We welcome the dynamic Melissa Withers, Founder and Managing Partner of RevUp, an early mover and innovator in the RBF market. Melissa shares her unconventional journey into professional investing, emphasizing her commitment to remaining founder-aligned throughout. She sheds light on RevUp's founder-focused and non-dilutive model, empowering founders to have more control over their destinies. In the conversation, Melissa reflects on her early foray into entrepreneurship, embodying a "if you want it, build it yourself" ethos from a young age. She talks about her desire to provide entrepreneurs with the transparency and tools they need to build the businesses they envision.
At the end of the chat, Melissa shares a few of her favorite lessons from taking up boxing, revealing how it has aided her both inside and outside the ring.
Key Takeaways
[2:35] Melissa’s background
[3:58] What led Melissa to create RevUp.
[4:45] RevUp’s progress and journey.
[5:49] Melissa’s early background working in Cambridge during the dawn of biotech.
[9:38] Melissa’s Northstar.
[10:27] The opportunity to innovate the capital toolkit.
[11:37] Is capital innovation slow?
[20:20] How building RevUp has been similar to Melissa’s founder journey.
[24:16] An honest dialogue about what equity ownership really means.
[30:29] At RevUp, 60% of the portfolio is female-led companies and 30% are led by black or brown founders.
[39:43] How RevUp helps its portfolio companies.
[42:09] Melissa’s history in entrepreneurship.
[48:06] What taking up boxing has done for Melissa.
[52:40] The pros of Melissa’s unconventional path.
[55:24] Why RevUp would not exist if they tried to start it today.
[57:40] What’s next for Melissa and RevUp?
Resources:
RBF Network
Keith’s Twitter
Keith’s Linkedin
Speaker Series
Guest: LinkedIn | RevUp Capital | | X | (Un)Founded podcast
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Cardiac Cowboys
The heart was always off-limits to surgeons. Cutting into it spelled instant death for the patient. That is, until a ragtag group of doctors scattered across the Midwest and Texas decided to throw out the rule book. Working in makeshift laboratories and home garages, using medical devices made from scavenged machine parts and beer tubes, these men and women invented the field of open heart surgery. Odds are, someone you know is alive because of them. So why has history left them behind? Presented by Chris Pine, CARDIAC COWBOYS tells the gripping true story behind the birth of heart surgery, and the young, Greatest Generation doctors who made it happen. For years, they competed and feuded, racing to be the first, the best, and the most prolific. Some appeared on the cover of Time Magazine, operated on kings and advised presidents. Others ended up disgraced, penniless, and convicted of felonies. Together, they ignited a revolution in medicine, and changed the world.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.