Lily Lyman, a partner at the early-stage investment firm Underscore, is making waves in Boston’s startup ecosystem with her unique approach to dealmaking and community building.
Courting Deals
Known for her unconventional tactics, Lyman once offered to coach a founder’s daughter’s lacrosse team as part of a deal negotiation. This personalized approach, coupled with her background as a growth hacker at Facebook, has earned her a reputation as a formidable force in the world of early-stage investing.
A Shift in Leadership
With the recent generational transition at Underscore, Lyman is poised to take on a more substantial role within the firm. Following the departure of the founders, Michael Skok and John Pearce, Lyman’s promotion to managing partner signals a new chapter for the nine-year-old venture capital firm.
Boston’s Talent Magnet
Lyman’s influence extends beyond her role at Underscore. As a leader in organizations such as All Raise and the New England Venture Capital Association, she has become a central figure in Boston’s tech community. Her ability to foster relationships and champion founders has solidified her position as a key player in the local ecosystem.
Navigating Challenges
Despite the challenging fundraising landscape in the wake of the pandemic, Underscore is forging ahead with a new $50 million fund. Lyman’s focus on pre-seed and seed investments reflects a strategic shift for the firm, positioning it for success in a rapidly evolving market.
The Future of Underscore
As Lyman takes the helm at Underscore, her leadership style and vision are expected to shape the firm’s trajectory. With a keen eye for talent and a commitment to building enduring businesses, she is poised to lead Underscore into its next phase of growth.
Conclusion
Lily Lyman’s rise to prominence underscores the vibrancy of Boston’s startup ecosystem and the pivotal role that venture capitalists play in shaping its future. With her passion for entrepreneurship and dedication to fostering community, Lyman is poised to leave a lasting impact on the local tech scene.
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