![]() She noted, though, that roughly 46% of Angel City fans are “straight white dudes hanging out with their bros.” She noted community is key, and that fostering a sense of engagement and safety at the team’s home venue, BMO stadium (formerly Banc of California Stadium), is one reason fans keep coming back.Īdding free metro rides to BMO stadium and private rooms for nursing fans to breastfeed or fans on the spectrum to avoid sensory overload, were just some of the ways ACFC tried to include its community in the concept of its stadium, Fleischauer said. At an LA Tech Week panel hosted by Athlete Strategies about investing in sports, Angel City head of strategy and chief of staff Kari Fleischauer said that years before launching the women’s National Women’s Soccer League team, Angel City FC was pounding the pavement letting people know about the excitement ladies soccer can bring. In the soccer world, Los Angeles-based women’s soccer team Angel City FC has put in the work to become a household name, not just in LA County but across the nation. “There's an untapped revenue opportunity,” she noted. Storck added that in heterosexual households, women generally manage most of the family’s money, giving them huge purchasing power, a potential advantage for female-run leagues. Women make up half the population, but “also 50% of the folks that are walking into the stadium at Dodger Stadium, or your NFL fans are just about 50% women,” noted Erin Storck, a panelist and senior analyst at Los Angeles-based Elysian Park Ventures. In 2023, the average size of an LA Sparks crowd swelled to 10,396 people, up from 4,701 people. WNBA openers this year saw a 21% spike in attendance, with some teams including the LA Sparks reporting triple-digit ticket sales growth, about 121% over 2022’s total. In 2022, the first 32 games of the NCAA tournament had record attendance levels, breaking records set back in 2004, and largely driven by the new and rapidly growing women’s NCAA tournament. Venture? Listen on Apple Podcasts, Stitcher, Spotify or wherever you get your podcasts. She earned a BSc in math and economics from York University in England, and an MBA from Stanford. There, she worked on IPOs for companies including Facebook, Groupon and Pandora. ![]() She spent eight years on the equity sales and research side of Morgan Stanley. ![]() Nicole Quinn is a partner and Lightspeed Ventures. "I think the rise of 'no code' really only just begun." -Nicole Quinn "We have two ears and one mouth, and we should be using them in that proportion." - Nicole Quinn ![]() Metrics Lightspeed looks at to determiner year=-over-year growth include Seed: between three and five X, series A: three X and series B: two to three X.When Nicole goes to her team for an investment recommendation about a company, she tends to have more conviction around the companies that get high and low scores (1s and 10s), opposed to middle scores (5s and 6s).Lightspeed is laser focused on the consumer and startups. ![]()
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