Ellis Fried, Vice President at Vanterra Ventures, made the leap from founding a health-focused snack brand to becoming an investor in the consumer health space.
After studying economics at the University of Michigan and launching SMPL, Ellis shifted to venture capital.
In this episode of Turning Pro, Ellis discusses his transition from founder to investor, offering insights into the skills required to succeed in both roles.
He reflects on how his operational experience shapes his current work, supporting founders in sectors like branded products and digital health.
00:00:00 Early Career and Startup Beginnings: How Ellis started his entrepreneurial journey during college with Smpl
00:02:51 Lessons from Shutting Down a Startup: The emotional and professional impact of closing his first company during the pandemic
00:05:57 Operator Empathy in Investing: Why operational experience makes investors more effective in supporting founders
00:10:09 What Founders Get Wrong About Fundraising: Key pitfalls, including rigid valuations and misaligned expectations with investors
00:17:25 Market Trends in Consumer Health: Shifts toward profitability over growth and the new benchmarks for early-stage funding success
00:22:05 Ecommerce Enablement Trends: Why brands are consolidating their tech stacks and how modern solutions are driving ROI
00:26:50 The Case for Lean Operations: How startups can use offshore talent and capital efficiency to weather a cautious funding market
00:46:25 Empathy and Transparency in Investing: The value of direct communication with founders and the importance of building trust early
00:54:25 Ellis Freed’s Turning Pro Moment: The life-changing first investment that validated his entrepreneurial path
Follow Ben Sharf: https://hoo.be/bensharf
Follow Adrian Alfieri:
Instagram: https://www.instagram.com/adrian.alfieri/
Twitter: https://twitter.com/adrianalfieri
Linkedin: https://www.linkedin.com/in/adrian-alfieri/
#entrepreneur #podcast #expert #tips #career #founderadvice #founder #success #ellisfried #investor #turningpro #bensharf #adrianalfieri