staffing challenges. The shortage of trained professionals puts a strain on the quality of care provided to residents. Proud to back the Superb staffing sidekicks, helping solve this problem. https://t.co/pOS8HMbtCc
@Molly__Oneil
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We want everyone to know about Nebraska's Sandhills, and keep them a secret. For @ruralnebraska Connecting Entrepreneurial Communities conference, we'll break our silence! Join us Thurs. June 7 - Fri., June 8. Make a weekend of tubing and golfing after! https://t.co/Y2TaKVw6Qp
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+1 honestly think the number one thing that will kill companies over the next 6 months will be spending time/energy fundraising that would have been better spent generating revenue.
Unpopular but true- that time you’re spending fundraising would be better spent selling.
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2021 likely was the largest short-lived aberration in VC history, and everyone - LPs, founders, and fund managers - were complicit and incented for it. Sobriety is definitely back, but it'll take time for everyone to unlearn what preceded 2022.
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.@SentinelFert receives the Entreprenuerial Spirit Award in front of a packed crowd at the Celebrate Business event. Congrats to Jackson Stansell & team on this well-earned recognition. #launchlnk #lnk #startups @NebraskaCombine #bangthedrum
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We are proud to announce our partnership with @CenteseMD! Evan Luxon and the team at Centese have built an impressive device that is transforming surgical drainage in cardiothoracic surgery using digital intelligence. https://t.co/9srcPonjvY
#medtech #medicaldevices #startups
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“You're the best around Nothing's gonna ever keep you down” Adore this team for each and every reason, specifically tenaciously customer led AND lovely humans.
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Ran into one of my favorites in the STL airport! If you haven’t met Anousone, cofounder at https://t.co/F92bQgaW8t, you should. He’s one of the best founders and humans I know!
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Serving on repeat this week. Thanks @SBHOmaha! 🥰
When the @SBHOmaha (queen of food and bev) crafts a cosmo recipe featuring your brand, you simply do as she says. Cranberry Elixir Pomegranate juice Splash of lime #nonalcoholic
#sobercurious
#drydrink
#cocktail
#recipe
https://t.co/CDYhoXBpnD
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Holiday work parties, meet your new bestie. @SandhillsElixir @1ABW
#nonalcoholic #cocktails #zeroproof
https://t.co/agYxjvdznL
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What would accessible, affordable healthcare benefits packages mean for the national rate of entrepreneurship?
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An incredibly hard jump is going from producer to manager. Especially for founders who likely know their customers better than anyone and *perhaps* like control. Invest in the coaching and resources to take your leadership to the next level. It is worth every penny.
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Each month, take stock of your latest wins and biggest impediments. You can track that at the end of each quarter and year... you'll be shocked at how much you've grown!
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Want to get your customer to engage more during the demo? Here's one of my favorite tricks! Use the phrase, "Right about now, several of our customers ask us, 'how does_____?'" This helps your prospect ask questions they may be nervous to voice.
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Fundraising advice for female founders: - Ask for the meeting - Make the pitch - Assume they'll be interested - Don't talk yourself out of just going for it What else? 💃🏽🌟🚀
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Nationally in Q2, less than 2% of all dollars went to women and .055% went to BIPOC teams. Not surprisingly, @provenventures has a different allocation. As of Q3, 85% of Fund One is invested in female CEOs, with 76% going to teams with a BIPOC cofounder. https://t.co/Bg36Iq5qZL
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I once heard a midwest VC brag about the # of CEOs he had fired. He also said that founders were a necessary evil. Strong opinion: Founders are the company's greatest asset. Very, very proud to be in service of some of the midwest's best entrepreneurs. https://t.co/69dUalu0s1
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