On this episode of Fund Flow, host Jon Finger sits down with Brom Rector, founder of Empath Ventures, to break down misconceptions about psychedelic medicine and first-time management.
Brom worked in venture capital as a quantitative researcher and portfolio manager for several years until he realized something was missing. As he describes it, “I didn’t like this idea of just reducing everything down to pure numbers. It kind of felt like you lose a lot when you do that. And I wanted to try getting involved with businesses on the private side where there’s a bit more of a human element.”
In 2020, he took the plunge and began The Brom Podcast, where his guests continue to educate him on the diverse and evolving market of psychedelic medicine startups. The podcast garnered a lot of attention and became a natural crossroads for new startups and LPs to intersect.
As the founder of Empath Ventures, Brom continues to bring LPs into the psychedelic venture capital community. During this episode, he discusses misconceptions regarding investing in psychedelics, what Empath Ventures looks for in an LP, and the lessons he’s learned in his first year of operation.
💡 Featured Guest 💡
Name: Brom Rector
What he does: Brom is the founder of Empath Ventures, a venture capital fund focusing solely on investing in psychedelic medicine startups. After leaving the hedge fund industry in 2020, Brom continued researching the growing investment market surrounding psychedelic medicine. His curiosity turned into the launch of The Brom Podcast, where he interviews guests about the breakout psychedelics industry from a business, investing, cultural, and social impact perspective.
Organization: Empath Ventures, The Brom Podcast
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This podcast was recorded and is being made available by McGuireWoods for informational purposes only. By accessing this podcast, you acknowledge that McGuireWoods makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in the podcast. The views, information, or opinions expressed during this podcast series are solely those of the individuals involved and do not necessarily reflect those of McGuireWoods. This podcast should not be used as a substitute for competent legal advice from a licensed professional attorney in your state and should not be construed as an offer to make or consider any investment or course of action.
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