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Lo Toney

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Plexo Capital's Lo Toney Dispells Silicon Valley Myths On The Black Tech Green Money Podcast

There are many myths about Silicon Valley, but AfroTech’s Black Tech Green Money is here to get to the bottom of it. As the founding managing partner of Plexo Capital, an institutional investment firm that was incubated and spun out of Google Ventures (GV), Lo Toney knows what it means to be on both ends of the table, whether it’s being a venture capitalist (VC) or operating a startup. “There are a lot of similarities,” he said during the episode of Black Tech Green Money (BTGM) podcast. “We think about it all the time, both in terms of how we operate and communicate the message of Plexo Capital, but also what we look for in other early-stage firms in general partnerships that we want to invest into.” When it comes to what they’re looking for in a startup, he further explained that the market size, along with the problem that is solved, the solution and how it will fit into the overall competitive landscape are some of the key elements that encourage a VC to invest. “Most...

Shanique Yates

Nov 23, 2021