I got to walk with Leah Solivan, founder of TaskRabbit and now Managing Director of Precedent VC, through her journey from IBM engineer to startup founder to venture capitalist. We got into the early days of building TaskRabbit, the decision to sell the company to IKEA, and her transition into investing. Leah also shared her philosophy on evaluating founders, the AI-powered deal scoring tool she built, and the story behind her upcoming book, Breaking Precedent
Timestamps:
00:00:00 Trailer 00:01:12 Intro 00:01:21 Ballet background and SF Ballet board 00:06:12 TaskRabbit's origin story 00:10:52 Move to the Bay Area 00:23:00 Selling TaskRabbit to IKEA 00:33:03 Letting go of founder identity 00:35:37 Launching Precedent VC 00:38:26 AI-powered deal scoring system 00:41:26 Investing philosophy and founder fit 00:54:30 Founder green and red flags 00:58:26 Why she wrote Breaking Precedent 01:07:12 Parenting and work-life balance 01:10:46 Defining success 01:12:20 Outro
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