Ginger Rothrock of HG Ventures // corporate venture capital investing in heavy construction and materials, environmental services, and specialty chemicals [CC076]
Interview begins: 7:16Debrief: 43:38Ginger Rothrock is a Senior Director at HG Ventures.HG Ventures supports innovation and growth across The Heritage Group by investing and partnering with private companies developing new technologies and approaches in both our core and adjacent markets. We leverage the world class expertise of The Heritage Group operating companies and research center to offer a unique value proposition to our portfolio company partners.Founded in 1930, The Heritage Group is a fourth-generation family-owned business managing a diverse portfolio of more than 30 companies specializing in heavy construction and materials, environmental services, and specialty chemicals.We discuss: Doing Science and Business together 12:04 The Heritage Group and HG Ventures 15:48 HG Ventures and TechStars Timeline 19:32 Measuring ROI 22:21 HG Ventures Funding Model 24:22 Hard Tech startup cost 30:39 Founder Vs Product Market Fit 33:53 What it takes to partner with TechStars 37:2 HG Ventures was founded in 2018 and based in Indianapolis, Indiana.Learn more about HG VenturesLearn more about the Heritage GroupLearn more about the HG Accelerator powered by TechstarsFollow upside on TwitterAdvertise with an upside classified–This episode of upside is sponsored by Ethos Wealth Management. Managing wealth with an eye toward the future demands vigilance and skill in today’s global economy. Over the years, Ethos Wealth Management has worked with clients and their other professional advisors – including attorneys and accountants – to create comprehensive wealth management plans designed to make the best use of their wealth today and help ensure its endurance for future generations.They can do the same for you. Visit upside.fm/ethos to learn more.–This episode is sponsored by SavvyCal. SavvyCal is the most intuitive and powerful scheduling tool on the market. In fact, we just started SavvyCal to book interviews with our guests! You can create personalized links in seconds and even allow recipients to overlay their calendar on top of yours. You really gotta see how this works, and you’ll wonder why it wasn’t always this easy.Sign up to create a free account at savvycal.com/upside and when you're ready to test out a paid plan, use the code UPSIDE to get your first month free.–This episode is sponsored by Fundboard.FundBoard makes free tools and content for founders. FundBoard's beta helps you quickly uncover investors that write checks for startups like yours. Building a FundBoard is really easy… but getting one built for you is even easier! And for a limited time, they're offering to make a FundBoard FOR YOU, pre-built with five investors that are a good fit for your startup so you can hit the ground running. This is an incredible offer for listeners of this show, so make sure you take them up on it! You have absolutely nothing to lose.Just visit upside.fm/fundboard.