There are so many businesses that change the world when entrepreneurs’ ideas find the light of day and offer solutions that nobody else has been able to formulate. But sometimes those ideas need a little retooling of their own in order to work out longer and build a more sustainable business model. That’s why Ashley Lightspeed of Lightspeed Venture Partners works with new business owners in building their business plan, and then uses data and tests to get an idea of how it would work in the real world. Certainly not everything that’s simulated can work out exactly the way it was tested, but Ashley has quite a background of understanding how prototyping can work.
Ashley Lightspeed didn’t see herself in venture capital investing when she first started school at Duke University. She initially wanted to be an architect like her father who she would watch sketch building structures and formulate blueprints, and she would discover building a business to be somewhat similar. She didn’t actually go directly into business startups but instead found consulting to be an attractive career beginning. So Ashley brought the knowledge she had gained in certain business planning and procedures to Bain & Company for several years. Read more on nypost.com
Ashley Lightspeed delved deeper into business planning and development when she joined the team at Thumbtack and managed their wedding events services, and this part of her career had her exploring more on starting a business plus venture capital. She then went on to graduate school and became familiar with Lightspeed Venture Partners and how many new disruptive businesses were receiving investments and eventually going public at the firm. She was only happy to join the team when it was announced new positions were open in the consumer investing division, and since then she’s brought a lot of valuable input to her colleagues and entrepreneurs.